SOURCE: Callidus Software Inc.

November 26, 2007 07:07 ET

Callidus Software's TrueConnection Sales Performance Management Conference 2007 a Triumphant Success

SPM Leader Announces a Number of Significant Product Upgrades at Seventh Annual Conference, Which Draws Record Attendance

SAN DIEGO, CA--(Marketwire - November 26, 2007) - Callidus Software Inc. (NASDAQ: CALD), the leader in Sales Performance Management (SPM), today announced record-breaking attendance following its seventh annual TrueConnection® Conference 2007 (CTC). Nearly 500 customers, analysts, partners and prospects attended the three-day event. CTC is recognized as the largest, premier venue for showcasing the latest cutting-edge SPM and Incentive Compensation Management (ICM) products, solutions and best practices available in the industry today. This year's conference attracted leading executives and professionals from a wide range of industries, including insurance, banking, telecommunications, high-tech, pharmaceuticals and retail. Attendees saw the conference as a prime opportunity to share information with their peers and discuss ways for unlocking the most effective practices for driving revenue and accelerating ROI in today's highly competitive world of business.

The event provided participants with a primary resource for learning proven methods for optimizing the effectiveness of sales performance. Attendees of the conference also gained insight into the significant improvements to Callidus' evolving suite of software solutions, including new 5.2 version upgrades for its TrueComp® Manager, TrueProducer™ and Callidus TrueAnalytic s™ software modules, which will be made available in the fourth quarter of 2007. The new product announcements at CTC further solidify Callidus' considerable standing and recognized leadership in a rapidly growing industry. Its suite of software products provides the world's leading companies with an optimum toolset for driving revenue and accelerating shareholder value.

"This year's conference was a huge success. We clearly achieved our goal of providing every attendee with additional strategic tools for helping them best align sales and incentives with overall objectives," said Leslie Stretch, president and CEO at Callidus Software. "Our everyday mission is to help companies drive revenue and profitability via the software solutions that we develop. Conferences like this help promote and address such issues, and we want to thank all of the attendees and participants of CTC for being a part of such an exciting event."

This year's conference included a strong lineup of speakers that targeted tactics and execution of SPM strategies designed to help companies realize the goal of attaining the best possible sales performance. From famous keynote speakers, to well-known industry analysts, experts for sales, finance and compensation executives from the world's foremost companies, Callidus CTC 2007 proved to be the ultimate progressive forum for discussing the most pressing topics of sales performance management and incentive compensation. This year's event featured more than 50 breakout sessions devoted to best practices in sales performance. The conference featured state-of-the-art technology and industry-specific case studies addressing the needs of a broad range of markets. CTC provided an exclusive perspective on the impact SPM has when used as a strategic and competitive advantage. Attendees examined how to best fast-forward their company's incentive compensation system, accelerate responsiveness to changing market demands, and set optimal quotas and territories.

In addition, CTC 2007 underscored the company's strengthened momentum in its global business and alliance partnerships with formal presentations from Accenture, CIS Corporate, Compensation Technologies, Iconixx Corporation, salesforce.com, SAP, Sun and TerrAlign. Callidus' global alliance partnerships include some of the world's leading strategy consulting, systems integrators and software solutions providers -- which all play an instrumental role in helping to strengthen Callidus' market position. YAYciao

About Callidus Software®

Callidus Software (www.callidussoftware.com) (NASDAQ: CALD) is a 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.

© 1998-2007 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.

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