Callidus Software Monaco On Demand Suite Selected as 2011 CODiE™ Awards Finalist

Callidus Sales Performance Management Solution Recognized as one of Software Industry’s Finest Products

PLEASANTON, CALIF. - Callidus Software Inc. (NASDAQ: CALD), the leader in Sales Performance Management (SPM), announced today that the Callidus Monaco On Demand suite has been selected as a finalist for the prestigious CODiE Awards in the “Best Cloud Infrastructure Application” category. Established by the Software & Information Industry Association (SIIA), the CODiEs recognize excellence and achievement in the business software, digital content, and education technology industries.

“For more than 25 years, the CODiE Awards have shone a spotlight on the companies and products that are revolutionizing software, education technology and digital content,” said Ken Wasch, President of SIIA. “What sets this program apart from all others is that the winners are selected by those who really know their stuff – whether they’re tech executives, industry analysts, or journalists. SIIA recruits leading software, digital content and education people to put each nominated product through an intensive review process. Callidus and all companies that survive the process and become a finalist can say unequivocally that they are producing one of the finest, most innovative products on the market.”

“I am delighted to receive this recognition in our cloud-based solutions through the CODiE Awards program,” said Lorna Heynike, Senior Vice President, Marketing, Callidus Software, commenting on the announcement. “Callidus’ listing in this category further validates the strength of our on-going product innovation in our SaaS solution suite. Callidus On Demand leads the SPM market with its combination of ease of use, out-of-the-box best practices, and class-leading functionality, delivering an unmatched customer experience over the cloud. This recognition, based on the CODiE Awards intensive peer review, confirms that Callidus is well positioned to meet the needs of any company that requires a reliable, scalable cloud SPM platform.”

Callidus’ Monaco On Demand Suite delivers a 100% multi-tenant, SaaS solution that helps companies manage the talent lifecycle of the sales professional to maximize their sales effectiveness. The solution:

* Supports sales talent assessments and coaching to optimize sales organization goal attainment
* Enables deployment of targeted incentives, key sales objectives (KSOs), bonuses, and non-cash rewards across the distributed sales network to control and drive selling behavior
* Consolidates all sales results data in a single platform with real time web and mobile access to deliver superior visibility into operations and financial performance

The top sales forces in the world rely on Callidus’ solutions including 6 of the top 10 insurance organizations, 4 out of the top 10 banks, 7 out of the top 10 global high tech companies, 5 out of the top 10 telecommunications companies, and 5 out of the top 10 pharmaceutical companies.

Being selected as a finalist is a unique and important distinction, as the CODiEs are the industry’s only peer-reviewed awards program. SIIA members will now review finalists and vote for a winner in each category. CODiE Award Winners will be announced in May. For more information and a complete list of categories and finalists, please visit www.siia.net/codies/2011.

Callidus Software’s award-winning solutions manage the entire sales talent lifecycle from onboarding, to incentives and rewards, to coaching and performance optimization, while providing visibility into operations and financial performance. This gives customers the ability to align their sales force and channels with their key business objectives to consistently and reliably execute on sales targets. 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 manages over $50 billion in incentives and compensation for more than two million payees across the globe.
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.