Suntech Energises with SuccessFactors

BEIJING, March 24 /PRNewswire-FirstCall/ -- Today, SuccessFactors, Inc. (Nasdaq: SFSF) announced that Suntech Power Holdings Co., Ltd. (NYSE: STP), the world's leading producer of crystalline silicon solar panels, has deployed the SuccessFactors Business Execution (BizX) Suite to drive their talent process, pay-for-performance culture and optimize its company's performance for increased growth.

A leading Chinese company with a market capitalization of over $2.5 billion, Suntech is a worldwide leader in the design and manufacture of innovative solar energy solutions for a wide variety of customers and applications across North America, Europe, Asia and Australia. Their global research and development team continues to pioneer technology advances in solar power generation products. The company is also expanding its business globally and building more factories and installing cutting-edge technology to make solar energy a practical and cost-effective solution for more customers around the globe.

Due to this massive growth, Suntech identified the need to significantly expand their goal alignment strategy across all geographical regions at the mid to senior management level. In addition, they wanted to introduce a pay-for-performance culture to optimise performance amongst its sales organisation. SuccessFactors was the solution of choice due to its proven globally-deployed technology, local presence in China and world renowned reputation in the market place.

"We know that high performing Managers in turn make for engaged loyal customers, so we are pleased to launch this relationship with SuccessFactors," said Cindy Shao, VP of Suntech. "We believe the SuccessFactors solution will improve execution of goals and our management will be able to drive increased performance across our business. We also strongly believe in investing in employee development and with this solution, we'll be able to better spot and reward high performing employees that are on the path of becoming future leaders at Suntech."

"We are thrilled to be working with Suntech and to assist its mid to senior management," said Kevin Lin, SuccessFactors Mainland China and Hong Kong Country Manager. "In these very competitive times, organisations are focusing more than ever on their people to drive performance and compensating high performers."

About Suntech Power

Suntech Power Holdings Co., Ltd. (NYSE: STP) is the world's leading solar energy company as measured by production output of crystalline silicon solar modules. Suntech designs, develops, manufactures, and markets premium quality, high-output, cost-effective and environmentally friendly solar products for electric power applications in the residential, commercial, industrial, and public utility sectors. Suntech offers an extensive range of customer-centric innovations, including Suntech's patent-pending Pluto technology for crystalline silicon solar cells, which improves power output by up to 12% compared to conventional production methods, the Reliathon™, the industry's first fully integrated utility-scale solar platform, and its broad range of building-integrated solar products.

Suntech designs and delivers commercial and utility scale solar power systems in China and the United States. With regional headquarters in China, Switzerland and San Francisco and sales offices worldwide, Suntech is passionate about improving the environment we live in and dedicated to developing advanced solar solutions that enable sustainable development. For more information, please visit http://www.suntech-power.com.

About SuccessFactors, Inc.

SuccessFactors is the global leader in Business Execution Software. The SuccessFactors Business Execution Suite improves business alignment and people performance to drive breakthrough results for companies of all sizes, anywhere in the world. More than 6 million users and 3,000 companies leverage SuccessFactors every day. To learn more, visit: www.successfactors.com.

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SOURCE SuccessFactors, Inc.

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