SOURCE: Callidus Software Inc.

Callidus Software Inc.

August 03, 2011 07:00 ET

New Business Win: Southwestern Company Selects Callidus Monaco On Demand Sales Performance Management Suite

Leader in Direct Sales to Leverage Callidus' Class-Leading Solutions to Optimize Sales Effectiveness

PLEASANTON, CA--(Marketwire - Aug 3, 2011) - Callidus Software Inc. (NASDAQ: CALD), the leader in Sales Performance Management (SPM), announced today that Southwestern Company, the oldest direct selling company in the USA built by, led by, and owned primarily by graduates of their internship program, has selected the Callidus Monaco On Demand SPM suite to drive the performance of its sales organization in North America. The agreement was signed in the third quarter of 2011.

Southwestern Company will deploy Callidus' TrueComp® Manager, Sales Communications, and Reporting & Analytics solutions to deploy pay-for-performance incentive programs and drive consistent sales growth.

Callidus Software's award-winning solutions manage the entire sales talent lifecycle from onboarding, to incentives and rewards, to coaching and learning, while providing visibility into operations and financial performance. 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 powers more than two million users across the globe.

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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.