Callidus Software Offers Free Webinar: How to Make MBOs Really Work

PLEASANTON, CA–(Marketwire – December 3, 2010) – Callidus Software (NASDAQ: CALD)

WHO:

G. F. “Will” Williams, senior incentive compensation analyst, Philips Healthcare

WHAT:

Is your workforce delivering the results that you need? Are they truly aligned with your top-tier business objectives? Learn how best-in-class organizations outperform competitors by using Management-by-Objective (MBO) programs to drive business performance.

WHEN:

Thursday, December 9, 2010

11 a.m. Pacific / 1 p.m. Central / 2 p.m. Eastern Time

WHERE:

To register for the event and for additional information go to:
http://www2.callidussoftware.com/Q410-MBO-Webinar.html

If you cannot attend the live event, please register and we will send you the on-demand version when available.

In the webinar, you will learn:

• Best practices in developing and administering MBOs
• How to develop MBOs that motivate employees and drive them toward accomplishing top-tier corporate objectives
• How to enhance employee engagement
• How to overcome common challenges that can potentially hinder your success

About Royal Philips Electronics

Royal Philips Electronics of the Netherlands (NYSE: PHG) (AMS: PHI), which includes Philips Healthcare, is a diversified health and well-being company, focused on improving people’s lives through timely innovations. As a world leader in healthcare, lifestyle and lighting, Philips integrates technologies and design into people-centric solutions, based on fundamental customer insights and the brand promise of “sense and simplicity”. Headquartered in the Netherlands, Philips employs more than 116,000 employees in more than 60 countries worldwide. With sales of EUR 23 billion in 2009, the company is a market leader in cardiac care, acute care and home healthcare, energy efficient lighting solutions and new lighting applications, as well as lifestyle products for personal well-being and pleasure with strong leadership positions in flat TV, male shaving and grooming, portable entertainment and oral healthcare. News from Philips is located at www.philips.com/newscenter.

About Callidus Software®

Callidus Software (NASDAQ: CALD) is the market and technology leader in Sales Performance Management (SPM). Callidus customers gain a competitive advantage by maximizing sales cost efficiencies and driving improvements in sales effectiveness. Our award-winning Software-as-a-Service (SaaS) applications set the standard for performance management of a company’s sales force and channel partners. Over 2 million employees and channel partners have their performance managed by Callidus Software. For more information, please visit www.callidussoftware.com.

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