Callidus Software Accepts Company of the Year Award at the 8th Annual International Stevie Business Awards in Abu Dhabi

PLEASANTON, Calif. — Callidus Software Inc. (NASDAQ: CALD), the leader in Sales Performance Management (SPM), announced today that Lorna Heynike, Senior Vice President of Marketing, accepted Callidus Software’s Company of the Year Award at the 8th Annual International Stevie Business awards, Tuesday October 11, in Abu Dhabi. Announced in August 2011, Callidus Software was named the winner in the “Company of the Year - Computer Software” category. Callidus’ Monaco SaaS suite was named a Distinguished Honoree in the “Best New Product or Service of the Year - Computer Software - New Version” category.

“We are honored that Callidus has been recognized as the world’s best company in software this year,” said Lorna Heynike, Vice President, Marketing, Callidus Software. “Callidus is passionate about building innovative SaaS solutions that drive our customers’ sales success. We continue to redefine the market and exploit new technologies to find new ways to deliver a decisive advantage to our customers. This award is a global recognition of our efforts to provide a worldwide leading brand in SaaS software – delivering innovative, high-quality solutions, top-notch customer support, and industry leading educational services that continue to evolve to meet our customers’ needs.”

Lorna Heynike, along with honorees from across the globe, attended the Celebration Awards Presentations & Gala Dinner at the Emirates Palace in Abu Dhabi. More than 400 executives from over 30 nations attended the ceremony, making this the largest International Business Awards ceremony to date.

“The International Business Awards are the preeminent indicator of achievement in the global business community,” said Michael Gallagher, president of The Stevie Awards. “Each year we celebrate the achievements of individuals and organizations who are making a positive difference for their customers, their shareholders, their employees, and their communities.”

This year’s banquet benefited Camfed, which fights poverty and HIV/AIDS in Africa by educating girls and women to become leaders of change. Learn more at camfed.org.

Complete lists of honorees and other details are available at www.stevieawards.com/iba.

Callidus Software’s Cloud is a comprehensive SaaS suite designed to help businesses drive more effective selling from improved sales hiring – the foundation of strong sales performance – to improved deal execution, to high frequency coaching and development. The Callidus Cloud suite includes Callidus’ 100% multi-tenant, high-availability SaaS infrastructure; its Sales Selection, Sales Effectiveness, Sales Performance, and Learning modules; SPMConnect for data management; and Reporting & Analytics. Callidus Software powers more than 2.5 million users across the globe.

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About the Stevie Awards

Stevie Awards are conferred in four programs: The American Business Awards, The International Business Awards, the Stevie Awards for Women in Business, and the Stevie Awards for Sales & Customer Service. Honoring organizations of all types and sizes and the people behind them, the Stevies recognize outstanding performances in the workplace worldwide. Learn more about the Stevie Awards at www.stevieawards.com.

Location hosting patron for The 2011 International Business Awards is the Ministry of Foreign Trade of the United Arab Emirates. Premier sponsors include IBM Netezza and Smart Reader® Worldwide. The Korea Business Communicators Association is the national sponsor for South Korea. Localization sponsor of the 2011 Stevie Awards is SDL. Location hosting supporters of the 2011 IBAs include Abu Dhabi Department of Economic Development, Abu Dhabi Chamber of Commerce & Industries, Dana Gas, the Gemological Institute of America and The International Business Times.

About Callidus Software®

Callidus Software (NASDAQ:CALD) is the market and technology leader in Sales Performance Management (SPM). Callidus’ award-winning SaaS platform – the Callidus Cloud – is a comprehensive SaaS suite designed to help businesses drive more effective selling at each stage of the sales talent lifecycle, from improved sales hiring -- the foundation of strong sales performance -- to improved campaign execution, to high frequency coaching and development. The Callidus Cloud suite includes Callidus’ 100% multi-tenant, high-availability SaaS infrastructure; its Sales Selection, Sales Effectiveness, Sales Performance, and Learning modules; SPMConnect for data management; and Reporting & Analytics. Callidus Software powers more than 2.5 million users across the globe. For more information, please visit www.callidussoftware.com.