SOURCE: Taleo

February 15, 2011 07:00 ET

Taleo Continues Strong Growth With Accelerating Customer Adoption of the Taleo Platform

DUBLIN, CA--(Marketwire - February 15, 2011) - Taleo Corporation (NASDAQ: TLEO), the leading provider of on-demand talent management solutions, today announced that several new customers, spanning multiple industry verticals, have deployed Taleo's talent management solutions. This continued traction with important enterprises continues the momentum of Taleo's most recent record-setting quarter, announced last week.

These customers mark the company's continued expansion across key verticals, ranging from retail to government to healthcare to insurance. Enterprises now using the Taleo platform include: Aflac, Alcatel-Lucent, Brady Corporation, Cook County, IL, Electrocomponents, Frost National Bank, Hitachi Data Systems, Organization for Economic Cooperation & Development, Rehab Care, Total Systems and UNC Healthcare.

Central to the Taleo 10 design and its success with new customers is a powerful user experience; social collaboration to more effectively recruit and develop the workforce; mobile access to make talent management solutions easily available; and cloud-based infrastructure to remove the barriers to accessing technology and expertise.

  • "We were impressed by the functionality of the Taleo 10 platform," commented Jon Hull, Resourcing Director for Electrocomponents. "It is very intuitive to use, both for applicants and hiring managers, which is crucial to driving adoption of the technology internally and ensuring that potential employees are not put off halfway through the application process. Taleo will also make a big difference to our reporting metrics. We have quite a geographically diverse workforce, so the ability to quickly and easily gain an insight into what is going on in a specific region will be hugely valuable, not just for the resourcing teams but throughout the business."

  • "The Taleo implementation support team made our transition to the Taleo platform run smoothly. Alfac's implementation of Taleo 10 was completed on-time and within budget. Our recruiters are enjoying a more user-friendly ATS and impressive metrics reporting," said Amy Giglio, Talent Acquisition, Aflac.

  • "We were impressed by the functionality of the Taleo 10 platform and our implementation efforts have gone very smoothly. Taleo's support has been world class, particularly for an internationally diverse organization like ours," said Michèle Pagé, Head of Human Resource Management, Organization for Economic Cooperation and Development.

As businesses look to move beyond recessionary constraints their emphasis is on growth, resulting in a need to have insight into their workforces in order to know their people and grow their businesses. Today, there is a significant gap between the 'Talent Intelligence' required by organizations to steer their growth initiatives and the limited insight they currently have on their talent assets. Taleo's strategy aims to close the "talent intelligence gap" identified by more than 75% of companies who do not have access to the information they need about their people to inform business decisions.

Customers using Taleo to optimize their talent management processes, report benefits that include increased speed, efficiency and visibility to make the right decisions about the right people for their businesses. Taleo is the only public company to offer a complete suite of solutions for a talent-optimized organization including recruiting, performance, compensation and learning management. To learn more visit: www.taleo.com

About Taleo
Taleo's (NASDAQ: TLEO) cloud-based talent management platform unites products and an ecosystem to drive business performance through talent intelligence. Approximately 5,100 customers use Taleo for talent acquisition, performance, learning, and compensation management, including 47 of the Fortune 100. Further, Taleo's Talent Grid cloud community harnesses the expertise of Taleo customers, more than 200 million candidates, and 140 partners and industry experts.

Forward-looking Statements
This release contains forward-looking statements, including statements regarding 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 II, Item 1A of Taleo's Quarterly Report on Form 10-Q, as filed with the SEC on November 5, 2010, and in other reports filed by Taleo with the SEC.

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