SOURCE: Callidus Software Inc.

October 31, 2007 07:07 ET

Callidus Named in Deloitte's Technology Fast 50 Program for Silicon Valley Software & Information Technology Companies

Sales Performance Management Leader Attributes Recognition to 186 Percent Revenue Growth

SAN JOSE, CA--(Marketwire - October 31, 2007) - Callidus Software Inc. (NASDAQ: CALD), the leader in Sales Performance Management (SPM), today announced that it has been named to Deloitte's prestigious Technology Fast 50 Program for Silicon Valley, a ranking of the fastest growing technology, media, telecommunications and life sciences companies in the region by Deloitte & Touche USA LLP, one of the nation's leading professional services organizations. Rankings are based on the percentage of revenue growth over five fiscal years from 2002-2006. This year's inclusion to the list, 2007 marks the third time that Callidus has been named to Deloitte's Fast 50, after 2004 and 2006.

"To rank on Deloitte's Technology Fast 50, companies must have phenomenal revenue growth over five years. Callidus Software has proven to be one of the fast-growth success stories in Silicon Valley and we applaud their dedication to making their vision a reality," said Mark Jensen, partner and national director, Venture Capital Services, Deloitte & Touche LLP.

Callidus Software's president and CEO Robert Youngjohns credits customer focus, partnerships and the development of innovative and market-leading solutions that provide real value to customers in a broad range of industries, including financial services, communications, pharmaceuticals and high-technology with the company's 186 percent revenue growth from 2002-2006. Said Youngjohns: "This recognition provides further validation to Callidus' leadership position in sales performance and incentive management and underscores our ongoing commitment to providing customers with best-of-breed solutions for aligning sales strategy with corporate objectives and driving revenue."

Callidus' increase in revenues of 186 percent from 2002 to 2006 resulted in the strong ranking in the Software & Information Technology category of the Technology Fast 50 for Silicon Valley. In challenging economic times and faced with unprecedented competition, companies are pursuing new ways to drive revenue and optimize profitability. Sales performance management is one of the untapped levers to bring these strategies to life. Callidus' solutions help companies align corporate objectives with sales strategy.

Callidus' SPM software solutions deliver a high ROI in a very short period of time by allowing sales executives to make better incentive decisions, providing timely visibility into channel operations, and giving them the flexibility to rapidly deploy new sales and distribution strategies and tactics.

This year's Silicon Valley Technology Fast 50 program is co-presented by Deloitte & Touche USA LLP and Silicon Valley Bank, Cooley Godward Kronish LLP, Korn/Ferry International, and Woodruff-Sawyer & Co.

About Callidus Software®

Callidus Software (www.callidussoftware.com) (NASDAQ: CALD) is a leading provider of on-premise and on-demand Sales Performance Management (SPM) solutions to global companies across a broad range of industries. Our software allows innovative enterprises of all sizes to strategically manage incentive compensation, set quota targets, administer producers, and align territories, resulting in improved sales and distribution performance. Over 1.7 million salespeople, brokers, and channel representatives have their sales performance managed by Callidus Software's products.

About Deloitte

Deloitte refers to one or more of Deloitte Touche Tohmatsu, a Swiss Verein, its member firms and their respective subsidiaries and affiliates. As a Swiss Verein (association), neither Deloitte Touche Tohmatsu nor any of its member firms has any liability for each other's acts or omissions. Each of the member firms is a separate and independent legal entity operating under the names "Deloitte," "Deloitte & Touche," "Deloitte Touche Tohmatsu" or other related names. Services are provided by the member firms or their subsidiaries or affiliates and not by the Deloitte Touche Tohmatsu Verein.

Deloitte & Touche USA LLP is the US member firm of Deloitte Touche Tohmatsu. In the US, services are provided by the subsidiaries of Deloitte & Touche USA LLP (Deloitte & Touche LLP, Deloitte Consulting LLP, Deloitte Financial Advisory Services LLP, Deloitte Tax LLP and their subsidiaries), and not by Deloitte & Touche USA LLP.

© 1998-2007 Callidus Software Inc. All rights reserved. Callidus Software, the Callidus Software logo, Callidus TrueAnalytics, TrueComp, TrueComp Grid, TrueComp Manager, TrueConnection, TrueFoundation, TrueInformation, TruePerformance, TruePerformance Index, TruePerformance Indicator, TrueMBO, TrueAllocation, TrueProducer, TrueQuota, TrueReferral, TrueResolution, and TrueService+ are trademarks, servicemarks, or registered trademarks of Callidus Software Inc. in the United States and other countries. All other brand, service or product names are trademarks or registered trademarks of their respective companies or owners.

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