HR.com recognizes Callidus

for market leadership in enterprise incentive management market

Leading Human Resources Buyer''s Guide distinguishes Callidus for technology innovation and market traction in key vertical markets

Callidus Software has announced its EIM technology has received high marks in HR.com''s 2003 Buyer''s Guide for Enterprise Incentive Management, yet another example of the HR industry''s strong endorsement of Callidus and its enterprise product suite. Callidus'' offerings were recognized both for technical innovation and for achieving measurable results.
In the report, Callidus was acknowledged as a leading vendor of EIM in the following categories: Technical Platform; Usability; Reporting; System Administration; and Plan Management. The firm was also lauded for achieving profitability, and for establishing strong customer traction in the insurance and financial-services sectors. While demonstrating a successful roadmap in these markets, Callidus continues to maintain a leading role as an EIM vendor with telecommunications and high-tech firms, developing key adjustments to meet complex client needs. In addition, the report cited Callidus'' strong management team and the clear strategic vision that makes the company a perennial on the shortlist for a broad range of industries with complex incentive-management requirements.
Our inclusion and excellent rankings in key categories in the HR.com report further confirms our reputation as a leader in technical innovation and EIM, said Reed Taussig, CEO of Callidus Software. Combine this with significant customer wins in the telecom, financial and insurance sectors where large companies are using our tools to increase their productivity and streamline their incentive compensation processes and you have a recipe for ongoing success.

Callidus'' market tested strengths lie in its proven ease of use, scalability, and ease of deployment. With planned upgrades to both its TrueComp and TruePerformance products, customers will continue to reap the advantages of product functionality and enterprise-wide scalability. According to the HR.com Buyer''s Guide, The planned enhancements and new functionality of these next major releases, coupled with building market traction and recent customer wins in key verticals, bode well for Callidus'' continued growth in the space.

The products profiled in The 2003 Buyer''s Guide to EIM all satisfy the core requirements demanded by enterprise-class deployments and truly represent the leading solutions on the market today, said Jay Weir, senior researcher, HR.com. Callidus regularly appears on prospective client shortlists and is one of only two incentive management vendors to achieve profitability in this tough economic climate. In the first half of 2003, Callidus has increased its market traction and demonstrated some innovative thinking with in terms of both new offerings and product enhancements.

HR.com, a premier provider of in-depth, high-quality information, tools, and resources to help human resource professionals, has developed the Buyer''s Guide to provide its membership with analysis of market-leading companies that they can follow as the EIM sector continues to mature. Incorporating product and financial advancements in the EIM sector during the first half of 2003, the report updates profiles of the leading options available to organizations looking to deliver on incentive management initiatives.