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New Business Win: Comba Telecom Selects Callidus Monaco On-Demand

^{Published on 2009-12-10 04:32:04 - Market Wire}
 

SAN JOSE, CA--(Marketwire - December 10, 2009) - Callidus Software Inc. (NASDAQ: [ CALD ]), the leader in [ Sales Performance Management ] (SPM), continuing its [ SaaS momentum ], today announced that Comba Telecom Limited ("Comba"), a major supplier of wireless enhancement solutions, has selected the Callidus [ Monaco ] Suite to manage its [ sales performance ] and [ incentive compensation programs ]. Under the agreement, signed in the fourth quarter of 2009, Comba will use Callidus Monaco On-Demand for its direct sales force.

"Up to this point, Comba managed its sales compensation and performance through a difficult and inefficient manual process based on spreadsheets," said Simon Yeung, chief operating officer at Comba. "Comba needed a process that could match our rapid growth within Asia and the rest of the world. We needed an efficient and flexible system to help implement new incentive programs quickly, ensure alignment between our incentive programs and corporate objectives, improve sales productivity, retain our top-performers, and enhance corporate governance and compliance. Comba is pleased to partner with Callidus Software and leverage its SPM solutions to help accelerate our growth, efficiency and profitability."

As a rapidly growing high-tech company, Comba will benefit from the scalability and flexibility of Callidus' SPM solutions. The solutions will help design and roll out creative incentive programs and Special Performance Incentive Funds (SPIFFs). This will optimize product mix, penetrate new markets, introduce frequent contests and promotions, and build a strong pay-for-performance culture in the entire organization.

"Callidus already has a strong presence in the financial services and telecommunications industries in Asia Pacific," said Jimmy Duan, senior vice president of emerging markets at Callidus Software. "We are excited to accelerate our market growth in the region and further expand into the high-tech industry by signing Comba as a customer. Callidus' industry-leading SPM solutions enable fast-growing, high-tech companies, like Comba, to scale their businesses and improve efficiency and profitability."

Callidus Monaco is the market's leading on-demand SPM solution. The multi-tenant solution enables companies to maximize sales efficiencies with incentive compensation management and drives sales growth with performance management. Monaco offers a fast path to sales performance management success and is easy to deploy. It features predictable, low ongoing costs and is secure, safe, reliable and accurate. The solution's unprecedented scalability and flexibility enables it to grow with the business requirements.

Many of the world's leading companies choose Callidus Software to manage their sales performance due to its fast implementation, scalability and applicability. By every meaningful measure -- be it number of customers, number of payees, or size of transactions -- Callidus Software is the leading provider of sales performance management software and services, allowing companies to strategically and effectively manage sales operations and incentive programs.

For more news on sales performance management, follow Callidus on [ LinkedIn ], [ Facebook ] and [ Twitter ].

About Callidus Software®

Callidus Software ([ www.callidussoftware.com ]) (NASDAQ: [ CALD ]) is the market and technology leader in [ Sales Performance Management (SPM) ]. Callidus' customers gain a competitive advantage by maximizing sales cost efficiencies and driving improvements in sales execution. Our award-winning [ Software-as-a-Service (SaaS) ] applications set the standard for [ performance management ] across the sales force. Over 2 million employees and channel partners have their performance managed by Callidus Software.

About Comba Telecom Limited

Comba Telecom Limited is a wholly-owned subsidiary of Comba Telecom Systems Holdings Limited (Hong Kong stock code: 2342). As one of the leading wireless enhancement solution providers in the world, Comba is primarily engaged in the R&D and manufacturing of wireless enhancement products including wireless enhancement solution, base station subsystems & antennas, and wireless access systems. The Group also provides complete turnkey solutions and services to its global customers. Headquartered in Hong Kong, Comba's global operations include manufacturing platform in China, R&D centers in China and the US, with over 40 offices worldwide. For further information, please visit: [ www.comba-telecom.com ].

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