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Xactly Corporation Wins Stevie(TM) Award in 5th Annual American Business Awards(SM)
Jun 12, 2007 (06:06 AM EDT)


SAN JOSE, Calif., June 12 /PRNewswire/ -- Xactly Corporation, ( www.xactlycorp.com ), the market leader in on-demand sales compensation management and an innovator in on-demand sales performance management, won a Stevie Award for Best New Company Up to 100 Employees in The 2007 American Business Awards.

(Logo: http://www.newscom.com/cgi-bin/prnh/20050906/SFF038LOGO )

Hailed as "the business world's own Oscars" (New York Post, April 27, 2005), The American Business Awards are the only national, all-encompassing awards program honoring great performances in business.

Named the Stevies for the Greek word for "crowned," the awards were presented during ceremonies on June 11 at the Marriott Marquis Hotel in New York City. The ceremonies were hosted by Larry Wilmore of THE DAILY SHOW with JON STEWART, videocast live on the Internet, and broadcast nationwide on radio.

In winning the Stevie Award, Xactly beat out 9 other finalists in the category. Christopher W. Cabrera, Xactly founder, president and CEO was presented the Stevie Award before a packed ballroom. In accepting the Stevie Award, Cabrera said, "It is an honor to receive this prestigious award recognizing our company and the success we have achieved. I am pleased to accept this award on behalf of all of the employees and stakeholders of Xactly."

"We view this Stevie Award as a major accomplishment recognizing our rapid growth, innovation and product excellence and most importantly, our commitment to customer success," continued Cabrera. "Since our founding, Xactly has been a catalyst for positive market change, serving the market with on-demand sales compensation and sales performance management solutions. Our solutions help companies optimize sales effectiveness and maximize profits."

Stevie Awards were presented in over 40 categories including Best Overall Company, Best Executive, and Best Corporate Social Responsibility Program. More than 2,000 entries from companies of all size and in virtually every industry were submitted for consideration.

"The judges awarded Xactly in the Best New Company Up to 100 Employees category because of their great story and great execution in freeing companies from the limitations of manual processes and the expenses of conventional enterprise software, and turning incentive compensation into a strategic weapon," said Michael Gallagher, founder and president of The Stevie Awards.

Members of the Awards' Board of Distinguished Judges and Advisors and their staffs selected Stevie winners from among the Finalists. Finalists were chosen by business professionals nationwide during preliminary judging in April and May. The elegant Stevie trophy was designated by R.S. Owens, the same company that makes the Oscar(R) and the Emmy.

Details about The American Business Awards and the list of Finalists and Stevie Award winners are available at www.steviewawards.com .

Xactly was founded in early 2005 with a mission to help companies of all sizes and across industries to automate their incentive compensation programs cost-effectively and rapidly by leveraging a pure software-as-a-service model. To date, the company has realized significant success including triple-digit revenue growth and has amassed a customer base of leading brands including: BlueLinx, CNET, Polycom and salesforce.com and has strategic partnerships with salesforce.com, Oracle, Microsoft, RightNow Technologies and SuccessFactors.

Xactly Incent is frequently at the center of a company's sales performance management strategy. Companies use Xactly Incent to design, implement, manage, audit and optimize incentive sales compensation processes to meet the specific needs of their businesses. Xactly's strategic product roadmap is aimed at delivering the most comprehensive sales performance management solutions from a single vendor and is focused on automating key business processes for finance and sales including quota and territory management, price management and forecast/planning.

About the Stevie Awards

Stevie Awards are conferred in four programs: The American Business Awards, The International Business Awards, The Stevie Awards for Women in Business, and the Selling Power Sales Excellence Awards. Honoring companies of all types and sizes and the people behind them, the Stevies recognize outstanding performances in business worldwide. Learn more about The Stevie Awards at www.stevieawards.com .

Premier Sponsors of The 2007 American Business Awards include EMCOR Group, Silverjet, and ValueVision Associates. Presentation sponsor is the German State of Bavaria's U.S. Office for Economic Development. Supporting sponsors include Harris Corporation, High Performance Technologies Inc., John Hancock, Softpro, Starwood Hotels & Resorts, and Ultimate Software. Media sponsors include the Business TalkRadio Network, Chief Executive, CIO Decisions, CRMAdvocate, and Human Resource Executive. The June 11 event was hosted live on the Business TalkRadio Network and HB Group videocast the ceremonies worldwide.

About Xactly Corporation

Xactly Corporation is the market leader in on-demand sales compensation management and an innovator in on-demand sales performance management. The company's flagship product, Xactly Incent, enables sales and finance executives to design, implement, manage, audit and optimize sales compensation management programs easily and affordably. Xactly's solutions automate the process of aggregating data from disparate systems into a secure, hosted repository and enable companies to leverage this business data which is the lifeblood of sales performance management. Xactly helps companies improve operational performance, optimize sales effectiveness, proactively manage risk and compliance and maximize profits. The Xactly family of products is used by sales and finance executives, compensation analysts, sales operations and sales professionals in medium-sized enterprises across a variety of industries. For more information, visit www.xactlycorp.com or call 1-866-GO-XACTLY.

Media Contacts: Dan Rampe Xactly Corporation Tel: 408-200-0610 Email: drampe@xactlycorp.com Kristin Reeves Blanc & Otus Public Relations Tel: 415-856-5145 Email:

(C) 2007 Xactly Corporation. All rights reserved. Xactly, "Incent right. Sell more.," and Xactly Incent, are trademarks or registered trademarks of Xactly Corporation. All other trademarks are the property of their respective owners.

CONTACT: Dan Rampe of Xactly Corporation, +1-408-200-0610, drampe@xactlycorp.com; or Kristin Reeves of Blanc & Otus Public Relations,+1-415-856-5145, , for Xactly Corporation

Web site: http://www.xactlycorp.com/ http://www.stevieawards.com/