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Varicent Wins ISV/Software Solution of the Year in 2008 Microsoft Partner Program Impact Awards
Thursday, November 20, 2008

Canadian technology partners and their commitment and leadership in the channel community recognized at annual Microsoft Awards

TORONTO, Nov. 20 /PRNewswire/ -- Varicent Software Incorporated, an innovator and provider of sales performance management (SPM) solutions announced today that it has been selected as the winner in the ISV/Software Solution of the Year at the 2008 Microsoft Partner Program IMPACT Awards. The sixth annual IMPACT awards recognize excellence across the large and diverse community of Microsoft's Canadian technology partners. The winners were announced at a gala event in Toronto on November 13, 2008.

"As real leaders in their fields, technology partners like Varicent continue to help customers optimize their business performance," said Lora Gernon, Senior Director, Partner Group, Microsoft Canada Co. "Our annual IMPACT Awards celebrates top technology partners who have shown true passion through their tremendous service to customers and innovative solutions."

Varicent was chosen as the winner in ISV/Software Solution of the Year for its solution, Varicent SPM. Varicent SPM helps organizations improve sales effectiveness by offering a comprehensive solution that includes Incentive Compensation Management, Territory Management, Quota Planning, and Performance Analytics. Varicent delivers the most innovative solutions that address the complex and rapidly changing needs of organizations that need to dramatically improve their incentive compensation and sales performance processes and systems.

"This award recognizes the exceptional solution Varicent provides for our clients," said Mark Girvan, Vice President Business Development, Varicent. "By providing our clients a comprehensive solution around variable compensation plans and sales performance, they have the ability to easily administer the most complex sales models and compensation plans, increasing both their efficiency and effectiveness while providing visibility and insight."

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.

The IMPACT Awards include categories that recognize top technology partners for excellence in four categories: Solution Awards; Business Awards; Marketing Awards; and Community & Initiative Awards.

The Microsoft Partner Program IMPACT Awards are 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.

For a list of all 2008 winners, and more information on the Microsoft for Partner IMPACT Awards, please visit http://www.microsoft.ca/awards.

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.

(C) 2008 Varicent Software. All rights reserved. Varicent, Varicent SPM and Varicent Composer are trademarks of Varicent Software.

All other trademarks and company names mentioned are the property of their respective owners.

http://www.varicent.com

SOURCE Varicent Software Incorporated



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