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Taleo Corporation: Taleo Partners With KMS Software Company to Enhance Online Onboarding for Small and Medium Businesses

^{Published on 2009-01-19 09:45:36, Last Modified on 2009-11-02 16:03:43 - Market Wire}
 

DUBLIN, CA--(Marketwire - January 19, 2009) - Taleo Corporation (NASDAQ: [ TLEO ]), the leading provider of on-demand talent management solutions, today announced that it has formed an alliance with KMS Software Company (KMS), the pioneer of online onboarding. Under terms of the alliance, small and medium sized businesses using Taleo Business Edition Recruit will now have a fully integrated onboarding solution that enables the electronic processing of new hire federal and state forms and government compliance requirements.

Available in English and Spanish, Taleo Business Edition Recruit, plus Taleo Onboarding Express includes electronic forms processing (Federal I-9, W-4 and state withholding), document storage, Form I-9 re-verification, and E-Verify, an integration with the Department of Homeland Security that electronically verifies a new hire's eligibility to legally work in the United States. Taleo Business Edition Recruit and Taleo Onboarding Express support multiple advanced workflow requirements, including the processing of onsite, at home and remote employees in a compliant manner, thereby reducing the risk of fines for the organization.

Jason Blessing, Group Vice President and General Manager for Taleo Business Edition, said, "Using KMS technology will allow us to bring best-in-class onboarding services to our clients. The added speed and functionality will further transform Taleo Business Edition into a powerful vehicle for driving onboarding costs down, ensuring federal and state government compliance and increasing our clients' effectiveness in managing the ever-changing laws around E-Verify."

Rosette Cataldo, Vice President of Business Development at KMS Software said, "As pioneers in the onboarding arena, we're pleased to partner with Taleo Business Edition Recruit. The integration will provide employers with a fabulous entry point to a robust, wizard-based tool capable of processing withholding forms, Form I-9 and E-Verify online. These enhanced onboarding capabilities will ultimately allow employers to focus on their people, not their paperwork. KMS Software has one focus, onboarding, and we are helping customers around the world automate the process one click at a time."

About KMS Software Company

KMS Software Company is the pioneer of online onboarding. KMS is exclusively devoted to providing world class human capital management software that combines process automation and employee engagement technology to help strengthen the relationship between employers and employees around the world. Through its highly experienced staff, pioneering technologies, re-engineered processes and SaaS-based software solutions, KMS Software Company empowers world-class companies to better engage their most important asset: their people. KMS has a proven track record of delivering onboarding technologies and consulting services to companies that operate around the globe.

About Taleo

Taleo (NASDAQ: [ TLEO ]) is the leader in on-demand unified talent management solutions that empower organizations of all sizes to assess, acquire, develop and align their workforces for improved business performance. More than 3,800 organizations use Taleo for talent acquisition and performance management, including 47 of the Fortune 100 and over 3,000 small and medium sized businesses across 200 countries and territories. Known for its strong configurability and usability, Taleo runs on a world-class infrastructure and offers 99.9% availability. Taleo's Talent Grid harnesses the resources of the Taleo community of customers, candidates, and partners to power the talent needs of companies around the world.

Forward-looking Statements

This release contains forward-looking statements, including statements regarding the demand for and results from use of Taleo's solutions, the demand for and results from the integration of Taleo's solutions with KMS' solutions and general business conditions. Any forward-looking statements contained in this press release are based upon Taleo's historical performance and its current plans, estimates and expectations and are not a representation that such plans, estimates, or expectations will be achieved. These forward-looking statements represent Taleo's expectations as of the date of this press announcement. Subsequent events may cause these expectations to change, and Taleo disclaims any obligation to update the forward-looking statements in the future. These forward-looking statements are subject to known and unknown risks and uncertainties that may cause actual results to differ materially. Further information on potential factors that could affect actual results is included in Part I, Item 1A of Taleo's Annual Report on Form 10-K, as filed with the SEC on March 14, 2008, in Part II, Item 1A of Taleo's Quarterly Report on Form 10-Q, as filed with the SEC on August 11, 2008, and in other reports filed by Taleo with the SEC.