SOURCE: Callidus Software Inc.

Callidus Software Inc.

October 10, 2011 07:00 ET

Medtronic Selects Callidus' Monaco On Demand Solution to Drive Sales Performance Management

Leader in Medical Technology to Leverage Callidus' Monaco SaaS Suite for Sales Performance Management

PLEASANTON, CA--(Marketwire - Oct 10, 2011) - Callidus Software Inc. (NASDAQ: CALD), the leader in Sales Performance Management (SPM), announced today that Medtronic Sofamor Danek USA, Inc., a global leader in medical technology, has selected the Callidus Monaco On Demand SPM suite to drive the performance of its sales organization nationwide. The agreement was signed in the third quarter of 2011.

Medtronic Sofamor Danek USA, Inc. will implement the following SaaS modules: TrueComp® Manager, Quota Management, and Reporting & Analytics.

Callidus Software's Monaco SPM suite is part of the Callidus Cloud.

Callidus' Cloud is a comprehensive SaaS suite designed to help businesses drive more effective selling at each stage of the sales talent lifecycle, from improved sales hiring -- the foundation of strong sales performance -- to improved campaign execution, to high frequency coaching and development. The Callidus Cloud suite includes Callidus' 100% multi-tenant, high-availability SaaS infrastructure; its Sales Selection, Sales Effectiveness, Sales Performance, and Learning modules; SPMConnect for data management; and Reporting & Analytics. Callidus Software powers more than 2.5 million users across the globe.

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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 multi-tenant SaaS applications set the standard for performance management of a company's sales force and channel partners. Over 2.5 million users have their performance managed by Callidus Software. For more information, please visit www.callidussoftware.com.

©1997-2011 Callidus Software Inc. All rights reserved. Callidus Software, the Callidus Software logo, TrueComp® Manager, ActekSoft and ACom3 are trademarks, service marks, or registered trademarks of Callidus Software Inc. 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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