Callidus Software and Princeton Softech Form Global Alliance |
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Callidus Software Inc.
160 West Santa Clara Street
San Jose, CA, 95113
USA
Press release date: June 1, 2007
Partnership Provides Joint Customers with Superior Archiving Capabilities to Optimize Performance, Mitigate Risks and Control Costs
SAN JOSE, Calif., June 1// Callidus Software Inc. (NASDAQ:CALD), the leader in Sales Performance Management (SPM), today announced a global strategic alliance with Princeton Softech, the market leader in enterprise data management. Through this partnership, Callidus will offer a complete archiving solution for its industry-leading SPM solutions. Leveraging Princeton Softech's Optim(TM) archiving solution, Callidus customers will be able to segregate historical from current data to optimize performance, mitigate risks, and control costs associated with the sales and compensation management processes.
"Princeton Softech is dedicated to delivering comprehensive enterprise data management solutions to its clients, so they can maximize the business value from their enterprise applications," said Jim Lee, Vice President of Product Line Management at Princeton Softech. "Callidus demonstrates a high level of commitment to client satisfaction, providing the best SPM solutions available. This collaboration will offer our clients an expanded value proposition that will enable companies to meet their business needs for managing data growth and facilitating data retention requirements."
As companies process millions of sales related transactions each month, they also need to maintain high system performance, keep costs competitive, and ensure the data is safe and easily retrievable. Leveraging the Princeton Softech solution on the rich sales information generated by Callidus' solutions, companies can now securely manage the growth and cost of the critical data that administers sales and compensation performance.
"Callidus is pleased to expand its ecosystem of partners with Princeton Softech. It is important for companies to recognize the significance of managing data growth and protecting customer data across the enterprise," said Vincent Salvo, vice president, global alliances at Callidus Software. "Princeton Softech has established itself as the leading provider of enterprise data management. Our combined solutions will provide today's enterprises with the knowledge and agility required to truly maximize profits, and better manage the critical components of the sales force, while strategically managing their data."
Under the terms of this agreement Callidus is offering Princeton Softech solutions to its existing and new customers. Princeton Softech's Optim(TM) solution accesses results from Callidus TrueComp® software solutions, allowing customers to optimize the management of data. The partnership is effective immediately.
About Callidus Software®
Callidus Software (http://www.callidussoftware.com/) (NASDAQ:CALD) is a leading provider of on-premise and on-demand Sales Performance Management (SPM) solutions to global companies across multiple industries. Callidus' products allow enterprises to strategically manage incentive compensation, establish quota targets, and align territories, resulting in improved sales and distribution performance.
Customers/Partners include 7-Eleven, Accenture, CUNA Mutual, HP, IBM, Philips Medical Systems, Sun Microsystems and Wachovia.
About Princeton Softech
Princeton Softech (http://www.princetonsoftech.com/) provides enterprise data management solutions that address critical business issues -- data growth management, upgrades and migrations, test data management, application retirement, data retention, privacy compliance and e discovery. Princeton Softech Optim(TM) aligns the management of application data with business objectives to optimize performance, mitigate risks and control costs. Partnered with the market leaders in business technology, Optim delivers capabilities that scale across enterprise applications, databases and platforms. More than 2,400 companies worldwide - including nearly half of the Fortune 500 - rely on Princeton Softech's proven solutions to maximize the business value of their enterprise applications and databases.
Source: Callidus Software
CONTACT: Jock Breitwieser of Callidus Software Inc. +408-975-6683 pr@callidussoftware.com
Web site: http://www.callidussoftware.com/ http://www.princetonsoftech.com/
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