Callidus Software Named Among Top 100 Global Providers of Financial Technology

Sales Performance Management Leader's Spot on Prestigious FinTech 100 Ranking Underscores Continued Growth and Innovative Roadmap

Market Wire

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SAN JOSE, CA -- (Marketwire) -- 11/02/09 -- 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®

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.

© 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

MARKET WIRE

2009-11-02 07:07:33