SOURCE: Callidus Software Inc.

April 29, 2008 07:07 ET

Callidus Software Holds Fourth Customer Advisory Board Meeting

Summit Underscores Ongoing Commitment to Customer Interaction and Feedback

SAN JOSE, CA--(Marketwire - April 29, 2008) - Callidus Software Inc. (NASDAQ: CALD), the leader in Sales Performance Management (SPM), today holds its fourth semi-annual Customer Advisory Board (CAB) meeting at the company's headquarters in San Jose, CA. The meetings are designed to give Callidus' customers insight and influence into all areas of the company, including products and services, and offer them an additional channel for feedback.

All sessions at the meeting will be led by Callidus Software's executives, giving customers direct and full access to the decision-making team of the leader in sales performance management solutions. Customers from a wide range of industries, including financial services, communications, high-tech, life science and retail industries will attend the meeting and share their thoughts and observations. This proven method allows Callidus to validate that its strategies best serve the needs of the company's rapidly expanding global customer base.

"Callidus Software not only speaks about its ongoing customer commitment, but shows action and execution. The CAB meetings and the launch of the TrueConnect community are perfect examples," said Joseph W. Bea, general manager, sales compensation at Embarq. "TrueConnect provides industry professionals with an ideal forum for exchanging ideas, discovering, networking and learning about the best sales performance management practices used today. The CAB meetings take things a step further by allowing customers to give input to and get direct feedback from Callidus executives, which, in turn, ultimately benefits our customers through enhanced product development."

The announcement of this year's first CAB meeting comes one month after the launch of Callidus TrueConnect. The online community gives Callidus Software's customers a forum to discover, network, blog and chat about all facets of sales performance management and incentive compensation. TrueConnect further expands on Callidus' commitment to customer satisfaction. The community provides Callidus Software's customers with a secure setting where experts from finance, sales, IT, as well as executives, can share information and ideas and receive real-time feedback from their peers. Since its successful launch, the service has seen dramatic and sustained growth. The forum already has more than 190 members from over 50 companies.

"Customer interaction and feedback has played a pivotal role in Callidus' growth and success," said Allison Solin, director of customer marketing at Callidus Software. "We are pleased with the consistent involvement we've had from our customers, which has made forums such as the CAB and TrueConnect effective. We welcome our customers' feedback on key corporate initiatives such as our SaaS business and more comprehensive sales performance management services. Callidus Software continues to invest significant time and energy into these important customer programs."

After this event, Callidus Software's fifth Customer Advisory Board meeting will take place during the company's Callidus TrueConnection Conference 2008 (CTC), which will be held October 12-15 at the Westin Kierland Resort & Spa in Phoenix, Arizona.

About Callidus Software®

Callidus Software ( (NASDAQ: CALD) is the 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 1.8 million salespeople, brokers, and channel representatives have their sales performance managed by Callidus Software's products.

© 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, 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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