N@N

Taleo Corporation: Taleo Performance Named CODiE Award Winner

^{Published on 2009-05-20 07:32:59, Last Modified on 2009-11-02 12:17:03 - Market Wire}
 

DUBLIN, CA--(Marketwire - May 20, 2009) - Taleo Corporation (NASDAQ: [ TLEO ]), the leading provider of on-demand talent management solutions, today announced that Taleo Performance, the company's performance management solution for enterprises, has been chosen by the Software & Information Industry Association (SIIA) as the "Best Human Resources Solution" in its 24th annual CODiE Awards. Taleo Performance beat out finalists iQor, Kenexa, NuView Systems, Inc., and SuccessFactors to take top honors. The CODiE Awards cover 30 software categories, 23 education categories and 14 content categories.

Launched in February 2008, Taleo Performance provides tools for goals management, performance reviews, succession planning and development planning. Taleo Performance provides companies with a solution to significantly increase their employee engagement and better align their workforce with corporate objectives. Combined with Taleo's industry-leading recruitment solution, Taleo Recruiting, companies have the ability to leverage a unified talent management platform to obtain a more holistic view of their workforce.

Over the past 15 months, organizations across numerous industries have selected Taleo Performance to transform their performance management practices from an annual administrative event into an everyday occurrence. In February 2009, just one year after being introduced to the market, Taleo Performance was listed in the Visionaries quadrant of the Gartner Magic Quadrant for Employee Performance Management Software.

"We are very proud of this accomplishment," said Michael Gregoire, Chairman and CEO of Taleo. "This prestigious recognition further validates not only the strength of our performance management solution, but the need for all companies around the world to focus on their biggest asset -- their people."

The CODiE Awards were established in 1986 by the Software & Information Industry Association (SIIA), so that pioneers of the software industry could evaluate and honor each other's work. Since then, the CODiE Awards program has continued to showcase the software and information industry's finest products and services and to honor excellence in corporate achievement and philanthropic efforts. The CODiE Awards hold the distinction of being the industry's only peer-reviewed awards program. The CODiE Awards program has raised the standard for excellence and serves as prestigious representation of outstanding achievement and vision in the software and information industry.

"Now in its 24th year, the CODiE Awards continue to recognize those companies providing the best new technology products and services across a broad array of industries," noted SIIA President Ken Wasch. "In addition, its winners are a prolific testament to the power of technology to deliver innovative solutions to businesses and consumers. SIIA warmly congratulates all of the winners and nominees of the CODiE Awards, whose innovation is essential for continuing America's leadership in the global knowledge economy," Wasch continued.

For more information on Taleo Performance, please visit [ http://taleo.com/products/enterprise-edition-performance.php ]

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 4,000 organizations use Taleo for talent acquisition and performance management, including 48 of the Fortune 100 and over 3,400 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 Taleo's solutions and results from use of Taleo's solutions. 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 II, Item 1A of Taleo's Quarterly Report on Form 10-Q, as filed with the SEC on May 11, 2009, and in other reports filed by Taleo with the SEC.