CallidusCloud Unveils Ground-breaking New Product Innovation at Biggest C3 Conference Ever

DUBLIN, CA–(Marketwired – May 11, 2016) – Callidus Software Inc. (NASDAQ: CALD), a global leader in cloud-based sales, marketing, learning and customer experience solutions, unveiled a host of new products at its annual C3 conference, including a platform that allows users to connect their applications to the Internet of Things, a visual sales territory builder, telepresence and virtual reality features, and dedicated solutions for the telco and MLM industries.

“At C3 this year we have announced one of the biggest innovation roadmaps anywhere, that will enable our customers to make more money in a digitally disrupted world. These new products will deliver more value to our customers and propel us into big new markets and industries. The record attendance shows just how much interest there is in Lead to Money and how important it is to our customers’ growth plans,” said CallidusCloud chief marketing officer, Giles House.

The show announcements and new innovation on display included:

• A new solution for MLM businesses that will automate commission payouts, help on-board and train new sales assets and manage the distribution of sales leads.
• The Internet of Things (IoT) platform that will easily connect customer devices to the Lead to Money suite, driving dramatically new capabilities in sales, marketing, learning, and customer experience creation in the connected economy.
• A visual territory builder that allows sales managers to visualize their coverage model, see in real-time, performance details of their sales teams and align their sales resources with market demand, in order to boost sales.
• Telco Dealer Pro, a new solution for managing the telco indirect sales channel that provides a unified and connected process for managing training, incentives, and on-boarding of agents and dealers.
• OK to Sell, a new addition to CallidusCloud’s Producer Pro solution that enables insurers to gain an unprecedented level of transparency in their agents’ and dealers’ compliance with insurance regulations.
• Litmos VR Immersive 360 video player, which allows organizations to use off-the-shelf camera equipment to create fully immersive learning experiences that can cut on-boarding times and reduce training costs
• Litmos Bot, which allows students to receive personalized instruction and instructor interaction through a student-controlled stand-in telepresence robot without the need to travel to training sites.
• A new interface for CallidusCloud Commissions that simplifies the process of design, creation and deployment of sophisticated compensation plans.

About CallidusCloud
Callidus Software Inc. (NASDAQ: CALD), doing business as CallidusCloud^®, is the global leader in cloud-based sales, marketing, learning and customer experience solutions. CallidusCloud enables organizations to accelerate and maximize their lead to money process with a complete suite of solutions that identify the right leads, ensure proper territory and quota distribution, enable sales forces, automate configure price quote, and streamline sales compensation — driving bigger deals, faster. Approximately 4,700 leading organizations, across all industries, rely on CallidusCloud to optimize the lead to money process to close more deals for more money in record time.

©2016 Callidus Software Inc. All rights reserved. Callidus, Callidus Software, the Callidus Software logo, CallidusCloud, the CallidusCloud logo, Clicktools, SURVE, syncfrog, TrueComp Manager, ActekSoft, ACom3, iCentera, Webcom, Litmos, the Litmos logo, LeadFormix, Rapid Intake, 6FigureJobs, and LeadRocket are trademarks, service marks, or registered trademarks of Callidus Software Inc.

Note on Forward-Looking Statements
The forward-looking statements included in this press release, including, for example, the announcement of new products or services, reflect management’s best judgment based on factors currently known and involve many risks and uncertainties. These risks and uncertainties include, but are not limited to, risks detailed in periodic reports we file with the Securities and Exchange Commission, including our most recent Annual Report on Form 10-K and Quarterly Report on Form 10-Q.