Callidus Software Appoints Charles M. Boesenberg to Board

Callidus Software, the leader in Enterprise Incentive Management (EIM), announced the appointment of Charles Boesenberg to its Board of Directors. Mr. Boesenberg is CEO and Chairman of the Board of NetIQ, a leading provider of e-business and infrastructure management and intelligence solutions. Mr. Boesenberg, a 30-year veteran in the technology industry, has an exceptional track record in leading large organizations. He currently serves on the Boards of Maxtor Corporation and Onyx Software Corporation, and he previously served on the Boards of Macromedia and Symantec Corporation. "When it comes to growing a software business, Chuck has led the charge from some of the best vantage points in the industry. He has the ability to conceptualize and champion clear business strategies while staying focused on achieving operational results," said Mike Braun, Chairman of the Board of Callidus Software. "He has an exceptional track record of accelerating growth in technology businesses and building organizations that distinguish themselves in tough, competitive environments. I expect he will contribute significantly to our company and Board as Callidus continues its leadership in the EIM space." Mr. Boesenberg added, "Callidus is a company poised for growth with a track-record of successful deployments in some of the world's largest companies, in what analysts see as a growing market. I am excited to join the Board of Directors at this time, as the company transitions into a significant enterprise with continued leadership in the EIM market," continued Boesenberg. "I clearly understand how incentives drive behavior and that incentive compensation is mission-critical to large enterprises, as it drives much of the behavior that supports corporate strategy." Robert Youngjohns, President and CEO of Callidus Software added, "I am excited to have Chuck join our Board of Directors. His ability to spearhead change, drive growth and forge alliances will be a huge asset as we continue to build Callidus' leadership in EIM and Sales Performance Management solutions".