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(Toronto and Parsippany, New Jersey) – Varicent Software, the only provider of complete solutions for sales performance management (SPM), today announced it has entered into a reseller partnership with Revelwood Inc., a premier technology consulting firm with a core focus on performance management solutions. With this agreement, Revelwood will resell Varicent's flagship product, Varicent SPM, and provide implementation and deployment consulting services to new clients.

"Sales performance management (SPM) is a key progression from corporate performance management (CPM), or business performance management (BPM)," said Mark Girvan, vice president, business development, Varicent. "SPM is extremely successful when leveraging best practices in finance, sales and performance management. Revelwood has a proven history of success, best practices, and vast expertise in performance management, and will provide great value to corporations selecting Varicent SPM."

Better sales performance management and incentive compensation management practices enable companies to understand and react to sales opportunities. Varicent SPM is a comprehensive solution that enables companies to implement, manage and profit from company-wide pay-for-performance programs. Rising in popularity, pay-for-performance programs motivate and reward employees of at all levels to meet and exceed performance expectations, while delivering greater profits for corporations.

"Implemented strategically, sales performance management has the potential to have an even greater impact on companies than business performance management alone," said Ken Wolf, CEO, Revelwood. "Performance management provides the foundation for better accuracy, control and insight. Extending that to sales operations creates an opportunity to increase revenues and profitability."

"Varicent's much-lauded solution, Varicent SPM, combines solid financial software features with a visionary approach to modeling and administering incentive compensation plans, managing and planning territories and quotas and performing advanced analytics on the related data," continued Wolf.

The partnership between Varicent and Revelwood includes co-marketing activities, the first of which is a webinar on September 20, 2007 at 1:00pm EDT. Moderated by Revelwood's Wolf, the webinar will feature Steve Player, program director of Beyond Budgeting Round Table (BBRT) North America and Rod Radojevic, vice president of product management, Varicent, discussing strategies for incentive compensation plans to drive overall corporate results. To register for this event, visit: http://www.revelwood.com/events.

About Revelwood

Revelwood provides performance management solutions that enable companies to predict, measure, evaluate and impact business performance. Offering products, implementation services, training and support, Revelwood brings ease, speed and flexibility to planning, reporting and analytics-all on a single, common platform.

Since 1995, Revelwood has provided solutions for numerous innovative companies including CBS, Dow Jones, Madison Square Garden, Wells Real Estate Funds, LifeMasters and TV Guide. For more information on Revelwood, please visit http://www.revelwood.com.