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Annual List Spotlights Companies Making Significant, Innovative Contributions to the IT Industry and Corporate Computing


London, 14 December, 2001 – Callidus Software®, the trusted provider of Enterprise Incentive Management (EIM) solutions for enterprise customers, today announced that it has been awarded a spot on the prestigious Computerworld Top 100 Emerging Companies for 2002 List. Computerworld’s annual list recognizes the most promising companies to watch in the coming year, companies that have reached significant milestones in their contributions to the IT industry and corporate computing.

“In selecting the Computerworld Top 100 emerging companies for 2002, the editors and panel members emphasized innovation,” said Maryfran Johnson, editor in chief of Computerworld. “These companies are creating products or services that present a new and creative approach to an IT issue, while demonstrating that they have the foundation, vision, and strategy to succeed in the years ahead.”

“Callidus is honored that Computerworld has selected us as one of the top companies to watch in 2002,” says Geoff Roach, vice president of marketing, Callidus Software. “This award is a testament to the tremendous success we’ve had with our customers; we’ve enabled some of the world’s leading companies to maximize profits through the effective alignment of pay-for-results incentives and strategic business objectives.”

The Top 100 Emerging Companies for 2002 List was selected by a panel of Computerworld editors and a select group of information technology industry influencers. For more information about the awards, please visit www.computerworld.com.

About Computerworld:
Based in Framingham, Mass., Computerworld, Inc. is a complete information services company for the IT Leader community, providing print and online publications, books, conferences and research services. The company’s flagship weekly newspaper for IT Leaders has been recognized numerous times by Folio: Magazine and the Computer Press Association as the best computer newspaper. With a circulation of 250,000, Computerworld has a total audience of 1,694,000, according to IntelliQuest CIMS v.8.0. News and resources for the IT Leader community are available at www.computerworld.com.

Computerworld is a business unit of IDG, the world's leading technology media, research and event company. IDG publishes more than 300 magazines and newspapers and offers online users the largest network of technology-specific sites around the world through IDG.net (www.idg.net), which comprises more than 300 targeted Web sites in 70 countries. IDG is also a leading producer of 168 computer-related events worldwide, and provides IT market analysis through 51 offices in 43 countries worldwide. Company information is available at www.idg.com.



About Callidus Software Inc.:
Callidus Software (http://www.CallidusSoftware.com), the leading provider of enterprise incentive management (EIM) solutions, boosts business performance by driving higher corporate revenues through marketplace pay-for-performance. Callidus Software’s EIM software automates incentive programs inside and outside the company. TrueComp automates modeling, administration, reporting and analysis of internal variable compensation, most often sales commissions. TrueChannel similarly automates channel promotions programs, which are paid incentives to distribution partners. Callidus Software’s EIM software provides precision, trust and understanding to successfully reward revenue-boosting behavior and optimize revenue drivers, thus improving business performance.

Callidus Software, founded in 1996, is privately backed by Crescendo Ventures, Crosspoint Venture Partners, ONSET Ventures, Goldman Sachs Group, Invesco Private Capital and Transamerica Technology Finance. Customers/Partners include The Alexander Group, Ariba, Inc. (NASDAQ: ARBA), Cambridge Technology Partners (NASDAQ: CATP), Dun & Bradstreet (NYSE: DNB), Juniper Networks, Inc. (NASDAQ: JNPR), PricewaterhouseCoopers, Niku Corporation (NASDAQ: NIKU), Accenture LTD. (ACN), AOL Time Warner Corporation (NYSE: AOL), Pennzoil-Quaker State Company (NYSE: PZL), PeopleSoft (NASDAQ: PSFT), Peregrine Systems Inc. (NASDAQ: PRGN), Sun Microsystems (NASDAQ: SUNW), Towers Perrin and Electronic Data Systems Corporation (NYSE: EDS).

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Callidus Software, TrueComp, and the Callidus Software logo are registered trademarks and TrueComp Manager, TrueComp Modeler, TrueComp Viewer, TrueChannel, TruePerformance, TrueIntegration, and TrueService are trademarks of Callidus Software, Inc. in the United States and other countries. All other brand or product names are trademarks or registered trademarks of their respective companies or organizations.




Contact: Callidus Software Ltd., David Blume, +44 (0) 1344 666029, dblume@CallidusSoftware.com


Contact: Wendy Marshall, PR Consultant, +44 (0) 20 8560 1437, wm@wendym.demon.co.uk

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