SOURCE: Callidus Software Inc.

Callidus Software Inc.

August 23, 2011 07:00 ET

Callidus Software to Showcase Monaco Summer 2011 SaaS Suite at the Spotlight on Sales Compensation Conference

PLEASANTON, CA--(Marketwire - Aug 23, 2011) - Callidus Software Inc. (NASDAQ: CALD), the leader in Sales Performance Management (SPM), announced today that it will showcase its recently launched Summer 2011 release of its Monaco SaaS suite at the 2011 Spotlight on Sales Compensation conference. The conference will be held August 24 - 26 at the Westin Chicago. This annual three-day event, organized by WorldatWork®, brings together thought leaders and sales compensation professionals from around the nation to share insights on the challenges they face and their vision for the future.

"We are looking forward to showcasing our award-winning Callidus Cloud suite at this conference dedicated to finding innovative solutions to motivating and retaining top performing sales talent," said Lorna Heynike, Senior Vice President, Marketing, Callidus Software. "Callidus' new Monaco Summer 2011 release delivers actionable sales performance: a single integrated SaaS solution that lets business users rapidly simulate, analyze, and execute on their sales compensation strategies. Because the solution delivers an innovative new platform for integrated compensation modeling, analytics, and operations, attendees can learn how to close the loop between financial plans and operational execution so they can effectively implement their sales strategies with confidence."

Callidus Software's Cloud is a comprehensive SaaS suite designed to help businesses drive more effective selling at each stage of the sales talent lifecycle, from improved sales hiring -- the foundation of strong sales performance -- to improved campaign execution, to high frequency coaching and development. The Callidus Cloud suite includes Callidus' 100% multi-tenant, high-availability SaaS infrastructure; its Sales Selection, Sales Effectiveness, Sales Performance, and Learning modules; SPMConnect for data management; and Reporting & Analytics. Callidus Software powers more than 2.5 million users across the globe.

For more information on the Monaco Summer release, see:
http://www.callidussoftware.com/products/Monaco/Summer2011/.

For more information on the event, see: http://www.worldatwork.org/waw/salescompspotlight/html/index.jsp.

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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 multi-tenant SaaS applications set the standard for performance management of a company's sales force and channel partners. Over 2.5 million users have their performance managed by Callidus Software. For more information, please visit www.callidussoftware.com.

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