Callidus Software Named Among Top 100 Global Providers of Financial Technology

* Reuters is not responsible for the content in this press release.

Mon Nov 2, 2009 7:07am EST

  SAN JOSE, CA, Nov 02 (MARKET WIRE) -- 
Callidus Software Inc. (NASDAQ: CALD), the leader in Sales Performance
Management (SPM), today announced its ranking on the FinTech 100, an
annual international listing of the world's leading vertical technology
vendors that derive more than one third of their revenue from this
industry as named by American Banker, Bank Technology News and IDC
Financial Insights.

    "It is an honor to be again ranked in the FinTech 100," said Lorna
Heynike, senior vice president of marketing at Callidus Software. "Sales
Performance Management is critical in the Financial Services industry.
This independent industry recognition highlights our continued strong
presence in the global financial services market while further confirming
our leadership role in sales performance management."

    With the inclusion in this benchmark ranking, Callidus Software joins a
select group of elite vendors that stand out among the thousands of
financial technology companies around the world.

    Callidus Software ranked 93 on the list of financial technology companies
that were judged based on their global revenues -- which further attests
to the company's industry significance leadership and overall financial
strength. Callidus' expertise in the financial services industry coupled
with its strategic partnerships continues to help drive its growing
customer base.

    The Callidus SPM Suite provides an end-to-end performance management
platform. It enables businesses to optimize the entire sales lifecycle
from sales on-boarding, to plan deployment and payment. This helps
deliver a high ROI in a very short period of time. The company's solutions
give actionable insight into sales execution and channel operations and
provide the tools to fine-tune sales performance.

    For more news on sales performance management, follow Callidus on
LinkedIn, Facebook and Twitter.

    About Callidus Software(R)

    Callidus Software (www.callidussoftware.com) (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 execution. Our
award-winning Software-as-a-Service (SaaS) applications set the standard
for performance management across the sales force. Over 2 million
employees and channel partners have their performance managed by Callidus
Software.

    Copyright 1998-2009 Callidus Software Inc. All rights reserved. Callidus
Software, the Callidus Software logo, Callidus TrueAnalytics, TrueComp,
TrueComp Grid, TrueComp Manager, TrueConnection, TrueFoundation,
TrueInformation, TruePerformance, TruePerformance Index, TruePerformance
Indicator, TrueMBO, TrueAllocation, TrueProducer, TrueQuota, TrueReferral,
TrueResolution, TrueTarget and TrueService+ are trademarks, servicemarks,
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.

    

Press Contact:
Jock Breitwieser
Callidus Software Inc.
(408) 975-6683
pr@callidussoftware.com

Copyright 2009, Market Wire, All rights reserved.

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