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Xactly Named Nation's Best New Company by 2008 American Business Awards(SM)
Jun 17, 2008 (08:06 AM EDT)

SAN JOSE, Calif., June 17 /PRNewswire/ -- For the second year in a row, Xactly Corporation took home the prestigious Stevie(R) Award in the "Best New Company -- Computer Hardware, Software & Services" category of The 2008 American Business Awards. Hailed as "the business world's own Oscars" (New York Post, April 27, 2005), The American Business Awards represent the only national awards program honoring great performances in business.

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"Since the awards' inception, no company has ever taken home a Stevie Award in the best new company category for two years in a row," said Michael Gallagher, founder and president of The Stevie Awards. "Having been selected as a finalist by business professionals nationwide, and then hand-picked for the top honor by the Stevie Awards' board of distinguished judges and advisors, is a very significant achievement for any company. We congratulate Xactly on this unprecedented distinction."

Founded in 2005, Xactly is recognized for its leading role in defining -- and delivering a suite of on-demand applications to address -- the large, emerging Sales Performance Management market.

In accepting the Stevie Award, Xactly co-founder and CTO Satish Palvai said, "It is a tremendous honor to be singled out as the best new company in the country, especially by a judging panel comprised of many leading figures in American business. We accept this award on behalf of every Xactly employee and customer, as this recognition truly belongs to them."

The 2008 Stevie Award ceremony took place on June 12 at the Marriott Marquis Hotel in New York City. More than 2,600 entries from companies of all sizes and in virtually every industry were submitted for consideration and judged across more than 40 categories.

Details about The American Business Awards, including a list of this year's winners and finalists across all categories, are available at

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, and "Incent right. Sell more." are trademarks or registered trademarks of Xactly Corporation. All other trademarks are the property of their respective owners.

Xactly Media Contacts: Samantha Moore Xactly Corporation Tel: 408.200.0675 Email: Kristin Reeves Blanc & Otus Public Relations Tel: 415.856.5145 Email:

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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