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October 28, 2008
Varicent Selected as ISV/Software Solution of the Year Finalist in Microsoft Partner Program IMPACT Awards
Microsoft Partner Program IMPACT Awards recognize top Canadian technology partners for customer support and service successes

(Toronto, ON) – Varicent Software announced that it has been selected as a finalist in the ISV/Software Solution of the Year category for the 2008 Microsoft Partner Program IMPACT Awards. The sixth annual IMPACT Awards recognize excellence within the Microsoft technology partner community in Canada as well as the innovative solutions and value they deliver to customers.

"Partners are at the core of Microsoft's business model and Microsoft has always relied upon a strong network of technology partner companies to bring technology to customers and provide the foundation for delivering solutions to the marketplace." said Lora Gernon, Director, Partner Group, Microsoft Canada Co. "We are proud to celebrate companies like Varicent at the Microsoft Partner Program IMPACT Awards as they help drive business growth and customer satisfaction through their stellar demonstration of industry leadership."

Varicent was chosen as a finalist in the ISV/Software Solution of the Year category for its solution, Varicent SPM. Varicent SPM aligns sales performance with strategic objectives though pay-for-performance by offering a comprehensive solution that includes Incentive Compensation Management, Territory Management, Quota Planning, and Performance Analytics. Varicent delivers the most innovative technology that addresses the needs of business professionals across the entire enterprise including finance, sales, HR and IT departments.

"We are very happy to be named a finalist for this award" said Brian Hartlen, VP Marketing, Varicent. "This acknowledgement further validates the strength of our product and the value we bring by combining our sales performance expertise with Microsoft platforms to enable information workers with better visibility, control and insight into their variable compensation programs."

Varicent, along with other technology partner winners and finalists in each of the award categories, will be honored at a gala event in Toronto on November 13, 2008.

About the Microsoft Partner Program IMPACT Awards

In 2003, Microsoft Canada replaced all of its previous technology partner awards with a unified program that also recognizes customer service, marketing, and contribution to the community. Microsoft Canada has outlined 30 categories to highlight the Partner Program competencies to honour the achievements of top technology partners.

The Microsoft Partner Program IMPACT Awards were open to Systems Integrators, Large Account Resellers, Direct Market Resellers, Value Added Resellers, Distributors, Systems Builders, Authorized Education Resellers, Certified Partners for Learning Solutions, Microsoft Certified Partners, Independent Software Vendors, Channel Suppliers, Microsoft Business Solutions (MBS) Partners and Original Equipment Manufacturers.

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, Manpower, American Century Investments, Smith & Nephew, Shaw Industries, Nexient Learning, Starwood Hotels and Resorts, Chase Paymentech and many others.

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Email: bhartlen@varicent.com
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