Varicent Software Ranked Number One in PROFIT 100 Ranking of Canada's Fastest-Growing Companies

Sales Performance Management leader recognized for five-year revenue performance

TORONTO, June 2, 2010 - Varicent Software, an innovator and global leader in providing Incentive
Compensation and Sales Performance Management solutions, today announced it
has ranked first in the 22nd annual PROFIT 100 ranking of Canada's
Fastest-Growing Companies by PROFIT Magazine.

"We are extremely proud of our performance, and PROFIT Magazine's
recognition of our accomplishments," says Dan Shimmerman, President and CEO,
Varicent. "Varicent's success is the result of our entire team's hard work
and commitment, as well as our shared dedication to delivering value to our
global customers. We look forward to continuing our growth, and building upon
our position as a global leader in the Sales Performance Management market."

Ranking Canada's Fastest-Growing Companies by five-year revenue growth,
the PROFIT 100 profiles the country's most successful growth companies.
Published in the June issue of PROFIT and online at profit100.com, the PROFIT
100 is Canada's largest annual celebration of entrepreneurial achievement.

"Canada's Fastest-Growing Companies are the poster children for
entrepreneurship, innovation and pure tenacity," says Ian Portsmouth, editor
of PROFIT. "They demonstrate what it takes to succeed in today's highly
competitive, technology-driven global economy."

Varicent delivers the most innovative approach to effectively managing an
organization's variable compensation programs and processes. By adopting
Varicent's solution, companies of all sizes are able to save time, money and
effort currently being wasted on inefficient processes. They are also able to
improve the productivity of their sales force by directly aligning their
selling behavior to their overall corporate objectives.

About PROFIT Magazine

PROFIT: Your Guide to Business Success is Canada's preeminent publication
dedicated to the management issues and opportunities facing small and
mid-sized businesses. For 28 years, Canadian entrepreneurs and senior
managers across a vast array of economic sectors have remained loyal to
PROFIT because it's a timely and reliable source of actionable information
that helps them achieve business success and get the recognition they deserve
for generating positive economic and social change. Visit PROFIT online at
www.profitmagazine.ca.

About Varicent Software Incorporated

Varicent Software Incorporated is an innovative software solutions
provider delivering measurable improvements to its clients businesses through
its industry-leading sales performance management solution Varicent SPM.
Varicent's customers are high-performing companies representing a variety of
industries and include Waste Management, Convoy Financial Group,
Sherwin-Williams, Manpower, Getty Images, Starwood Hotels, Sun Hung Kai
Financial, and many others. For more information, please visit
www.varicent.com.

(c)2010 Varicent Software. All rights reserved. Varicent and Varicent SPM
are trademarks of Varicent Software Incorporated.

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

    Contact:
    Brian Hartlen
    Varicent Software
    +1-416-987-1241
    bhartlen@varicent.com

Brian Hartlen, Varicent Software, +1-416-987-1241, bhartlen at varicent.com