Xactly Corporation Extends Sales Compensation Management Leadership With New Release of Xactly Incent and New Xactly Connect

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Xactly Continues Setting the Bar for Product Breadth, Depth and Innovation

SAN JOSE, Calif. – March 12, 2007 – Xactly Corporation, (www.xactlycorp.com), the market leader in on-demand sales compensation management and an innovator in on-demand sales performance management, today announced significant enhancements to Xactly Incent™, its flagship sales compensation application and a set of open APIs called Xactly Connect™, the world’s first on-demand incentive compensation management integration platform that provides connectivity to any system resulting in transparent integration for end users.

Today’s Xactly Incent 3.2 and Xactly Connect announcements are part of a detailed product roadmap also announced today in an accompanying press release from Xactly. Xactly Incent is a Web-based solution that enables medium-size enterprises in any industry to improve sales effectiveness and maximize profits. Companies use Xactly Incent to design, implement, manage, audit and optimize sales compensation management at the center of their sales performance management strategy.

“Xactly continues to extend its sales compensation management leadership role in announcing today’s new enhancements to Xactly Incent, the release of Xactly Connect and our product roadmap for the future,” said Satish Palvai, Xactly co-founder and vice president of engineering. “No other company in the sales performance management category can offer customers the breadth or depth of Xactly’s product offerings or rapid time to market of new release cycles.”

Xactly Connect, an open set of APIs for Xactly Incent, can be easily extended by customers and partners to ensure that companies have the most seamless and broadest array of integration options for their sales compensation and sales performance management solutions. As part of the Xactly Data Management module, Xactly partners with Informatica (NASDAQ: INFA) and Pervasive Software (NASDAQ: PVSW) to offer customers choice in aggregating their data. Pervasive has already extended Xactly Connect with Pervasive® Business Integrator™, a robust technology with more than 150 adapters used by thousands of companies worldwide.

Xactly Corporation announced major new enhancements to Xactly Incent and a set of open APIs called Xactly Connect, the world’s first on-demand incentive compensation management integration platform that provides connectivity to any system resulting in transparent integration for end users.

Major new features and accompanying benefits of Xactly Incent 3.2 include:

• Order Staging and Calculation – Xactly Incent 3.2 enhances the ability for customers to easily evaluate order information with custom validation checks before processing as well as more flexible calculation controls.

• Certification Letters – Xactly extends its patent-pending document management workflow capabilities with the addition of certification letters that sales representatives are required to review and sign to ensure that that have no side agreements. The new feature augments a company’s Sarbanes-Oxley compliance initiatives.

• Reports Configurability – Xactly Incent 3.2 enables users to configure the standard reports to provide the sales team with a streamlined user experience.

• Data Import and Export – These features give users the ability to select the best plans—or plan components—and move them seamlessly between Xactly Modeling™ and Xactly Incent.

• Plan Design – Several major enhancements have been made to plan design including crediting and commissions based on historic order information and calculations enabling companies to easily handle chargebacks.

In Xactly Incent 3.2, Xactly extends its patent-pending document management workflow capabilities with the addition of certification letters that sales representatives are required to review and sign to ensure that that have no side agreements. The new feature augments a company’s Sarbanes-Oxley compliance initiatives.

“With the introduction of Xactly Connect, Xactly is building a bridge between sales compensation and the rest of a company’s data sources,” said David Inbar, Pervasive, director of worldwide marketing for integration. “Xactly Connect’s easy-to-use APIs enable companies to automatically synchronize key data across all their business systems, eliminate time-consuming, error-prone manual processes and ensure that the right data is processed at the right time, producing accurate results.”

Xactly is the first and only company completely focused on delivering a 100-percent on-demand sales compensation management solution. It is also the first and only company to deliver a true multi-tenant solution in a SAS 70 Type II-certified environment. This single-minded approach enables Xactly to minimize hardware and software infrastructure costs – savings that are then passed on to customers – and accelerate the process by which it delivers new features and functionality.

About Xactly Corporation

Xactly Corporation is the market leader in on-demand sales compensation management and an innovator in on-demand sales performance management. The company’s flagship product, Xactly Incent, enables sales and finance executives to design, implement, manage, audit and optimize sales compensation management programs easily and affordably. Xactly’s solutions automate the process of aggregating data from disparate systems into a secure, hosted repository and enable companies to leverage this business data which is the lifeblood of sales performance management. Xactly helps companies improve operational performance, optimize sales effectiveness, proactively manage risk and compliance and maximize profits. The Xactly family of products is used by sales and finance executives, compensation analysts, sales operations and sales professionals in medium-sized enterprises across a variety of industries. For more information, visit www.xactlycorp.com or call 1-866-GO-XACTLY.

Media Contacts:

Dan Rampe
Xactly Corporation
Tel: 408-200-0610
Email: [email protected]

Kristin Reeves
Blanc & Otus Public Relations
Tel: 415-856-5145
Email: [email protected]

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© 2007 Xactly Corporation. All rights reserved. Xactly, “Incent right. Sell more.,” Xactly Incentive Estimator, Xactly Document Management, Xactly Incent, Xactly Connect and Xactly Modeling are trademarks or registered trademarks of Xactly Corporation. All other trademarks are the property of their respective owners.

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