SOURCE: Callidus Software Inc.

Callidus Software Inc.

August 08, 2011 07:00 ET

New Business Win: American International Assurance Company Limited Selects Callidus Software

Leader in Insurance to Leverage Callidus Channel and Compensation Management Solutions

PLEASANTON, CA--(Marketwire - Aug 8, 2011) - Callidus Software Inc. (NASDAQ: CALD), the leader in Sales Performance Management (SPM), announced today that American International Assurance Company Limited, a leader in the Asia Pacific insurance industry, has selected the Callidus Channel and Compensation Management Solutions. The agreement was signed in the third quarter of 2011.

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

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