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June 17, 2008
Former PeopleSoft Consulting Regional Vice President Joins Varicent as Vice President of Global Services
Rick Vaughan to Lead Worldwide Client and Partner Consulting Programs

(Toronto, ON) – Varicent Software, an innovator and provider of sales performance management (SPM) solutions, today announced Rick Vaughan, former regional vice president for PeopleSoft Consulting, has joined Varicent as vice president of global services.

"The market opportunity for sales performance management and rapid growth of Varicent made my decision to join Varicent very easy," said Rick Vaughan, vice president of global services. "I look forward to working with Varicent clients deploying the industry's most innovative sales performance management solution."

In his new role, Vaughan will lead Varicent's growing global services practice, which works directly with customers and solution partners to deploy Varicent's flagship solution, Varicent SPM. Vaughan's focus will be driving enterprise deployments that deliver a compelling return on investment. Vaughan will also oversee partner training and certification, and Varicent's client education offerings.

"Rick's experience helping organizations deploy PeopleSoft will be extremely valuable to Varicent," said Dan Shimmerman, president, Varicent. "More and more, clients are looking to take sales performance management across the enterprise, delivering vital business information to large numbers of executives, finance, HR, sales and other employees."

Vaughan served ten years with PeopleSoft/Oracle, most recently being group vice president of Oracle Consulting. In his numerous roles with PeopleSoft and Oracle, Vaughan focused on strategic accounts, developed project proposals, status and management tools that were adopted company-wide and achieved numerous corporate objectives.

About Varicent

Varicent Software Incorporated delivers the most innovative sales performance management solution addressing the needs of business professionals across the entire enterprise. High performing companies relying on Varicent for better visibility and control of their complex variable compensation programs, automating the assignment of territories, the collection and approval of quotas, and reporting and analyzing sales performance include Waste Management, KLA-Tencor, AAA, Sonus Networks, Manpower, American Century Investments, Rogers, About.com (a New York Times company), and many others.

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