SOURCE: Callidus Software Inc.

October 21, 2008 07:07 ET

Callidus Software's TrueConnection Sales Performance Management Conference 2008 Sets Direction for Industry

Industry Experts Give Exclusive Insight on Future of Pervasive Performance Management and Best Practices

SAN JOSE, CA--(Marketwire - October 21, 2008) - Callidus Software Inc. (NASDAQ: CALD), the leader in Sales Performance Management (SPM), today announced it successfully concluded its eighth annual Callidus TrueConnection® (CTC) Sales Performance Management Conference. The event is known as the industry's bellwether for the future direction of incentive and sales performance management. Sales performance experts from the leading companies in verticals including telecommunications, pharmaceuticals, technology, and financial services shared best practices. Attendees learned from industry experts and luminaries about Pervasive Performance Management (PPM) and how to align their entire business with corporate objectives. Industry analysts, customers and partners convened the CTC conference at the Westin Kierland Resort & Spa in Scottsdale, Arizona from October 12-14.

Attendees chose from over 40 different breakout sessions and learned from industry experts the proven methods of sales performance management and pay-for-performance throughout the enterprise. CTC also offered an exclusive first look at Callidus Software's latest innovative product offerings that align entire business objectives as well as enhance the customer experience through expansive service offerings and support.

"The conference was an incredible success," said Leslie Stretch, president and CEO at Callidus Software. "Every year we strive to provide each participant with enhanced knowledge about effective sales and incentive programs that can drive increased revenue and profitability. I believe we have achieved this goal by giving our attendees the opportunity to learn from SPM experts and peers and by presenting the tools and resources necessary to improve overall company strategy."

New Offerings

Participants were provided a first look at Callidus Software's innovative solutions including the first and only multi-tenant Pervasive Performance Suite and the Sales Operations Center of Excellence Suite. Both offerings were unveiled at the conference. As the only provider of a complete PPM suite, Callidus Software now offers the first performance management solution that extends across the entire business on a pure multi-tenant Software-as-a-Service platform. This enhanced on-demand solution is cost effective, provides fast deployment and offers beneficial features such as real-time reporting and objectives management.

With the Sales Operations Center of Excellence Suite, Callidus Software further enhances the SPM experience for its customers. The suite provides specialized services to assist clients with incentive compensation, quota setting, and territory alignment strategies. Customers can take full advantage of Callidus Software's SPM expertise by working with representatives to improve overall alignment when working with its market leading solutions.

Conference Highlights

CTC featured widely known keynote speakers who discussed topics including aligning departments to influence employee performance, SPM best practices and simplifying compensation plans.

CTC concluded with the fifth meeting of the Customer Advisory Board (CAB), representing nine Callidus customers, including Embarq and Novell, as well as Callidus executives and decision-makers. The CAB members gathered to discuss and give feedback on products and services so Callidus Software can continue to enhance its offerings based on concrete customer feedback.

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.

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