SOURCE: Callidus Software Inc.

Callidus Software Inc.

November 29, 2010 07:00 ET

New Business Win: MediaMind Selects Callidus Software to Drive Sales Performance Management

Leader in Digital Ad Campaign Management to Standardize on Callidus SaaS Solution for Growing Sales Performance Management Needs

PLEASANTON, CA--(Marketwire - November 29, 2010) - Callidus Software Inc. (NASDAQ: CALD), the leader in Sales Performance Management (SPM), announced today that MediaMind, a leader in digital advertising campaign management solutions, has selected the Callidus Sales Performance Management suite, the Monaco release, to drive the performance of its sales organization and channels worldwide. The agreement was signed in the fourth quarter of 2010.

MediaMind will deploy Callidus TrueComp® Manager and Reporting & Analytics modules on demand to manage the performance of its sales organization and partner channels worldwide.

The business win was orchestrated by Callidus reseller partner Advantech, a leading provider of technology solutions in Israel.

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 in over 140 countries.

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.

©1997-2010 Callidus Software Inc. All rights reserved. Callidus Software, the Callidus Software logo, and TrueComp Manager 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.

Contact Information