Human Resources: Carriers to On-Board and Manage Producers through Comprehensive Network

SAN JOSE, Calif., and OKEMOS, Mich., May 22, 2007 - Callidus Software Inc. (NASDAQ: CALD - News), the leader in Sales Performance Management (SPM), and Sircon Corporation today announced a partnership to provide an integrated solution for producer lifecycle management that includes compensation administration. Both companies will build on each other's software products and complementary customer bases. Until now, insurance carriers relied on multiple and often disassociated systems to manage their producers. With this partnership, the entire process from state-credentialing to producer on-boarding to compensation remittance becomes unified, thus improving the carriers' ability to provide high-level service to their producer channel.

"This combination provides online functionality that will advance the capabilities between insurance carriers and their distributors," said Gary Gummig, vice president of business development at Sircon. "By integrating online services that will automate transactions and workflow with compensation management we are moving one step closer to a fully automated experience. The benefits of a completely connected network are so unique that the industry will be pulled toward the lifecycle network as a matter of course."

Joint customers will benefit from using a combined suite which includes Callidus TrueProducer™ software to streamline their producer administration and have one centralized location to view and update producer information, Callidus TrueComp® Manager software for incentive management and the Sircon for Carriers™ software platform for producer administration including recruiting, on-boarding, contracting, licensing, appointing and other regulatory compliance functions.

"Our joint offering allows us to significantly accelerate adoption of a fully automated common platform for carriers and their distributors," said Steve Apfelberg, vice president product management at Callidus Software. "Our joint customers will benefit from our partnership by saving significant amounts of time and money for the processes of licensing, qualifying and administering insurance agents."

By every meaningful measure - be it number of customers, number of payees, or size of transactions - Callidus Software is the leading provider of sales performance management software and services. Callidus' industry-leading solutions enable five of the eleven largest U.S. insurance carriers to more strategically and effectively manage sales operations and incentive programs. In addition, Sircon brings to the partnership an extensive network of over 1,500 insurance carriers and state regulators.

About Callidus Software®
Callidus Software (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.

About Sircon Corporation
Sircon Corporation provides a comprehensive producer lifecycle platform to grow, manage and optimize producer channels. The company offers this platform as software-as-a-service (SaaS) to deliver immediate and compelling value to insurance carriers, insurance distributors, producers (agents) and state regulators for licensing, recruiting, contracting, regulatory compliance, education tracking and producer management. Sircon's solutions provide essential industry services by connecting these stakeholders through the Sircon network. For more information, please visit www.sircon.com or call 877.876.4450.

© 2007 Callidus Software Inc. All rights reserved. Callidus Software, the Callidus Software logo, Callidus TrueAnalytics, TrueChannel, TrueComp, TrueComp Datamart, TrueFoundation, TrueQuota, TrueComp Grid, TrueComp Manager, TrueInformation, TrueIntegration, TruePerformance, TrueReferral, TrueResolution, 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.