SOURCE: Callidus Software Inc.

Callidus Software Inc.

March 11, 2011 07:00 ET

Callidus' ActekSoft ACom3 Suite Optimizes Producer Compensation and Compliance at MVP Health Care

PLEASANTON, CA--(Marketwire - March 11, 2011) - Callidus Software Inc. (NASDAQ: CALD), the leader in Sales Performance Management (SPM), announced today that MVP Health Care has successfully implemented its ACom3 Commission and Incentive Compensation System and the ACom3 License and Compliance System. The solution was deployed in the first quarter of 2011.

"The ACom3 solution is critical to our efforts to ensure timely, accurate and well-documented payouts to our producer network," said David Buckley, IT Manager for Financial Applications at MVP Health Care. "The professionalism and dedication displayed by the ActekSoft team throughout the project was core to its success and we are already seeing return on our investment. We believe we have chosen the right partner, and are looking forward to continued success with ActekSoft."

MVP Health Care deployed the ACom3 product suite to manage incentives for external brokers and agencies, and internal sales professionals across all lines of business in the health care organization.

"This successful implementation is further validation of the tangible and immediate benefits that our customers are seeing with our solutions," said Farley Lavett, Vice President of Insurance at Callidus Software. "Health insurance providers need to effectively control the costs of their distribution channel, while ensuring their long-term loyalty and mindshare. The ACom3 solution helps our customers drive producer loyalty through targeted, timely incentive payments, while effectively managing costs with a consolidated, real-time view into producer performance. We're looking forward to supporting MVP Health Care as they continue to build on their selling success."

ActekSoft's ACom3 suite is an incentive compensation automation solution built to deliver extreme automation in integration, plan configuration, producer management, payout calculation, and communications. The solution is specifically tailored for business users, with focus on simplifying the complexity of managing dynamic incentive programs to drive the performance of sales executives and the sales force across multiple channels and regions. The result of this focus is a highly user configurable system supporting rapid deployment, ease of use, and reduced operational complexity.

About MVP Health Care
Founded in 1983, MVP Health Care is a regional, not-for-profit health insurer based in Schenectady, N.Y. Through its operating subsidiaries, it provides fully insured and self-funded employer health benefits plans, dental insurance, and ancillary products, such as flexible-spending accounts, to 750,000 subscribers in New York State, Vermont and New Hampshire. For more information, visit: www.mvphealthcare.com.

About ActekSoft
ActekSoft delivers commission and incentive compensation software solutions to automate the process of calculating and managing complex commission, incentive and bonus pay arrangements. Founded in 1999, with a focus on developing J2EE software products for the healthcare payer market, ActekSoft's products are now used in all segments of the insurance and financial services industries. Our focus is the delivery of highly user-configurable software capable of delivering power to non-technical users, ensuring our products provide both tactical and strategic benefits, along with quantifiable return-on-investment (ROI). ActekSoft is a Callidus Software Inc. (NASDAQ: CALD) company, headquartered in Birmingham, Alabama.

About Callidus Software®
Callidus Software (NASDAQ: CALD) is the market and technology leader in Sales Performance Management (SPM). Callidus customers gain a competitive advantage by maximizing sales cost efficiencies and driving improvements in sales effectiveness. Our award-winning Software-as-a-Service (SaaS) applications set the standard for performance management of a company's sales force and channel partners. Over 2 million employees and channel partners have their performance managed by Callidus Software. For more information, please visit www.callidussoftware.com.

©1997-2011 Callidus Software Inc. All rights reserved. Callidus Software, the Callidus Software logo, TrueComp Manager, ActekSoft and ACom3 are trademarks, service marks, 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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