SOURCE: Callidus Software Inc.

Callidus Software Inc.

August 14, 2012 07:00 ET

Malaysia's TIME dotCom Selects CallidusCloud's CPQ and Sales Enablement Solutions to Increase Sales Success

CallidusCloud Expands Telecommunications Leadership With New Contract in Malaysia

PLEASANTON, CA--(Marketwire - Aug 14, 2012) - Callidus Software Inc. (NASDAQ: CALD), the leader in sales effectiveness and cloud computing, announced today that TIME dotCom Berhad (TIME), the second-largest but fastest growing fixed-line telecommunications network and solutions provider in Malaysia, selected CallidusCloud's Configure Price Quote (CPQ) and Sales Enablement Platform solutions to drive performance of its sales organization and channels. The agreement was signed in the third quarter of 2012.

"We are delighted to welcome TIME onto the CallidusCloud® platform," said Jimmy Duan, Senior Vice President, International Sales, CallidusCloud. "CPQ and Sales Enablement are extremely valuable to an organization with multiple sales teams and channels. TIME will derive much benefit from our considerable telecommunications experience and the fact that we are the only provider in the market able to offer this combination of solutions. Subscribing to these solutions from one single provider offers significant advantages over dealing with multiple disconnected offerings."

"Immense domestic and regional interest in our data, internet and voice products has placed incredible demands on our sales personnel," says Arjun Arasu, Chief Marketing Officer, TIME. "We are confident that CallidusCloud's solutions will speed up the delivery of complex solutions. Going forward, we expect to see a significant difference in customer satisfaction as we are able to build and deliver customized products much faster to meet each customer's requirements."

CallidusCloud's Sales Enablement Platform provides a social platform to enable all sales channels to make collaborating simple and to improve communications with customers. Sales no longer needs to waste time hunting down the right document, or looking for competitive information, all the documents and data are in one place, providing a single source of truth. Meanwhile, marketing concurrently gains insight into knowing what materials are being used in winning sales cycles.

CallidusCloud's CPQ solution provides a 100% multi-tenant, SaaS solution that simplifies and accelerates the selling of all types of products and services. Requiring only a browser, CPQ enables users to quickly configure, price, quote, propose, and sell. The solution specializes in boosting sales through faster, more accurate quotes, collaborative-based selling, and increasing profit margins across companies with simple product catalogs all the way to complex, multi-channel sales networks.

CPQ and the Sales Enablement Platform are delivered as part of CallidusCloud's sales and marketing suite, a SaaS suite designed to help businesses drive enterprise engagement, sales performance management and sales effectiveness throughout the sales cycle with award-winning, multi-tenant cloud software. CallidusCloud offers the following SaaS and mobile solutions: candidate assessment tests for hiring, video interviews, marketing automation, quotes and proposals, sales enablement, sales coaching, sales commission management, learning management and content authoring, underpinned by analytics and enterprise gamification.

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About TIME dotCom Berhad

Established in 1996, Malaysia-based TIME dotCom Bhd is its country's second-largest and fastest-growing fixed-line telecommunications network solutions provider. A 100% fibre-optic based firm, TIME delivers high-performance Internet, data and voice solutions that support data traffic flow between Indochina and Singapore to domestic and global customers in the region. In Asia-Pacific, TIME is the chosen provider with at least 70% of regional and global Services Providers in the region selecting its services. TIME is a listed company on the main board of Bursa Malaysia. Learn more at www.time.com.my

About Callidus Software
Callidus Software Inc. (NASDAQ: CALD) is the market and technology leader in sales effectiveness and cloud computing. Our customers gain a competitive advantage by maximizing sales cost efficiencies and driving improvements in sales effectiveness. CallidusCloud's 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 rely on our solutions to power their performance. For more information, please visit www.calliduscloud.com.

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