Varicent Software Realizes Outstanding Results for First Quarter 2007



    
    Company Success Demonstrates Growth of Sales Performance Management Market
    

    TORONTO, April 25 /CNW/ -- Varicent (TM) Software, the only provider of
complete solutions for sales performance management (SPM), today announced
outstanding sales results for the first quarter of 2007.  This breakout
quarter included significant large customer wins, pushing the envelope of the
number of payees relying on Varicent to deliver accurately and timely
information on pay-for-performance programs.
    "Numerous studies and analyst reports all indicate that performance
management solutions such as Varicent SPM are high on the priority list of
corporations today," said Dan Shimmerman, CEO, Varicent.  "Our first quarter
sales results, which increased significantly and builds on nearly 15 quarters
of profitability, is proof that SPM is a real need in the marketplace and that
large companies are investing in the solution."
    New customers selecting Varicent over competitors include: American
Century Investments, AmSan, CommVault, IBERIABANK, Rogers Communications,
SpectraLogic, Towne Group, Waste Management and more.
    Additionally, Varicent achieved several corporate milestones this
quarter, including:

    
    (*) Hiring Jordan Shnier, vice president of finance;
    (*) Appointing Mark Girvan vice president of business development;
    (*) Continued expansion of the U.S. sales force, recruiting corporate
      performance management, business intelligence and accounting software
      veterans; and
    (*) Establishing a sales support office in Portland, Oregon.
    

    This quarter also marked Varicent's inclusion in BPM Partners' Beyond the
Hype Web cast, in which Varicent was called out as the 'Best New Vendor' in
the performance management market.  To learn more about this distinction,
visit: http://www.varicent.com/news_detail.php?id=46.

    
    About Varicent
    
    Varicent Software Incorporated delivers the only complete sales
performance management solution addressing the needs of the entire
corporation.  High performing companies relying on Varicent for better
visibility and control of variable compensation programs include KLA-Tencor,
Starwood Hotels and Resorts, Waste Management, Rogers, About.com (a New York
Times company), and Pacific Blue Cross.

    For more information on Varicent, visit: http://www.varicent.com.

    All rights reserved. Varicent and Varicent SPM are trademarks of Varicent
Software.

    Beyond the Hype is a trademark of BPM Partners.


    All other trademarks and company names mentioned are the property of
their respective owners.





For further information:

For further information: Kelley Lynn Kassa of Varicent Software, 
+1-617-600-4700, kkassa@varicent.com Web Site: http://www.varicent.com/

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