Varicent - Press Releases

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(Toronto, ON) – Varicent Software, the only provider of complete solutions for sales performance management (SPM), today announced continued rapid sales and company growth for the second quarter, 2007. This quarter continues a multi-year trend for Varicent and positions the company for a record year in 2007.

"This past quarter saw significant movement and events for Varicent and the SPM market in general," said Dan Shimmerman, CEO, Varicent. "Varicent's expanded sales team closed major deals for our offering, and the company was included in several leading analyst reports."

Among the brand name new customers choosing Varicent over competing solutions are AAA Auto Club South, Health Insurance Plan of New York (HIP) and TechTarget.

Varicent also continued its corporate growth, bringing on Ken Barbe, vice president of Global Services, formerly in a similar role with WorkBrain, and expanding its US operations in Portland, Oregon.

As part of its growing brand awareness, Varicent was covered in the following analyst reports and articles:

• Gartner, "Hype Cycle for CRM Sales, 2007," by Michael Dunne et al., June 21, 2007, #G00148219
• Gartner, "Sales Performance Management: How it Relates to and Differs from CPM," by Michael Dunne and Nigel Rayner, June 15, 2007, #G00148568. Access a copy courtesy of Varicent at: www.varicent.com/SPMreport/
• Bloor Research, "Sales Performance Management Gains Market Favour," by Gerry Brown, July 10, 2007, appearing on http://www.it-director.com/business/content.php?cid=9629
• Multiple references in B-Eye-Network, DM Review and CFO Magazine