SOURCE: Callidus Software Inc.

Callidus Software Inc.

May 12, 2011 07:00 ET

New Business Win: Saint Mary's Health Plans Selects Callidus Software to Drive Sales Channel Performance

PLEASANTON, CA--(Marketwire - May 12, 2011) - Callidus Software Inc. (NASDAQ: CALD), the leader in Sales Performance Management (SPM), announced today that Saint Mary's Health Plans, a Nevada based health insurer, has selected Callidus Software's ActekSoft ACom3 Commission and Incentive Compensation System. The agreement was signed in the first quarter of 2011.

Saint Mary's Health Plans will use the ACom3 Commission and Incentive Compensation System to manage incentive payments and reporting for its internal and external sales channels. This includes leveraging the use of the ACom3 Producer Portal to support web-based delivery of reports, dashboards, and statements to internal and external producers on their performance to date.

"The decision to implement the ACom3 system was made based on our need to quickly design and deploy targeted commission and bonus plans that ultimately drive sales," said Glen Padula, Vice President of Sales and Marketing for Saint Mary's Health Plans. "By effectively managing our administration costs we anticipate a significant return on our investment."

The ActekSoft ACom3 suite is an incentive compensation automation solution designed for health insurance businesses. The solution is 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 Saint Mary's Health Plans
Saint Mary's Health Plans (SMHP) has been serving Nevada residents with a broad range of health care plans and ancillary products for 20 years. Initially established as a Health Maintenance Organization (HMO) affiliated with Saint Mary's Regional Medical Center in 1993, SMHP now consists of HealthFirst, the HMO; Point-of-Service health plans; Saint Mary's Preferred Health Insurance Company, which provides PPO health plans; and CDS Group Health, a third-party administrator. Additionally, SMHP owns the Preferred Health Care Network (PHCN) provider network. SMHP is a proud member company of Catholic Healthcare West (CHW), the eighth largest hospital system in the nation. For more information, visit www.saintmaryshealthplans.com or call 1-888-840-9080.

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, headquartered in Birmingham, Alabama.

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.

©1997-2011 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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