Callidus Software Named Among Top 100 Global Providers of Financial Technology

17 November 2008

Callidus Software Inc. (NASDAQ: CALD), the leader in Sales Performance Management (SPM), today announced that American Banker and Financial Insights ranked the company 86th in the FinTech 100 rankings. The list recognises the top vertical technology vendors in the world who derive more than one-third of their revenue from the financial services industry.

"We are honoured to rank in the FinTech 100," said Steve Apfelberg, senior vice president of marketing and business development at Callidus Software. "In addition to our success in the telecommunications, technology and pharmaceuticals sectors, we have thrived in the global financial industry. This ranking underscores our strong presence in that segment and further validates Callidus Software's leadership position in the sales performance management market."

With the inclusion into this ranking, Callidus Software has joined an elite group of vendors that stand out among the thousands of financial technology companies around the world for their volume of business/services conducted exclusively for the financial sector.

Callidus Software ranked 86th on the list of financial technology companies that were judged according to their global revenues -- attesting to the company's stability and importance to the industry. The company's expertise in the financial services industry and its strategic partnerships drive its growing customer base. Callidus Software continues to invest in the financial industry by introducing new ideas to drive revenue and by developing innovative products such as TrueProducer.

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