Saba (NASDAQ:SABA), the premier provider of people-centric enterprise solutions, announced today that the Company is postponing its conference call due to severe weather conditions related to Hurricane Sandy that forced U.S. markets to remain closed. The call and webcast, which was previously scheduled for Tuesday, October 30, 2012, is now rescheduled for Monday, November 5, 2012. The purpose of the call is to provide investors an update on the status of Saba’s restatement of historical financial results and its business. Conference Call Saba will host a teleconference call and live webcast on Monday, November 5, 2012, commencing at 2:00 p.m. Pacific Time. To join the call, please dial +1.800.288.8967 or +1.612.332.0226. The access code for the conference call is 267196. To listen to the live webcast, please go to the Investor Relations page of the Saba web site at http://investor.saba.com and click on the Live Webcast icon. A replay of the conference call will be available shortly after its conclusion. The replay dial-in number is +1.800.475.6701 or +1.320.365.3844. The access code for the conference call replay is 267196. The replay can also be accessed from the Investor Relations page of the Saba web site at http://investor.saba.com and will be available through December 5, 2012. About Saba Saba (NASDAQ: SABA) enables organizations to build a transformative workplace that leverages the advent of social networking in business and the ubiquity of mobile to empower an organization’s most mission-critical assets – its people. The company provides a set of people-centric enterprise solutions to various businesses and industries worldwide. Saba delivers cloud-based learning management, talent management, and social enterprise solutions to transform the way people work. Saba's premier customer base includes major global organizations and industry leaders in financial services, life sciences and healthcare, high tech, automotive and manufacturing, retail, energy and utilities, packaged goods, and public sector organizations. Headquartered in Redwood Shores, California, Saba has offices on five continents. For more information, please visit www.saba.com or call +1-877-SABA-101 or +1-650-779-2791. SABA, the Saba logo, and the marks relating to Saba products and services referenced herein are either trademarks or registered trademarks of Saba Software, Inc. or its affiliates. All other trademarks are the property of their respective owners.
Saba Software (Nasdaq:SABA) is trading at unusually high volume Thursday with 1.4 million shares changing hands. It is currently at four times its average daily volume and trading down 75 cents (-8.8%).