Callidus Monaco Suite Ups Ante for SPM Applications

SAN JOSE, CA, Apr 29 (MARKET WIRE) --
Callidus Software Inc. (NASDAQ: CALD), the leader in Sales Performance
Management (SPM), today launched the Callidus Monaco Suite: a robust,
SaaS offering that delivers the most modern-looking and rich user
interface experience available in the sales performance management
marketplace today. The Callidus Monaco Suite is the only unified SPM
software solution that provides complete alignment of the entire business
with corporate objectives to optimize performance, streamline
profitability and deliver a rapid ROI. The innovative offering reinforces
Callidus' lead role in the development of ground-breaking solutions that
set the pace in the booming SPM arena, while further expanding its
Pervasive Performance Management portfolio.

"Callidus unveiled a beautiful new user interface today. It's clean and
succinct but powerful with many layers of detail," said Denis Pombriant,
founder and managing principal at Beagle Research. "Users should be
delighted with this new capability to get at sales compensation data
quickly from a single screen."

The Monaco Suite is Callidus Software's market-leading, multi-tenant SPM
offering and is available through Callidus On-Demand. The web-based
solution streamlines:

-- Objective Management

-- Quota Management

-- Reporting and Analytics

-- Compensation Calculation

-- Embedded Workflow

-- Plan Distribution

"Issues around system usability and accessibility to essential data are
increasingly being raised by companies pursuing SPM product evaluations
and upgrades," says Michael Dunne, research vice president at Gartner.
"They are interested in helping business users become more self-reliant
in taking advantage of application features to promote individual
productivity and decrease requirements for training and IT support.
Embracing interface design principles popularized by consumer Web sites
is viewed as one avenue for accomplishing this, even with relatively
sophisticated functions, like defining, managing, and updating plans, or
delivering dashboards and reports that materially increase visibility
into performance and cost trends."

The Monaco Suite delivers all the power of a desktop application via a
browser. It is easy to use and encompasses full, interactive web standards
plus state-of-the-art Adobe Flash technology.

"The Monaco release is a major achievement for Callidus Software and its
customers. It combines high performance, industry-leading functionality
and usability," says Leslie Stretch, president and CEO at Callidus
Software. "Callidus Monaco leapfrogs all of our competitors and addresses
the needs of all key market segments. The software extends our product
leadership, is simple to use and implement and easy to acquire."

With the added element of self-service capabilities, Monaco empowers the
non-administrative user to make sound business decisions and adapt the
solution to their specific needs. The suite's global homepage provides
striking, interactive analytical dashboards, a universal work queue and
self-guided information that is most relevant to the desired actions,
including the ability to:

-- Establish and distribute objectives throughout organizations

-- Set and distribute quota targets

-- Distribute and approve compensation plans

The Monaco Suite is the most revolutionary SPM offering ever developed by
Callidus. It provides the user with an end-to-end application for
improving sales and employee effectiveness through the alignment of each
individual's objectives with corporate strategy. It combines proven SPM
functionality that today powers the performance of more than 1.9 million
sales people with goal and objective management functionality designed
for the rest of the business. Until now, organizations were forced to use
different systems across the enterprise for everything from appraisals
and bonuses to sales force compensation, which made the task of
coordinating corporate strategies complex. With the Callidus Monaco
Suite, the ability to coordinate and set effective incentive programs
across an entire business is seamless, thus generating quick ROI and
driving revenue.

About Callidus Software(R)

Callidus Software (www.callidussoftware.com) (NASDAQ: CALD) is the market
and technology leader in Sales Performance Management (SPM).
Performance-based compensation is one of the largest investments for all
companies. Callidus' customers gain a competitive advantage by maximizing
the return on this strategic asset. Our award-winning
Software-as-a-Service (SaaS) applications set the standard for pervasive
performance management across the enterprise. Over 1.9 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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