SOURCE: Taleo Corporation

September 17, 2008 13:00 ET

Taleo Announces Customer Innovation Award Winner

City of Chicago Receives Top Honors for Approach to Streamlining Pre-Screening Process

BOSTON, MA--(Marketwire - September 17, 2008) - TaleoWORLD -- Today, at the company's premier annual event for customers and partners, Taleo Corporation (NASDAQ: TLEO), the leading provider of on-demand talent management solutions, announced the winner of the 2008 Customer Innovation Award. The Taleo Innovation Award is designed to honor and recognize Taleo Enterprise Edition customers that advance talent management initiatives through innovation, leadership, and best practices.

This year's winner, announced today, is the City of Chicago. The City of Chicago received top honors for its approach to transforming and streamlining its pre-screening hiring processes. Employing more than 38,000 people, nearly 80 percent of the city's positions are filled with unionized labor. For certain positions, it is common for Chicago's hiring officials to receive more than 1,000 applicants at a time.

To better manage this influx, Chicago's hiring team divided pre-screening into two separate processes, which created an ongoing backlog of pre-qualified top talent. The Taleo system was configured to automatically group candidates first by required qualifications, and then further ranked candidates within those groups by asset qualifications. The process provides an entirely objective rating because candidates are ranked based on their answers to online questions. As a result, the City of Chicago has eliminated the time-consuming manual scoring process and reduced the number of candidates who must be manually screened by over 90 percent.

"We are honored to receive this award from Taleo," said Homero Tristan, commissioner of the City of Chicago's department of human resources. "Working with Taleo technology, we have created an automated process that is transparent and which allows us to better screen our applicants. We are confident it will serve as a model for other government agencies."

City of Chicago was among several customers nominated by Taleo executives. Their qualifications and achievements were then evaluated by an independent panel of HR leaders. This year's judging panel included Bill Kutik, Technology Columnist for Human Resource Executive® Magazine, and host of "The Bill Kutik Radio Show"; Jason Corsello, Vice President at Knowledge Infusion; Alexia Martin, Director of Research and Analytics at CedarCrestone; and John Hollon, Editor of Workforce Management.

Finalists who were also recognized include Teletech, Accenture, Seagate Technology and DaVita.

"This year's Innovation Award winners represent the best in talent management practices," said Michael Gregoire, chairman and CEO, Taleo. "These companies took real actions with Taleo technologies to solve critical business needs, save costs, and meet talent management challenges. It's exciting to see how Taleo technologies continue to inspire better performance."

About Taleo

Taleo (NASDAQ: TLEO) is the leader in on-demand unified talent management solutions that empowers organizations of all sizes to assess, acquire, develop and align their workforce for improved business performance. More than 3,600 organizations use Taleo for talent acquisition and performance management, including 47 of the Fortune 100 and more than 2,900 small and medium sized businesses, across 200 countries and territories. Known for its strong configurability and usability, Taleo's talent management platform runs on a world-class infrastructure and offers 99.9% availability.

Forward-looking Statements

This press release contains forward-looking statements, including statements regarding the expected benefits and results from using Taleo's products and services. 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 I, Item 1A of Taleo's Annual Report on Form 10-K, as filed with the SEC on March 14, 2008, 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.

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