SOURCE: Callidus Software Inc.

November 24, 2008 07:07 ET

Callidus Software Accelerates On-Demand Momentum in 2008

Sales Performance Management Leader Quadruples Capacity and Continues to Dominate the On-Demand Market

SAN JOSE, CA--(Marketwire - November 24, 2008) - Callidus Software Inc. (NASDAQ: CALD), the leader in Sales Performance Management (SPM), today announced continued and rapid growth of its on-demand business. Since October 2007, Callidus On-Demand has more than tripled the number of its customers as well as the number of subscribers, increasing from 23,000 to over 73,000 subscribers today. The significant growth further solidifies Callidus Software's position as the leader in sales performance management. Callidus On-Demand attracts companies across all industries because of its ease of deployment and scalability, unmatched by any competitor.

Today, Callidus On-Demand serves customers in more than 130 countries. The proven reliability and 99.97% up-time of the service account for the dramatic increase in on-demand payees. Unlike other sales performance management offerings, the Callidus On-Demand suite offers unprecedented scalability, having processed in excess of 5 billion transactions to date in 2008. The combination of these features has strongly contributed to Callidus Software's financial success generating cumulative annual contract value (ACV) of $24.8 million through Q3 2008.

"We are excited about the market's quick adoption of Callidus On-demand and the resulting tremendous growth in users," said Jeff Saling, senior vice president of Callidus On-Demand. "In October alone, Callidus On-Demand accounted for over 1 billion transactions just for one single customer. The dramatic increase in payees reflects the near 100% reliability and incomparable scalability of our on-demand suite."

Benefits of Callidus On-Demand include:

--  Rapid Time to Value - Quick initial set up through Callidus and highly
    skilled partners
--  Low Cost - Fixed price per payee that includes all maintenance and
--  Flexible - Migrate the same proven software to on-site when needed
--  Scalable - Proven multi-tenant grid processing for scalable
--  Secure and Private - Fully SAS-70 Type II and Safe Harbor certified

To keep up with expected growth, Callidus On-Demand recently quadrupled its already industry leading processing power. The company further strengthened the infrastructure of its sales performance management cloud through utilization of the industry's state-of-the-art quad core processors, fastest and highest density storage and fiber optic network capacity for high speed and high volume processing and superior customer experience. Simultaneously, Callidus Software continues to protect customer data and privacy with the highest security standards. The Callidus SPM cloud is easily connected to by large and small businesses and links directly to other clouds such as Salesforce's platform.

About Callidus Software®

Callidus Software ( (NASDAQ: CALD) is the market and technology leader in Sales Performance Management (SPM). Performance-based compensation is one of the largest investments for all companies. Callidus' customers gain a competitive advantage by maximizing the return on this strategic asset. Our award-winning Software-as-a-Service (SaaS) applications set the standard for pervasive performance management across the enterprise. Over 1.9 million employees and channel partners have their performance managed by Callidus Software.

© 1998-2008 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, TrueTarget 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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