On-Demand Solution provides Enterprise Incentive Management.

Press Release Summary:



Callidus On-Demand Solutions(TM) offers hosted service that enables mid- to large-sized organizations and enterprise business units to benefit from Enterprise Incentive Management (EIM) on subscription basis. Solution provides on-demand service levels and options according to business requirements, with security delivered via single tenanted database instance for each customer. Multi-tenanted grid architecture ensures scaleable performance.



Original Press Release:



Callidus Software Unveils Callidus On-Demand Solutions for Enterprise Incentive Management



Callidus On-Demand Solutions Deliver the Power of the Industry Leading Callidus TrueComp EIM Solution to Midsized Companies and Enterprise Business Units in a Hosted Services Model

SAN JOSE, Calif., April 3 / -- Callidus Software Inc. (NASDAQ:CALD), the leader in Enterprise Incentive Management (EIM), today unveiled Callidus On-Demand Solutions(TM), a hosted service that extends the power of the Callidus TrueComp(R) EIM Suite and enables mid-to-large size organizations and enterprise business units to benefit from a world-class EIM solution on a subscription basis.

"Callidus Software's On-Demand Solutions make the capabilities of the world-class Callidus TrueComp EIM Suite available for mid-to-large sized companies and enterprise business units that could not afford an EIM solution before. Just like many Fortune 1000 companies, these organizations can now align their incentive compensation systems with their business goals to drive dramatically enhanced revenue and profitability," said Richard Furino, vice president client services of Callidus Software.

Callidus On-Demand Solutions

Callidus On-Demand Solutions deliver all the advantages of the industry leading Callidus TrueComp EIM Suite to organizations with 100 to 1000+ payees; providing them with the rapid deployment, flexibility, efficiency, security and reliability they need at 25% to 40% below the cost of an on-premise enterprise implementation. Customers can select from a variety of on-demand service levels and options according to their unique business requirements -- and will benefit from high-availability, top-performance computing technology within the acclaimed TrueComp architecture. The solution offers a high level of security by providing a single tenanted database instance for each customer and meets SAS-70 compliance. Customers also get the benefit of scaleable performance and high-availability with a multi-tenanted grid architecture.

Upgrades and maintenance are included and entirely transparent to end-users. The on-demand framework gives customers the option of enhancing their EIM solution with additional products from the Callidus TrueComp Suite such as Callidus TrueAnalytics(TM), the latest addition to the TrueComp Enterprise Product Suite. It offers sales, marketing and finance executives the strategic insight and ad hoc analysis capabilities they need to drive sales performance. Callidus TrueAnalytics benefits TrueComp customers by accelerating the analysis and reporting process to increase business agility and drive revenue and profitability.

In addition, customers can choose from a portfolio of strategic services that leverage the Callidus team's deep incentive compensation and vertical domain expertise. Strategic services include compensation strategy services, analytics services and new workflow solutions services; each tailored to the specific requirements of each individual customer.

Callidus On-Demand Solutions provide:
o Powerful Grid computing technology in an on-demand environment.
o Proven TrueComp architecture for comprehensive, extensible EIM.
o Efficiency and flexibility in an end-to-end solution for long-term success.
o Industry-leading service and maintenance from the experts in EIM.
o Security and reliability from a Sun Microsystems(R) Grid Compute Utility.

Benefits include:
o Affordable: 25%-40% below the cost of an on-premise enterprise implementation.
o Increased efficiencies, reduced operating costs and rapid ROI - Rapid implementation, completely outsourced infrastructure and support-services achieve measurable business benefits much more quickly and at much lower risk.
o Scaleable high-performance ensures that peak information processing demand will always be met.
o Latest functional release and elimination of resource time and expense for maintenance and upgrades -- Offers complete system maintenance, as well as feature, function and capability upgrades to eliminate internal resource time and expense, and ensure that customers are always on the latest release. All costs ordinarily associated with these processes become savings going directly to the customer's bottom line.
o High availability, security and minimal downtime.

About the Callidus TrueComp Suite

The Callidus TrueComp Suite enables compensation professionals to efficiently model, implement, and monitor incentive compensation programs with easy-to-create business rules. Optimized for productivity, TrueComp automates the day-to-day activities of incentive compensation management through a flexible, feature-rich, and user-maintainable system.

Additional modules offer expanded capabilities to suit the needs of any mid-sized to large organization.

Callidus TrueAnalytics(TM) provides sales, finance, and marketing teams with personalized integrated analytic dashboards, ad hoc query and advanced analysis capabilities -- all to monitor and analyze sales and incentive performance.

TrueInformation(R) provides the highly scalable reporting solution companies need to extend summary and detail sales and incentive visibility to sales and finance teams and business partners.

TrueResolution(R) streamlines and automates the resolution of sales force credit disputes with a powerful rules-based business process engine that has been shown to resolve over 80% of compensation disputes automatically -- dramatically reducing time requirements and headaches for both administrators and payees.

About Callidus Software

Founded in 1996, Callidus Software (www.callidussoftware.com) is an industry leading Enterprise Incentive Management (EIM) provider to global companies across multiple industries. Callidus' EIM systems allow enterprises to develop and manage incentive compensation linked to the achievement of strategic business objectives. Through its TrueComp(R) (R) Grid architecture, Callidus delivers the industry's only EIM solution that combines the power and scalability of grid computing with the flexibility of rules-based interface. Customers/Partners include 7-Eleven, Accenture, CUNA Mutual, HP, IBM, Philips Medical Systems, Sprint Nextel, Sun Microsystems, Time Warner Corporation and Wachovia. Callidus is publicly traded on the NASDAQ under the symbol CALD.

NOTE: Callidus Software, the Callidus Software logo, Callidus TrueAnalytics, TrueChannel, TrueComp(R) , TrueComp(R) Datamart, TrueComp(R) Grid, TrueComp(R) Manager, TrueInformation, TrueIntegration, TruePerformance, TrueReferral, TrueResolution, TrueService and TrueSupport are 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.

CONTACT: Jock Breitwieser of Callidus Software Inc., +1-408-975-6683, or pr@callidussoftware.com

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