Avid Technology Selects Xactly for Sales Performance Management

SAN JOSE, Calif., May 26 /PRNewswire/ -- Xactly Corporation today announced that Avid(R) , a worldwide leader in tools for film, video, audio, and broadcast, has licensed the Xactly Incent on-demand sales compensation management application, along with Xactly modules for modeling and data management. Avid will replace its present spreadsheet-based process for managing sales compensation with Xactly's pure Software-as-a-Service (SaaS) solutions to optimize sales performance across its global sales organization.

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

"Xactly's on-demand solutions will be a cornerstone of our SaaS-based strategy for sales performance management moving forward," said Martin Vann, worldwide vice president of sales and professional services, Avid. "After close consideration, we selected Xactly because of its capability for rapid deployment and tight integration with our planned Salesforce CRM implementation."

Xactly Incent is a 100-percent SaaS solution that enables sales and finance executives to design, implement, manage, audit and optimize sales compensation management programs easily and affordably. As sales compensation represents 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.

"Avid is among the growing number of companies leveraging the powerful pairing of SaaS-based sales performance management and CRM solutions," said Karen Steele, senior vice president of marketing, Xactly. "The synergistic capabilities of Xactly and salesforce.com, coupled with the favorable economics and increased business agility that come with SaaS applications, create a very compelling proposition. And the ability to empower business users while relieving the burden on IT resonates with companies today more than ever."

About Avid

Avid creates the digital audio and video technology used to make the most listened to, most watched and most loved media in the world - from the most prestigious and award-winning feature films, music recordings, television shows, live concert tours and news broadcasts, to music and movies made at home. Some of Avid's most influential and pioneering solutions include Media Composer(R), Pro Tools(R), Avid Unity(TM), Interplay(R), Oxygen 8, Sibelius(R) and Pinnacle Studio(TM). For more information about Avid solutions and services, visit http://www.avid.com/, del.icio.us, Flickr, Twitter and YouTube; connect with Avid on Facebook; or subscribe to Avid Industry Buzz.

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) 2009 Xactly Corporation. All rights reserved. Xactly, Xactly Incent, Xactly Rewards, and "Incent right. Sell more." are trademarks or registered trademarks of Xactly Corporation. Avid, ProTools, Media Composer, Avid Unity, Interplay, Sibelius and Pinnacle Studio are registered trademarks of Avid Technology, Inc or its subsidiaries in the United States or other countries.

Media Contacts: Samantha Moore Xactly Corporation Tel: [phone] Email: [e-mail] Kristin Reeves Blanc & Otus Public Relations Tel: [phone] Email: [e-mail]

Photo: http://www.newscom.com/cgi-bin/prnh/20050906/SFF038LOGO
http://photoarchive.ap.org/
PRN Photo Desk, [e-mail]

Xactly Corporation

CONTACT: Samantha Moore of Xactly Corporation, [phone],
[e-mail]; or Kristin Reeves of Blanc & Otus Public Relations,
[phone], [e-mail], for Xactly Corporation

Web Site: http://www.xactlycorp.com/
http://www.avid.com/