PLEASANTON, CA--(Marketwire - Jan 17, 2012) - Callidus Software Inc. (NASDAQ: [ CALD ]), the leader in sales effectiveness and cloud computing, announced today that Blue Cross and Blue Shield of Minnesota, a leading not-for-profit health company, has selected the CallidusCloud™ Monaco Sales Performance Management solution for its compensation and agency management systems. The agreement was signed in the first quarter of 2012.

"We look forward to working with the CallidusCloud Monaco solution to manage our commission and agent business," said Michael Deffner, Director Sales Technology, Analytics and Incentives at Blue Cross and Blue Shield of Minnesota. "The CallidusCloud suite provides a single solution across our market segments today while maintaining future flexibility. We believe it will provide good support and service to our agents, as they work to serve our members and clients. CallidusCloud's Monaco solution will also provide process automation that will assist agent on-boarding and license updating."

The CallidusCloud Monaco solution includes:

• Agency management -- licenses, appointments, contracts, training
• Compensation management and compensation plan modeling
• Portal, reporting & analytics
• Dispute resolution
• Agency communicator
• Quota management
• Workflow

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 Blue Cross and Blue Shield of Minnesota
Blue Cross and Blue Shield of Minnesota, with headquarters in the St. Paul suburb of Eagan, was chartered in 1933 as Minnesota's first health plan and continues to carry out its charter mission today: to promote a wider, more economical and timely availability of health services for the people of Minnesota.

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.