SOURCE: Callidus Software Inc.

Callidus Software Inc.

February 19, 2009 07:07 ET

Callidus Software Expands SaaS Footprint With Introduction of Objective Management and Quota Management

TrueMBO and TrueQuota Available at Promotional Price Until June 30, 2009

SAN JOSE, CA--(Marketwire - February 19, 2009) - Callidus Software Inc. (NASDAQ: CALD), the leader in Sales Performance Management (SPM), today launched its newest SaaS applications to address objective management (TrueMBO™) and quota management (TrueQuota™). The introduction further strengthens Callidus Software's leadership-role in the growing SPM market and expands Callidus Software's offerings for Pervasive Performance Management. Both products are built based on the latest Web 2.0 technologies and offered through Callidus On Demand. Promotional pricing for TrueMBO and TrueQuota is available until June 30, 2009.

"Managing employee performance across all functions of a company is essential to business success, especially as the economic climate remains uncertain," said Michael Dunne, research vice president at Gartner Inc. "Companies are increasingly focused on baselining and optimizing their workforces, and applying targets, quotas and rewards to a wider set of roles that represent key measures for influencing employee behaviors to support corporate strategies and objectives."

"We are excited to enhance our solution set with the addition of TrueMBO and TrueQuota," said Steve Apfelberg, senior vice president of marketing and business development at Callidus Software. "These new offerings extend our reach beyond sales performance management to pervasive performance management across an entire company. It is critical for businesses to manage all employees from a single system to ensure alignment with corporate objectives. Our pervasive performance management solutions provide tools to effectively motivate employees and eliminate complicated manual processes."

TrueMBO is an objective management solution that allows businesses to extend pay-for-performance to employees beyond the sales team and executives in an organization. The solution provides an integrated, complete solution to transform and streamline the employee performance management process from objective setting, distribution, review and acceptance to compensation processing. This workflow-based, self-service solution helps organizations build a collaborative, transparent and traceable process for performance management within days. It quickly improves employee motivation, accountability and performance. TrueMBO also includes enhanced analytics functionality to monitor and assess the effectiveness of various performance programs. TrueMBO works as a standalone solution or can be deployed in conjunction with the market leading Sales Performance Management solution, Callidus TrueComp® software.

TrueQuota is a quota management solution that enables sales and finance teams to streamline and accelerate the process of quota setting, distribution, review and approval. This workflow-based solution ensures quotas are allocated across the sales organization with full visibility, traceability and efficiency. With built-in analytics functionality, the solution enables organizations to align sales quota with corporate goals and objectives. TrueQuota can be deployed as a standalone solution and generate outputs for other compensation, CRM and ERP applications. It can also be fully integrated with Callidus TrueComp® Manager software module for end-to-end sales performance management.

To learn more about these solutions and the promotional pricing, please visit our website:

For more information on TrueMBO http://www.callidussoftware.com/products/truembo/

For more information on TrueQuota: http://www.callidussoftware.com/products/truequota/

About Callidus Software®

Callidus Software (www.callidussoftware.com) (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.

© 1998-2009 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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