PLEASANTON, CA--(Marketwire - Jan 6, 2012) - Callidus Software Inc. (NASDAQ: [ CALD ]), the leader in sales effectiveness and cloud computing, announced today that a global leader in biotechnology has selected the CallidusCloud™ Monaco SPM suite to drive the performance of its sales organization. The agreement was signed in the fourth quarter of 2011.

The [ CallidusCloud Monaco SPM suite ] delivers a 100% multi-tenant SaaS solution that helps companies maximize their sales and channel performance with targeted incentives and rewards. The solution:

• Enables the deployment of the right mix of commissions, Management by Objective (MBO) programs, bonus and stock allocations, and SPIFFs to dramatically improve alignment of sales execution with corporate objectives across channels
• Allows market agility with rapid go-to-market and mid-period coverage and incentive adjustments
• Consolidates all sales results data in a single platform with real time web and mobile access to deliver superior visibility into operations and financial performance

CallidusCloud delivers a comprehensive [ SaaS suite ] designed to help businesses drive more effective sales at each stage of the talent lifecycle, from making the right sales hire, to making it easier to sell, to motivating sales execution with targeted incentives and rewards, to building a knowledge-based work culture with high frequency coaching and development. The CallidusCloud platform is an award-winning, multi-tenant SaaS infrastructure that includes the Hiring Cloud, the Sales Enablement Cloud, the Sales Performance Cloud, the Learning Cloud, and a best-in-class SaaS Reporting & Analytics platform.

Be part of the Sales Revolution at the 2012 C³, CallidusCloud's annual user conference. Click [ here ] to learn more.

About Callidus Software
Callidus Software Inc. (NASDAQ: [ CALD ]) is the market and technology leader in [ sales effectiveness and cloud computing ]. Our customers gain a competitive advantage by maximizing sales cost efficiencies and driving improvements in sales effectiveness. CallidusCloud's award-winning multi-tenant SaaS applications set the standard for performance management of a company's sales force and channel partners. Over 2.5 million users rely on our solutions to power their performance. For more information, please visit [ www.calliduscloud.com ].

©2012. Callidus Software Inc. All rights reserved. Callidus, Callidus Software, the Callidus Software logo, CallidusCloud, the CallidusCloud logo, TrueComp Manager, ActekSoft, ACom3, ForceLogix, Salesforce Assessments, iCentera, Webcom, Litmos, the Litmos logo, LeadFormix and Rapid Intake are trademarks, service marks, or registered trademarks of Callidus Software Inc. and its affiliates 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.