PLEASANTON, CA--(Marketwire - Oct 3, 2012) - CallidusCloud^®, a leader in sales effectiveness and cloud computing, announced today the integration of CallidusCloud's CPQ (Configure Price Quote) with Oracle^® Sales and Marketing Cloud Service to help enable businesses to add cloud-based proposal generation to their Oracle Sales and Marketing Cloud Service deployment. CallidusCloud's CPQ automates product selection, pricing and proposal generation within Oracle Sales and Marketing Cloud Service giving salespeople quick and easy access to the critical internal resources needed to configure, price, quote, and propose their products and services. CPQ accelerates sales cycles across companies, including those with simple product catalogs and distribution models all the way to complex, multi-channel sales networks.

"CallidusCloud's CPQ maximizes deal revenue, protects margins and generates a professional proposal in seconds," said Rory Cameron, Senior Vice President, Corporate Development and Alliances, CallidusCloud. "We are excited to be collaborating with Oracle on Oracle Sales and Marketing Cloud Service and showcasing it at Oracle OpenWorld."

Oracle OpenWorld is the world's largest and most important conference for Oracle technologists, business users, and partners. Oracle OpenWorld is being held in San Francisco from September 30 - October 4.

Callidus Software Inc. is a Gold level member in Oracle PartnerNetwork (OPN).

About CPQ
[ CallidusCloud's CPQ ] provides a 100% multi-tenant, SaaS solution that simplifies and accelerates the selling of all types of products and services. Requiring only a browser, CPQ enables users to quickly configure, price, quote, propose, and sell. The solution specializes in maximizing sales through faster, more accurate quotes, collaborative-based selling, and increasing profit margins across companies with simple product catalogs all the way to complex, multi-channel sales networks.

CPQ is delivered as part of CallidusCloud's sales and marketing suite, a SaaS solution that is designed to help businesses drive enterprise engagement, sales performance management and sales effectiveness at all stages of the sales cycle with award-winning, multi-tenant cloud software. CallidusCloud offers the following SaaS and mobile solutions: candidate assessment tests for hiring, video interviews, marketing automation, quotes and proposals, sales enablement, sales coaching, sales commission management, learning management and content authoring, underpinned by analytics and gamification.

About CallidusCloud
Callidus Software Inc. (NASDAQ: [ CALD ]), doing business as CallidusCloud, is a 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 ].

Trademarks
Oracle and Java are registered trademarks of Oracle and/or its affiliates. ©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.