SOURCE: Callidus Software Inc.

Callidus Software Inc.

March 23, 2011 07:00 ET

New Business Win: iSymmetry Selects Callidus Coaching Solution to Drive Sales Force Optimization

PLEASANTON, CA--(Marketwire - March 23, 2011) - Callidus Software Inc. (NASDAQ: CALD), the leader in Sales Performance Management (SPM), announced today that iSymmetry, a leader in on demand consulting and recruiting services, has selected the Callidus Coaching on demand solution to manage the coaching and talent development needs of its sales organization in North America. The agreement was signed in the first quarter of 2011.

The announcement follows recent news of Callidus' new customer wins with the Coaching module following last month's acquisition of ForceLogix Inc. For more information, see the ForceLogix acquisition announcement at Callidus' News and Events center.

The Callidus Coaching solution helps organizations optimize and increase the effectiveness of their sales force and call centers. The flexible and open platform enables businesses to rank sales professionals and agents based on different key performance indicators (KPIs) from multiple data stores across the enterprise. Using the rankings, managers can then easily identify the core activities and behaviors that drive top performance on specific KPIs with embedded visualization technology. They can then use these profiles to implement the right training and development processes across their sales channels -- building a concrete roadmap for their new hires and existing employees to replicate the performance of their stars.

Callidus Software's award-winning solutions manage the entire sales talent lifecycle from onboarding, to incentives and rewards, to coaching and performance optimization, while providing visibility into operations and financial performance. This gives customers the ability to align their sales force and channels with their key business objectives to consistently and reliably execute on sales targets. The software is used by leading companies in a broad range of verticals including high-tech, telecommunications, banking, insurance, and pharmaceuticals. Since its inception nearly 15 years ago, the company has evolved into the most experienced, proven, and reliable SPM vendor in the marketplace. Callidus Software manages over $50 billion in incentives and compensation for more than two million payees across the globe.

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 million employees and channel partners have their performance managed by Callidus Software. For more information, please visit www.callidussoftware.com.

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