PLEASANTON, CA--(Marketwire - May 14, 2012) - Callidus Software Inc. (NASDAQ: [ CALD ]), the leader in sales effectiveness and cloud computing, announced today that it has been selected as a finalist in the 2012 American Business Awards in the "Company of the Year - Computer Software." CallidusCloud's Sales Effectiveness Suite was named a finalist in the "Best New Product or Service - Software - Cloud Application/Service" and "Best New Product or Service - Software - Financial Management Solution" categories, and CallidusCloud's website was named a finalist in the "Best Website - Computer Software" category.

"We are honored to be recognized in multiple categories at the 2012 American Business Awards," said Leslie Stretch, President and CEO, CallidusCloud. "We now have the broadest family of cloud-based, social selling products that will revolutionize sales by tapping into the competitiveness inherent to sales people, while fostering a culture of cooperative, collaborative and social selling. Our products help break down legacy silos to bring sales processes together as never before to truly unlock the potential of the sales team and drive performance against business objectives. This recognition reflects the value that our solutions bring to our customers and the commitment we have made to their success. I congratulate every member of the CallidusCloud family on this fantastic achievement."

The American Business Awards is the nation's premier business awards program. All organizations operating in the U.S.A. are eligible to submit nominations -- public and private, for-profit and non-profit, large and small. More than 3,000 nominations from organizations of all sizes and in virtually every industry were submitted this year for consideration in a wide range of categories. Finalists were chosen by more than 140 business professionals nationwide during preliminary judging in April and May. More than 150 members of 10 specialized judging committees will determine Stevie Award placements from among the Finalists during final judging, to take place May 14 - 25. Details about The American Business Awards and the list of Finalists in all categories are available at [ www.stevieawards.com/aba ].

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 [ Marketing Cloud ], the [ Selling Cloud ], and the [ Learning Cloud ], and a best-in-class SaaS Reporting & Analytics platform.

About the Stevie Awards
Stevie Awards are conferred in four programs: The American Business Awards, The International Business Awards, the Stevie Awards for Women in Business, and the Stevie Awards for Sales & Customer Service. Honoring organizations of all types and sizes and the people behind them, the Stevies recognize outstanding performances in the workplace worldwide. Learn more about The Stevie Awards at [ www.stevieawards.com ].

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, Rapid Intake and 6FigureJobs 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.