Ventelo Selects Callidus Software Suite

Callidus Software announces that Ventelo has selected the complete Callidus Software SPM Suite to manage sales performance and incentive compensation programs for all of its direct and indirect sales channels located in Norway. Following the recent merger of Ventelo and Bantele, Callidus Software will provide a single enterprise SPM platform for all sales channels across the entire group in Norway. Under the agreement, signed in the second quarter of 2008, Ventelo will use Callidus' TrueComp Manager, TrueResolution, TrueInformation and Callidus TrueAnalytics software modules to automate commission processes to all sales channels and to provide critical sales analytics to all senior management from sales through to product management.

In challenging economic times and faced with unprecedented competition, companies are pursuing new ways to drive revenue and optimize profitability. Sales performance and pervasive performance management are the untapped levers to bring these strategies to life. Callidus' solutions help companies align corporate objectives with sales strategy. Together, they unlock a company's ability to combine sales and incentive compensation with key aspects of employee performance management.

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