SAN JOSE, Calif.--(BUSINESS WIRE)--Dec. 1, 1998--Callidus
Software, the business performance systems (BPS) company, announced
today the completion of its senior executive team with the addition of
David Port, vice president of sales, and Michael Tidd, vice president
of finance and chief financial officer (CFO).
Port joins Callidus Software from Neuron Data, a leading provider
of business rules automation software, where he was vice president of
marketing, business development and international distribution.
Michael Tidd most recently was vice president of finance and CFO with
the Corporate Store, an e-commerce start-up.
Port and Tidd will play strategic roles in growing Callidus
Software's business within the emerging market for BPS software, a new
class of enterprise applications that improve corporate financial
performance.
"Business performance systems, with their focus on top- and
bottom-line results, will play a highly strategic role in optimizing a
company's financial performance.
"The addition of seasoned veterans like Dave and Mike represents
our ongoing commitment to building the management team and business
infrastructure to support customers using these mission-critical
applications," said Reed Taussig, president and CEO of Callidus
Software.
Taussig added, "David's 20 years of high-tech sales experience
will be instrumental in building a world-class enterprise software
sales organization to support financial teams within Fortune 2000
companies. Mike, a 17-year veteran, brings both the corporate finance
expertise and strategic vision that will enable us to empower
corporate finance professionals."
Seasoned High-Tech Sales, Finance Management Executives
David Port brings two decades of high-tech sales and management
experience. Most recently he was vice president of marketing, business
development and international distribution at Neuron Data. Prior to
Neuron Data, he served as vice president of business development at
Vitria Technology.
Port also has held sales and management positions at Gupta Corp.
(now Centura Software Corp.), Sun Microsystems Inc. and Syntelligence.
He has an M.S. in engineering from the University of Pennsylvania and
B.S. in international business from the Wharton School of Business.
"Callidus Software represents a powerful combination of strategic
product, great market timing, the right venture partners, and a
world-class management team," said David Port. "I am extremely excited
about joining this winning team and leading the company's sales
effort."
Michael Tidd has 17 years of experience in public accounting and
corporate finance. Most recently he was vice president of finance and
CFO for the Corporate Store. Prior to the Corporate Store he served in
senior financial executive positions at Visa International, including
vice president, treasury and vice president, procurement and planning.
He also held various financial positions within KPMG Peat
Marwick. Tidd has a B.A. in business economics from the University of
California, Santa Barbara and is a certified public accountant (CPA)
in California.
"I'm very pleased to be involved early on with a company destined
for leadership in the business performance systems market," said
Michael Tidd. "Callidus Software is unsurpassed in both its
understanding of corporate financial managers' requirements and its
software approach to addressing their demands."
Callidus Software Senior Executive Team
In addition to Port and Tidd, Callidus Software's senior
executive team is rounded out by software industry veterans with
proven leadership.
Reed Taussig, president and chief executive officer, has spent
over 20 years in the computer hardware and software industry. Most
recently he was president and CEO of inquiry.com. He also has held
senior sales and marketing management positions in leading technology
companies, including Gupta (now Centura Software) and Unify Corp.
Phil Ressler, senior vice president of marketing, has 20 years of
experience developing marketing strategy and building companies in the
business-to-business and consumer fields. He has served as the senior
marketing executive at inquiry.com, Continuus Software, Gupta and
Nantucket Corp., and was the senior communications executive for Lotus
Development Corp.
Rob Gillette, vice president of engineering and chief technical
officer, has 18 years of experience in software engineering,
technology consulting and information technology. He has been the
principal architect and lead technologist for companies such as
Shopper's Express, Sybase Inc., MCI and Comsat.
Larry Parish, vice president of business development, has over 30
years of senior sales and management experience in software and
information technology at several firms, including
Informatics/Sterling Software, Aion Corp. and Gupta.
Daniel Welch, vice president of client services, has 19 years of
experience in selling and supporting Fortune 1000 companies, serving
in senior executive sales, service management and technology
consulting roles at Brightware Inc., Inference Corp. and Unify.
About Callidus Software
Callidus Software (http://www.CallidusSoftware.com) is a San
Jose-based company developing a new class of enterprise application
software called business performance systems (BPS).
BPS software helps CFOs boost top and bottom-line corporate
performance through accurate and timely variable cost management.
Callidus Software was founded in 1996 and is privately backed by
Crescendo Venture Management (formerly IAI Ventures), Crosspoint
Venture Partners, and ONSET Ventures.
Its beta customers include Adaptec (Nasdaq:ADPT.O), Cadence Design
Systems (NYSE:CDN.N), Netscape Communications (Nasdaq:NSCP.O), Newbridge
(NYSE:NN.N), and Sybase Inc. (Nasdaq:SYBS.O).
--30--dc/sf*
CONTACT: Callidus Software
Phil Ressler, 408/271-2667 ext. 203
phil.ressler@callidussoftware.com
or
Blanc & Otus
Eric Sutphin, 415/512-0500
esutphin@bando.com
KEYWORD: CALIFORNIA
INDUSTRY KEYWORD: COMED COMPUTERS/ELECTRONICS MANAGEMENT CHANGES
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