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Silicon Valley / San Jose Business Journal Names Callidus Software Among Top 5 Silicon Valley Companies Reporting Largest Revenue Increase in 2006

Posted on: Friday, 15 June 2007, 09:18 CDT

Callidus Software Inc. (NASDAQ: CALD), the leader in Sales Performance Management (SPM), today announced that the company has been named one of the top five software companies reporting the largest revenue jump in the fiscal year ended December 31, 2006 by the Silicon Valley / San Jose Business Journal. The publication also included Callidus in its list of Top 25 Software Developers with the biggest revenues.

Callidus Software's industry-leading SPM solutions align sales with corporate objectives to drive revenue and increase shareholder value. Callidus solutions are used by more than 1.5 million salespeople, brokers and channel representatives, and by more Fortune 1000 companies than those from any other sales performance management or incentive compensation management vendor.

Callidus offers on-demand or licensed software, and a strong professional services group with deep vertical market compensation management expertise. Callidus helps its customers to automate and bulletproof global sales program management. The solutions optimize pricing, quota and territory management and facilitate accurate payment of commissions across a global sales force, external partners, distributors and retail outlets.

About Callidus Software(R)

Callidus Software (www.callidussoftware.com) (NASDAQ: CALD) is a leading provider of on-premise and on-demand Sales Performance Management (SPM) solutions to global companies across multiple industries. Callidus' products allow enterprises to strategically manage incentive compensation, establish quota targets, and align territories, resulting in improved sales and distribution performance. Customers/Partners include 7-Eleven, Accenture, CUNA Mutual, HP, IBM, Philips Medical Systems, Sun Microsystems and Wachovia.

Copyright 2007 Callidus Software Inc. All rights reserved. Callidus Software, the Callidus Software logo, Callidus TrueAnalytics, TrueChannel, TrueComp, TrueComp Datamart, TrueComp Grid, TrueComp Manager, TrueFoundation, TrueInformation, TrueIntegration, TruePerformance, TrueProducer, TrueQuota, TrueReferral, TrueResolution, TrueService and TrueSupport are 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.

SOURCE: Callidus Software Inc.

Source: MARKET WIRE

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