N@N

Taleo Corporation: Global Businesses Embrace Taleo's Performance Management Software in Tight Economy

^{Published on 2009-01-20 09:02:47, Last Modified on 2009-01-20 09:03:55 - Market Wire}
 

DUBLIN, CA--(Marketwire - January 20, 2009) - Taleo Corporation (NASDAQ: [ TLEO ]), the leader in on-demand talent management solutions, today announced accelerated customer adoption of its Taleo Performance™ employee performance management software. Evergreen Packaging joins other world class organizations such as Humana, Bic, Vertex, Renault, Teletech and North Shore-Long Island Jewish Health System in choosing Taleo to help them better identify, retain and advance their talent. Amidst a volatile economy, companies are seeking greater visibility into the performance, alignment, and engagement of key talent to help weather current business challenges and lay a foundation for long-term success.

Taleo Performance is designed to address performance management, goal management, career management, and succession planning in an integrated, easy-to-use solution. It helps organizations gain strategic insight into talent across the entire organization and align that talent with business goals. In return, high performing individuals are provided with a better view of development and advancement opportunities, which can increase their engagement with their jobs and ultimately, their retention within their organizations.

Introduced to the enterprise market in February 2008, and to the small- and medium-sized business market last November, Taleo's performance management solutions are being adopted by companies of all sizes and across many industries.

"Our goal with Taleo Performance is to align our talent management practices with business results," said Joseph Cabral, chief HR officer at North Shore-Long Island Jewish Health System. "Having ongoing feedback that supports a continuous performance management process will allow us to transform the way we approach talent management. We also wanted a single, scalable platform to support our technology needs and Taleo was the clear choice for our organization."

"In this economy, businesses are working to better assess and engage their most valuable -- and often most expensive -- assets, their employee talent," said Michael Gregoire, chairman and CEO of Taleo. "Our easy-to-use, intuitive solution will allow organizations to take an even more holistic view of talent, and make informed talent decisions to drive business success."

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 Taleo's future financial performance, market growth, the demand for and results from use of Taleo's 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.