SOURCE: Callidus Software Inc.

Callidus Software Inc.

October 21, 2010 07:00 ET

New Business Win: MVP Health Care Selects ActekSoft's ACom3 Solution

PLEASANTON, CA--(Marketwire - October 21, 2010) -  Callidus Software Inc. (NASDAQ: CALD), the leader in Sales Performance Management (SPM), continues to demonstrate strong business momentum in the health care products and services industry by announcing today that MVP Health Care, a leading not-for-profit health insurer, has selected ActekSoft, a Callidus Software company, for its ACom3 Commission and Incentive Compensation System and ACom3 License and Compliance System. The agreement was signed in the third quarter of 2010.

"We selected ActekSoft and ACom3 based on their commitment to customers and implementation methodology," said David Buckley, IT Manager for Financial Applications at MVP Health Care. "The ACom3 product offers full-featured functionality and flexibility which will enhance our brokers' experience and access to critical data."

MVP Health Care will use the ACom3 product suite to support incentive payments to both external and internal distribution channels, and will be used for all lines of business. MVP and ActekSoft will also integrate the ACom3 Producer Portal with MVP's current producer portal functionality to support web-based delivery of commission statements, dashboards, reporting, and producer communications.

ActekSoft's ACom3 suite is an incentive compensation automation solution built to deliver extreme automation in integration, plan configuration, producer management, payout calculation, and communications. The solution is specifically tailored for business users, with focus on simplifying the complexity of managing dynamic incentive programs to drive the performance of sales executives and the sales force across multiple channels and regions. The result of this focus is a highly user configurable system supporting rapid deployment, ease of use, and reduced operational complexity.

About ActekSoft
ActekSoft delivers commission and incentive compensation software solutions to automate the process of calculating and managing complex commission, incentive and bonus pay arrangements. Founded in 1999, with a focus on developing J2EE software products for the healthcare payer market, ActekSoft's products are now used in all segments of the insurance and financial services industries. Our focus is the delivery of highly user-configurable software capable of delivering power to non-technical users, ensuring our products provide both tactical and strategic benefits, along with quantifiable return-on-investment (ROI). ActekSoft is a Callidus Software Inc. (NASDAQ: CALD) company.

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

About MVP Health Care
Founded in 1983, MVP Health Care is a regional, not-for-profit health insurer based in Schenectady, N.Y. Through its operating subsidiaries, it provides fully insured and self-funded employer health benefits plans, dental insurance, and ancillary products, such as flexible-spending accounts, to 750,000 subscribers in New York State, Vermont and New Hampshire. For more information, visit:

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