Callidus Software Recognized as one of 15 'Innovation All-Stars' at Statewide Event

SAN JOSE, Calif., April 26 /PRNewswire-FirstCall/ -- Callidus Software Inc. (NASDAQ: CALD) , the leader in Sales Performance Management (SPM), today announced it has been named one of the California Innovation Corridor's Top 15 Innovation All-Stars. Callidus Software was awarded at the California Tech 100 conference during a special ceremony on April 25. The California Tech 100 is endorsed by the California Commission for Jobs and Economic Growth who honored the top 15 Innovation All-Stars with the California Innovation Award for outstanding leadership in innovation.

California Innovation Corridor partners selected the best innovative companies in the State from more than 75 Innovation All-Star candidates originating from over 300 initial nominations, including companies like Qualcomm, NVIDIA Corporation, and Symantec. Callidus is among a select group of 15 Innovation All-Stars that received this top statewide California Innovation Award.

"We are very pleased and honored to receive the 2007 Innovation All Star Award," said Shanker Trivedi, senior vice president and CMO at Callidus Software. "This recognition validates Callidus' leadership position in sales performance management and underscores our ongoing commitment to innovation and to providing customers with best-of-breed solutions for aligning sales strategy with corporate objectives and driving revenue."

Under high competitive pressure, companies pursue new ways to drive revenue and optimize profitability. Sales performance management is one of the untapped levers to bring these strategies to life. Callidus' solutions help companies align corporate objectives with sales strategy.

"We believe innovation and entrepreneurship are the drivers of economic growth in California," added Mark Mosher, executive director for the California Commission for Jobs and Economic Growth -- a nonprofit corporation whose members are chosen by the Governor to advise him on how to expand jobs and economic growth in the state. "These Innovation All-Stars are models for our state."

Managed by the California Space Authority (CSA), and administered through the California Labor & Workforce Development Agency (LWDA), the California Innovation Corridor is one of the state's initiatives to foster innovation and includes more than 60 partner organizations throughout 13 counties. It was Corridor partners that reviewed nearly 300 nominees before reducing the list of 75 Innovation All-Stars.

"These innovative companies," added CSA Executive Director Andrea Seastrand, "give people hope and dreams. They make us globally competitive and proud of our heritage as a nation of inventors, creators, and thinkers."

Visit http://goldencapital.net/Events/OC_CAInnovation.asp for more information about the award and the Innovation All-Star recipients.

About Callidus Software(R)

Callidus Software (http://www.callidussoftware.com/, Nasdaq: CALD) is a leading provider of on-premise and on-demand Sales Performance Management (SPM) solutions to global companies across multiple industries. Callidus' products allow enterprises to strategically manage incentive compensation, establish quota targets, and align territories, resulting in improved sales and distribution performance. Customers/Partners include 7-Eleven, Accenture, CUNA Mutual, HP, IBM, Philips Medical Systems, Sun Microsystems and Wachovia.

NOTE: Callidus Software, the Callidus Software logo, Callidus TrueAnalytics, TrueChannel, TrueComp, TrueComp Datamart, TrueFoundation, TrueComp Grid, TrueComp Manager, TrueInformation, TrueIntegration, TruePerformance, TrueReferral, TrueResolution, TrueFoundation, TrueService and TrueSupport are trademarks of Callidus Software Inc. 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.