SOURCE: Callidus Software Inc.

Callidus Software Inc.

March 13, 2012 07:00 ET

CallidusCloud Expands Patent Portfolio, Acquires Two New Patents

PLEASANTON, CA--(Marketwire - Mar 13, 2012) - Callidus Software Inc. (NASDAQ: CALD), the leader in sales effectiveness and cloud computing, announced today that it has acquired two new deep domain patents that cover technologies and processes critical to the CallidusCloud™ space.

"Innovation continues at CallidusCloud with the rapid expansion of our patent portfolio. With these two newly acquired patents, CallidusCloud now has more than 22 patents either issued, pending, provisionally filed, or in process. As we continue to grow and extend our success, building a robust IP portfolio is one of the core goals of the company. Ownership and protection of our innovations ensures that we will continue to provide award-winning solutions to our more than 1,200 subscription-based customers," said Leslie Stretch, President and CEO, CallidusCloud.

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About Callidus Software
Callidus Software Inc. (NASDAQ: CALD) delivers a comprehensive SaaS suite designed to help businesses drive more effective sales at each stage of the talent lifecycle, from making the right sales hire, to making it easier to sell, to motivating sales execution with targeted incentives and rewards, to building a knowledge-based culture with high frequency coaching and development. The CallidusCloud platform is an award-winning, multi-tenant SaaS infrastructure that includes the Hiring Cloud, the Marketing Cloud, the Sales Effectiveness Cloud, the Learning Cloud, and a best-in-class SaaS Reporting & Analytics platform. For more information, please visit

©2012. Callidus Software Inc. All rights reserved. Callidus, Callidus Software, the Callidus Software logo, CallidusCloud, the CallidusCloud logo, TrueComp Manager, ActekSoft, ACom3, ForceLogix, Salesforce Assessments, iCentera, Webcom, Litmos, the Litmos logo, LeadFormix and Rapid Intake are trademarks, service marks, or registered trademarks of Callidus Software Inc. and its affiliates 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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