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Taleo Corporation: Taleo Business Edition Perform Selected as One of the Best HR Products of 2009 by Human Resource Executive

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^{Published in Science and Technology on Monday, September 21st 2009 at 3:28 GMT by Market Wire}  

DUBLIN, CA--(Marketwire - September 21, 2009) - Taleo Corporation (NASDAQ: [ TLEO ]), the leading provider of on-demand talent management solutions, today announced that [ Taleo Business Edition Perform ]™, the company's performance management solution for businesses with less than 5,000 employees, was selected by Human Resource Executive as one of the top HR products of the year.

Taleo Perform provides small and medium businesses with an inexpensive solution to gain complete insight into their workforces and create a system for developing and retaining talent. Launched last November, Taleo Perform has been selected by more than 125 companies for its ease of use, low cost and flexibility. It enables employees and managers to collaboratively create, customize and track goals on an ongoing basis. User-friendly features, such as integration with Microsoft Outlook, aid in user adoption and help turn performance management into a daily task, not a yearly burden.

Human Resource Executive's list of top HR and training products represents the very best of what vendors have introduced to the market during the past 12 months. Criteria for the award included level of product innovation, value added to the HR function, ease of use and delivery on product promise.

"This award is nice industry validation of what our customers have already put into practice -- better business results through better employee performance management and engagement," said Jason Blessing, General Manager and Group Vice President of Taleo Business Edition. "We're pleased to receive this recognition from the highly respected Human Resource Executive organization."

About Taleo

Taleo (NASDAQ: [ TLEO ]) is the leader in on-demand unified talent management solutions that empower organizations of all sizes to better understand and engage their best talent for improved business performance. Approximately 4,100 organizations use Taleo for talent acquisition and performance management, including 46 of the Fortune 100 and approximately 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 achieves 99.9% availability. Taleo's Talent Grid will harness 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, 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 II, Item 1A of Taleo's Quarterly Report on Form 10-Q, as filed with the SEC on August 7, 2009, and in other reports filed by Taleo with the SEC.