ROTH Capital Partners Acts as Co-Lead Manager for
Callidus Software Inc. (NASDAQ: CALD) in its
$93 Million Follow-On

For more information please contact:

Investment Banking
David J. Enzer
Managing Director
(310) 445-5868


Equity Capital Markets
Aaron Gurewitz
Head of Equity
Capital Markets
(949) 720-5703


Nazan Akdeniz
Senior Vice President
(949) 720-5740


Lou Ellis
Senior Vice President
(949) 720-5739

Transaction Information

Callidus Software Inc. (NASDAQ: CALD), doing business as CallidusCloudŽ, a global leader in cloud-based sales, marketing, learning and customer experience solutions, announced the closing of its underwritten registered public offering of 5,100,000 shares of its common stock at a price to the public of $18.25 per share. The total gross proceeds from the offering were $93,075,000. CallidusCloud intends to use the proceeds from the offering for working capital and other general corporate purposes.

ROTH Capital Partners acted as Co-Lead Manager for the offering. 

About Callidus Software Inc.

Callidus Software Inc. (NASDAQ: CALD), doing business as CallidusCloud, is a global leader in cloud-based sales, marketing, learning and customer experience solutions. CallidusCloud enables its customers to accelerate their Lead to Money process with a suite of solutions that can, among other things, identify leads, train personnel, implement territory and quota plans, enable sales forces to increase productivity, automate configuration pricing and quoting, manage contracts, streamline sales compensation and capture customer feedback for competitive advantage. Over 4,800 organizations, across a broad set of industries, rely on CallidusCloud to help them optimize their Lead to Money process and close more deals, faster. For more information, visit (Source: Company Press Release | 9/15/2016)

About ROTH Capital Partners

ROTH Capital Partners, LLC (ROTH), is a relationship-driven investment bank focused on serving emerging growth companies and their investors. As a full-service investment bank, ROTH provides capital raising, M&A advisory, analytical research, trading, market-making services and corporate access. Headquartered in Newport Beach, CA, ROTH is privately-held and employee owned, and maintains offices throughout the U.S. For more information on ROTH, please visit

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The material, information and  facts discussed in this announcement other than the information regarding ROTH Capital Partners, LLC ("ROTH") and its affiliates, are from sources believed to be reliable, but are in no way guaranteed to be complete or accurate. This announcement should not be used as a complete analysis of any companies, securities or topics discussed herein. Additional information is available upon request. This is not, however, an offer or solicitation of the securities discussed. Any opinions or estimates in this announcement are subject to change without notice. An investment in any security based on this announcement may involve risks and uncertainties that could cause actual results to differ materially from the forward-looking statements. Additionally, such investments may involve a high degree of risk and may not be suitable for all investors. No part of this announcement may be reproduced in any form without the express written permission of ROTH. Copyright 2016.