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Callidus Software Inc.: VIVO Deploys Callidus Software TrueComp Solution for Sales Performance Management

^{Published on 2009-06-15 04:10:41, Last Modified on 2009-06-15 04:11:57 - Market Wire}
 

SAN JOSE, CA--(Marketwire - June 15, 2009) - Callidus Software Inc. (NASDAQ: [ CALD ]), the leader in [ Sales Performance Management ] (SPM), and CIS Corporate, Callidus Software's Latin American Reseller, today announced that VIVO (NYSE: [ VIV ]) (BOVESPA: VIV04) has successfully gone live with the Callidus Software [ TrueComp® Manager ], Callidus [ TrueAnalytics™ ], [ TrueResolution® ], and [ TrueInformation® ] software modules. VIVO is now leveraging Callidus Software's solutions to manage and [ optimize sales performance ] and incentive management for all of its direct and indirect sales representatives throughout Brazil.

Christiane Edington, CIO of VIVO, comments on the fast implementation and the delivery of requested software enhancements: "This relationship has been very professional from the outset and the finished product will enable us to better coordinate with our sales force and agents and give us a strong competitive advantage."

VIVO experiences strong growth in the vibrant Brazilian market place and anticipates significant expansion of its distributor channels by 2010. The company selected [ Callidus Software's line of products ] to put in place a strong control mechanism that will support that growth, provide sales with one view of their performance and enable tracking and [ speedy resolution of disputes ].

"Our partnership with Callidus Software offers our joint customers unmatched SPM functionality and a breadth of products and applications that is unheard of for the Latin American market," said Christopher May, director general at CIS Corporation. "This convincing value proposition allows us to jointly win new customers and expand both of our businesses. The fact that projects like these go live on schedule in a record time frame is the best testimonial to the cooperation between partners. We are pleased to add a dynamic company like VIVO to our list of customers in Latin America."

The software will help VIVO align corporate objectives and sales strategy within the dynamic environment of the telecommunications market and its constant innovations to products and services. VIVO expects that the greater transparency gained from implementing the software will help its teams to further [ drive revenue and optimize profitability. ]

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.

About VIVO

As part of the Portugal Telecom and Telefonica Moviles Groups, VIVO is the largest cellular telephone operator in the Southern Hemisphere with more than 40 million customers in Brazil. The company is the leader of both the individual and corporate segments and provides solutions to the latter through its VIVO Empresas business unit.

VIVO's competitive leader is in its CDMA technology -- which is the basis of the Third Generation cellular telephone all over the world, according to International Telecommunications Union. (ITU). Add to this its coverage, modernity and the innovative nature of its voice and data transmission services, such as high-speed mobile Internet, video transmission and other formats of online communication.

For more information about VIVO, visit: [ http://www.vivo.com.br/ ].

About CIS Corporate®

CIS Corporate is the leading provider of Corporate Performance Management Solutions in Latin America. With offices in Houston, Puerto Rico, Mexico, Colombia, Brazil and Spain, CIS lists many of the Fortune 1000 as its clients. With extensive experience in Planning, Budgeting, Consolidation, Scorecarding and Management Reporting, CIS is proud to be Callidus' partner in these exciting markets.

© 1998-2009 Callidus Software Inc. All rights reserved. Callidus Software, the Callidus Software logo, Callidus TrueAnalytics, TrueComp, TrueComp Grid, TrueComp Manager, TrueConnection, TrueFoundation, TrueInformation, TruePerformance, TruePerformance Index, TruePerformance Indicator, TrueMBO, TrueAllocation, TrueProducer, TrueQuota, TrueReferral, TrueResolution, TrueTarget and TrueService+ are trademarks, servicemarks, or registered 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.