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Xactly Wins Coveted 2008 CODiE Award
May 27, 2008 (08:05 AM EDT)

SAN JOSE, Calif., May 27 /PRNewswire/ -- Xactly Corporation, the leader in on-demand sales performance management, today announced it received a 2008 CODiE Award in the category of Best Financial Software Solution. Established by the Software & Information Industry Association (SIIA), the annual CODiE Awards represent one of the industry's premier recognitions of outstanding achievement and vision in the software, digital information and education-technology industries.

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"We're honored to be recognized as one of the nation's best software solutions by the SIIA and its member base, which is comprised of our peers in the software industry," said Christopher Cabrera, president and CEO, Xactly. "The increased amount of recognition we've been receiving ultimately reflects the success of our customers as they use Xactly Incent to transform sales compensation management into an automated, more strategic business process to grow revenues and maximize profits."

"The 2008 CODiE Awards recognize those companies providing the best new technology products and services across a broad array of industries," noted SIIA President Ken Wasch. "The awards and their winners are a testament to the power of technology to deliver innovative solutions to American businesses and consumers. SIIA congratulates all of the CODiE Award winners and nominees, whose innovation is essential for continuing America's leadership in the global knowledge economy."

More than 1,100 CODiE nominations were submitted this year by 600 companies in a total of 76 categories. A panel of expert judges narrowed the field to 340 nominees, from which the 2008 CODiE winners were chosen. A complete list of winners can be viewed at .

The Software & Information Industry Association (SIIA) is the principal trade association for the software and digital content industry. SIIA provides global services in government relations, business development, corporate education and intellectual property protection to more than 800 leading software and information companies. For further information, visit .

About Xactly Corporation

Xactly Corporation is the market leader 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 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 across a variety of industries, ranging from SMBs to large enterprises. For more information, visit or call 1-866-GO-XACTLY.

(C) 2008 Xactly Corporation. All rights reserved. Xactly, Xactly Incent, Xactly Rewards, and "Incent right. Sell more." are trademarks or registered trademarks of Xactly Corporation. All other trademarks are the property of their respective owners.

CONTACT: Samantha Moore of Xactly Corporation, +1-408-200-0675,; or Kristin Reeves of Blanc & Otus Public Relations,+1-415-856-5145, , for Xactly Corporation

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