SOURCE: Callidus Software Inc.

Callidus Software Inc.

April 04, 2011 12:00 ET

Callidus Software Sponsors Annual Asian Banker Summit 2011

Callidus Continues to Drive Sales Performance Adoption in Asia Pacific

PLEASANTON, CA--(Marketwire - April 4, 2011) - Callidus Software Inc. (NASDAQ: CALD), the leader in Sales Performance Management (SPM), announced today that it is a sponsor at the 12th Annual Asian Banker Summit. The event will be held April 6-8, 2011 at the JW Marriot in Hong Kong. This Summit, now in its 12th year, is the largest meeting of decision makers and senior professionals in the financial services industry in the region.

"This Summit will feature a robust discussion on the latest trends in this industry, and driving business success through the optimization of sales performance will have a prominent place in these deliberations," said Arun Mambully, Associate Director at The Asian Banker. "With its domain expertise and experience working with global financial services companies, Callidus is well-placed to contribute to the exchange of ideas. We welcome Callidus as a sponsor at the Summit and look forward to a sustained partnership."

At the event, Callidus will showcase the latest version of its Sales Performance Management suite to demonstrate how commercial banking and investment banking businesses can drive alignment across sales and service channels to help consistently execute on key corporate growth and customer loyalty targets.

Callidus will be located at booth #B4.

"The Asian Banker Summit is a great forum for leaders in the financial services industry to deliberate on the significant opportunities in this fast-growing region," said Jimmy Duan, Senior Vice President, Asia Pacific and Latin America, Callidus Software. "It is mission critical for companies to align the sales force and all customer-facing channels with key corporate objectives. Callidus' solutions have enabled the world's leading financial institutions to harness the power of incentives to drive their sales performance and we look forward to engaging with the companies in this region to help them deliver on their growth targets."

For more information about the Asian Banker Summit 2011, click here.

For more information on Callidus solutions for the financial services industry, see: Callidus Solutions for Solving the Unique Challenges in Financial Services. 4 of the top 10 banks and 6 of the top 10 insurance companies in the world rely on Callidus solutions for their sales performance needs.

Callidus Software's award-winning solutions manage the entire sales talent lifecycle from onboarding, to incentives and rewards, to coaching and performance optimization, while providing visibility into operations and financial performance. This gives customers the ability to align their sales force and channels with their key business objectives to consistently and reliably execute on sales targets. The software is used by leading companies in a broad range of verticals including high-tech, telecommunications, banking, insurance, and pharmaceuticals. Since its inception nearly 15 years ago, the company has evolved into the most experienced, proven, and reliable SPM vendor in the marketplace. Callidus Software manages over $50 billion in incentives and compensation for more than two million payees across the globe.

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

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