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Xactly Named World's Best New Company by 2008 International Business Awards(SM)
Jul 07, 2008 (08:07 AM EDT)


SAN JOSE, Calif., July 7 /PRNewswire/ -- Xactly Corporation took home the prestigious International Stevie(R) Award in The 2008 International Business Awards. 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.

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

"For years great business leaders have recognized that sales compensation is one of the prime motivators for a company's success. The right plans can increase profits, control expenses and drive consistent quarter-over-quarter results," said Christopher Cabrera, president and CEO, Xactly Corporation. "We are honored to be recognized for helping companies worldwide successfully manage this critical business function, and gratefully accept this award naming us the best new company on the global stage."

Members of the Awards' Board of Distinguished Judges and Advisors and their staff selected International Stevie winners from among the finalists, which were determined by volunteer judges around the world during two months of preliminary judging.

"Entries to the IBAs grew 65 percent this year, illustrating the increasing importance of The International Business Awards worldwide," said Michael Gallagher, president of The Stevie Awards, presenters of the IBAs. "We congratulate all of the finalists and International Stevie Awards winners, and look forward to honoring them for their achievements at our gala awards dinner."

Nicknamed the Stevie(R) for the Greek word "crowned," the awards will be presented to winners at a gala dinner on Monday, September 8 in Dublin, Ireland. Primary sponsors for the event will be Dow Jones and IDA Ireland.

The International Business Awards are the only global, all-encompassing business awards program honoring great performances in business. A complete list of this year's winners and finalists across all categories is available at http://www.stevieawards.com/iba .

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 http://www.xactlycorp.com 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: Kristin Reeves Blanc & Otus Public Relations Tel: 415.856.5145 Email: kreeves@blancandotus.com

CONTACT: Kristin Reeves of Blanc & Otus Public Relations, +1-415-856-5145, kreeves@blancandotus.com, for Xactly Corporation

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