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Callidus Software Inc.: Wedbush Morgan Securities Taps Callidus Software's CEO for SaaS Round Table

^{Published on 2009-01-09 11:27:30, Last Modified on 2009-01-09 11:28:20 - Market Wire}
 

SAN JOSE, CA--(Marketwire - January 9, 2009) - Callidus Software Inc. (NASDAQ: [ CALD ]), the leader in [ Sales Performance Management ] (SPM), announced that Leslie Stretch, president and CEO, will participate in Wedbush Morgan Securities' SaaS CEO Round Table "SaaS: Strategic Decision Making in a Shrinking Economy." The forum will be held at the San Francisco Marriott on Tuesday, January 13, 2009 starting at 1:00 p.m. PT. At the event, Stretch will represent sales performance management software when he joins other senior executives from a select group of leading SaaS companies.

"In the current economic climate, everyone is looking for ways to [ optimize performance while streamlining costs ]. While there is no silver bullet, the right SaaS solution offers a great opportunity for companies to identify opportunities to [ optimize business processes, reduce inefficient spending and align corporate strategy and sales execution ]," says Leslie Stretch, president and CEO at Callidus Software. "At the event, I will discuss strategies that help companies decide how to most effectively utilize their investments in sales to maximize revenue and profitability."

Callidus Software offers [ deep expertise with incentive compensation and sales performance management solutions ]. The company's continuously [ expanding client base ] reaps the benefits from Callidus' ongoing commitment to offering best-of-breed industry-targeted solutions that align sales goals with business objectives. Sales performance management is one untapped lever for companies that seek to [ drive revenue and shareholder value ].

Chaired by Michael Nemeroff, senior equity research analyst of enterprise software at Wedbush Morgan Securities, the round table will include prominent public and private company CEOs as well as the heads of capital markets from Wedbush Morgan Securities.

Founded in 1955, Wedbush Morgan Securities is one of the largest private, independent brokerage firms in United States. The firm specializes in providing brokerage and advisory services to both institutional and private clients.

To RSVP or for other accommodation details, contact: Mary Lee Stuart - Executive Assistant and CEO Round Table Coordinator at (415) 273-7353 or [ stuartml@wedbush.com ].

About Callidus Software®

Callidus Software ([ www.callidussoftware.com ]) (NASDAQ: [ CALD ]) is the market and technology leader in [ Sales Performance Management (SPM) ]. Performance-based compensation is one of the largest investments for all companies. Callidus' customers gain a competitive advantage by maximizing the return on this strategic asset. Our award-winning [ Software-as-a-Service (SaaS) ] applications set the standard for [ pervasive performance management ] across the enterprise. Over 1.9 million employees and channel partners have their performance managed by Callidus Software.

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