Breaking News - General:

Callidus Only EIM Provider Ranked In Deloitte Fast 500

Callidus Software Inc announced that it ranked Number 201 on the 2004 Deloitte Technology Fast 500, a ranking of the 500 fastest growing technology companies in North America. Rankings are based on percentage revenue growth over five years, from 1999-2003. Callidus grew 1,078 percent during this period.

Callidus' CEO, David Pratt, credits the company's 1078 percent revenue growth over the past five years to development of solutions that provide real value to customers in vertical industries such as insurance and financial services. Pratt said, "Callidus' ranking as the only EIM vendor on the Deloitte Technology Fast 500 is a testament to our strong industry leadership. We are committed to continuing to provide customers with compensation programs that deliver strategic business value and contribute to the bottom-line."

"Being one of the 500 fastest growing technology companies in North America is an impressive accomplishment. We commend Callidus for making the Deloitte Technology Fast 500 with a phenomenal 1078 percent growth rate over five years," said Mark A. Evans, national managing partner of Deloitte's Technology, Media & Telecommunications Group.

Through its TrueComp Grid architecture, Callidus delivers the industry's only EIM solution that combines the power and scalability of Grid computing with the flexibility of a rules-based interface.