No, it means your OLM is programmed to calculate oil life based on the recommendations in your manual. I'm not familiar with Saturn's oil requirements, so I don't know how your OLM is set up.
The Buick we have at work recommends dino oil, & so the OLM is programmed for that. The Corvette specs Mobil 1, & folks here have said its OLM is programmed for quite a bit longer intervals. The new Saab OLM is set up for a max of 2yrs/18k mi intervals using GM-LL-A-025 approved oil. But all of the oils I discovered meeting this spec are full syn, & the two available (so far) in the US are both made by Mobil & both PAO based. Requiring an oil which meets this new spec insures that the owner won't buy 79¢ Accel oil ("Meets API SA!") & then come crying to GM when his engine seizes.
But like I said, this appears to be mostly a "feel good" spec for earning GM environmental credits. GM can "force" owners into extended drains ("Not that there's anything wrong with that!") & reap the financial incentives offered by lowering the environmental impact. I agree with getting people off of the short drain mentality, but I don't like the idea of cloaking your "spec" in secrecy & implying some better oils aren't good enough.
The Saab oil is lower in viscosity & HT/HS than M1 0W-40, but higher in diesel-style additives. Because of these aspects, I wouldn't hesitate to use either M1 15W-50 or Delvac 1 5W-40 in place of the two "approved" oils. They won't meet the CAFE requirements, but their combinations of viscosity, HT/HS & additive packages put them ahead of the GM-LL oils for durability & protection (especially in Saab's turbocharged engines).