PLEASANTON, CA--(Marketwire - Mar 20, 2012) - Callidus Software Inc. (NASDAQ: [ CALD ]), the leader in sales effectiveness and cloud computing, announced today that the CallidusCloud™ Sales Effectiveness suite has been selected as a finalist for the prestigious CODiE™ Awards in the "Best Cloud Application/Service," "Best Human Capital Management Solution," and "Best Financial Management Solution" categories. Established by the Software & Information Industry Association (SIIA), the CODiEs recognize excellence and achievement in the business software, digital content, and education technology industries.

"I am thrilled that CallidusCloud sales effectiveness SaaS platform has been named a finalist in the 2012 CODiE Awards," said Lorna Heynike, Senior Vice President, Marketing, CallidusCloud. "Callidus is dedicated to building innovative cloud solutions that help our customers optimize their investment in the sales force, leveraging the latest social, mobile, and analytics technology to drive sales performance throughout the buying cycle. We continue to redefine the sales performance market and exploit new technologies to find new ways to drive superior selling practices and maximize cost efficiencies. This recognition in three distinct categories is a testament to the value our solutions offer at a time when they are seeing unprecedented global momentum."

For the full list of finalists, please visit [ http://www.siia.net/codies/2012/finalists.asp ].

SIIA members will select the winners from among the finalists during the SIIA member voting phase of the program from March 26-April 13. SIIA members include software, digital content, and other technology companies that address education needs, as well as the financial and other professional services providers who support the industry.

CallidusCloud's Sales Effectiveness suite is a cloud-based multi-tenant SaaS solution that helps businesses gain more leverage over their sales investment at each stage of the deal cycle, from improved sales hiring -- the foundation of strong sales performance -- to motivating the sales force with the right incentives, coaching them on the right skills and behaviors, and driving a culture of sales collaboration and best practices based on proven results.

The CallidusCloud platform is an award winning, multi-tenant SaaS infrastructure that includes the Hiring Cloud, the Marketing Cloud, the Sales Effectiveness Cloud, and the Learning Cloud.

Join the Sales Revolution and experience CallidusCloud first-hand at our annual user conference: C³ 2012. Click [ here ] to learn more.

About the CODiE™ Awards
The CODiE™ Awards, originally called the Excellence in Software Awards, were established in 1986 by the Software Publishers Association (SPA), now the Software & Information Industry Association (SIIA), so that pioneers of the then-nascent software industry could evaluate and honor each other's work. Since then, the CODiE Awards program has carried out the same purpose -- to showcase the software and information industry's finest products and services and to honor excellence in corporate achievement.

About SIIA
The Software & Information Industry Association (SIIA) is the principal trade association for the software and digital content industry. SIIA provides global services in government relations, business development, corporate education and intellectual property protection to 500 leading software and information companies. For further information, visit [ www.siia.net ].

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.