OpenSymmetry & Varicent Host First Arizona Compensation Professionals Roundtable Event

Business Wire, June 23, 2009

PHOENIX -- OpenSymmetry, the leading independent consulting firm dedicated to sales performance management, announced today the success of the first Arizona Compensation Professionals Roundtable event hosted by OpenSymmetry and Varicent Software.

Attended by local incentive compensation professionals from 15 companies, the “Lunch-Network-Learn” event facilitated networking and the exchange of information on how firms are dealing with sales compensation challenges presented by the current economic climate.

“The roundtable was very informative,” said participant Michael Britt with DHL. “The people who showed up had varied viewpoints and represented differing issues due to their unique business sector.”

The focus of discussion for the afternoon led by OpenSymmetry was on how companies can assess and resolve top issues being faced in the market. In specific, participants discussed how their teams are dealing with the economic downturn, from reduction in sales teams to reduction in compensation teams.

Discussion also focused on setting up compensation overseas, specifically in China, as well as on recent compensation management survey data presented by OpenSymmetry.

Based on the strong interest and turnout, OpenSymmetry and Varicent plan to make this a regular event.

To learn more about future compensation roundtable events in your area, contact Rob Blohm at 602-617-9916 or rob.blohm@opensymmetry.com.

About OpenSymmetry

OpenSymmetry is an independent, highly specialized consulting company focused on the areas of Sales Performance Management (SPM) and Business Intelligence. Through a full range of services, OpenSymmetry enables organizations of all sizes to maximize the value of their Sales Performance Management solution. Based in Austin, Texas and London, UK, OpenSymmetry is the only independent consulting company with a global network of highly skilled consultants dedicated to SPM. Find out more about OpenSymmetry at www.opensymmetry.com.

About Varicent Software Incorporated

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, Linksys by Cisco, Sherwin-Williams, Manpower, Autodesk, Getty Images, Starwood Hotels, Time Customer Service, and many others. Find out more about Varicent Software Incorporated at www.varicent.com.