DUBLIN, CA and ANNAPOLIS, MD--(Marketwire - Nov 15, 2011) - Taleo Corporation (NASDAQ: [ TLEO ]), the global leader of SaaS-based [ Talent Management ] solutions, and Towne Park, America's premier provider of valet parking, parking management and hospitality staffing services, today announced that Towne Park has selected Taleo's SaaS solution to recruit and onboard top talent for the organization.

Headquartered in Annapolis, Maryland, Towne Park was facing the challenges of being a fast-growing company, managing nearly 100,000 job applicants each year. Relying heavily on evolving technology to keep up with the business' hiring demands and run more efficient talent management operations, Towne Park chose the Taleo Recruiting™ with Assessment and Taleo Onboarding™ solutions to help address these needs.

"As the largest company in the valet parking space, we're focused on finding the most talented employees," said Jeremy T. Tolley, vice president of talent at Towne Park. "In this increasingly competitive employment market and with 6,500 associates at the company, Taleo's vision, business solutions and understanding of what businesses need is exactly what we're looking for. Towne Park is committed to being at the forefront of technology, as well as being the best employer in the industry -- Taleo allows us to do both."

Taleo Recruiting helps enterprises source, assess, hire and onboard the best talent. The enterprise recruiting software automates e-Recruitment for the even most complex global organizations. Taleo Onboarding enables new employees to be more productive from their first day on the job by streamlining new hire paperwork, linking employees to orientation training and immediately aligning them to corporate goals. Taleo's onboarding process reduces cycle time from days to minutes, saves millions of dollars and shortens time to productivity for new employees.

"We are pleased about Towne Park selecting Taleo to help build their business through talent," said Nagaraj Nadenla, general manager and vice president of recruiting products at Taleo. "Towne Park is clearly the leader in the valet parking and parking management industry and by implementing Taleo solutions, Towne Park will be able to streamline recruitment of the best talent, successfully align their employees to company business objectives, provide an ongoing program of effective employee assessment and achieve talent intelligence."

About Taleo
[ Taleo ] (NASDAQ: [ TLEO ]) helps organizations improve the performance of their business by unlocking the power of their people. Taleo is the only company to provide [ industry leading ] solutions in every category of [ Talent Management ]. Through its cloud-based platform, Taleo optimizes recruiting, performance management, learning and compensation -- and integrates them all so managers have the insights they need to achieve [ talent intelligence ]. Customers also plug into Taleo's unique [ Talent Grid ] community to harness the power of proven best practices, millions of users, and Taleo-ready partner solutions. From small and medium sized businesses to large enterprises, more than 5,000 organizations rely on Taleo every day to pursue growth, innovation and customer success.

About Towne Park
Towne Park provides valet parking and parking management solutions to hotels, casinos, hospitals and other enterprises nationwide. Towne Park's 6,500 associates serve more than 400 [ clients ] in over 50 markets nationwide. Over the past two decades, more and more properties have come to rely on Towne Park for its proven innovations and passionate employees who are Driven to Serve. You can visit Towne Park at [ townepark.com ] and find them on [ Facebook ] and [ Twitter ] @MyTownePark.

Forward-looking Statements
This release contains forward-looking statements, including statements regarding the demand for and benefits from the 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 release. 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 8, 2011, and in other reports filed by Taleo with the SEC.