Philips Electronics Selects Callidus- Monaco SaaS Suite to Drive Sales Performance Management

PLEASANTON, CA — (Marketwire) — 09/30/11 — Callidus Software Inc. (NASDAQ: CALD), the leader in , announced today that Philips Electronics, N.A., a diversified, global health and well-being company, has selected the Callidus Monaco On Demand SPM suite to drive the performance of its sales organization. The agreement was signed in the third quarter of 2011.Philips Electronics will implement the Monaco Sales Performance SaaS solution, including TrueComp® Manager, Quota Management, Objecti