September 14, 2010 06:22 ET

Taleo Powers the Evolution of Talent Management

Announces New Capabilities and Momentum in Talent Intelligence

CHICAGO, IL--(Marketwire - September 14, 2010) -  TALEO WORLD -- At its 2010 global user group event, Taleo Corporation (NASDAQ: TLEO), the leading provider of on-demand talent management solutions, advanced its Talent Intelligence vision with new capabilities and momentum. Taleo's Talent Intelligence is transforming the talent management industry by helping companies close the "talent intelligence gap" to know their people and grow their businesses.

"The talent management industry is at an inflection point, ready to deliver a 'closed loop' of content about the past, present and future potential of an organization's talent," said Michael Gregoire, Chairman and CEO of Taleo. "Just as the '80s delivered ERP for manufacturing, the '90s delivered financial analytics for CFOs, and last decade delivered sales force automation to close the customer sales loop; this is the decade for Talent Management. CEOs recognize that people are their best, appreciating assets. Taleo's Talent Intelligence delivers a distinct competitive advantage with insight on talent that can inform business growth initiatives."

Today, Taleo is the only public company to offer best-in-class solutions across the four critical pillars of a robust talent management system: recruiting, performance, learning and compensation management. At Taleo World, the company made the following announcements that further extend insight to its customers:

Industry's First, Pre-Built On-Demand Solution Dedicated to Talent Management Analytics

Taleo Analytics™ equips businesses with information on key performers and potential performers to ensure they stay and grow. This is the industry's first on-demand data warehouse collecting "past, present and future potential" on employees from disparate systems to answer hard, employee-related business questions. With Taleo Analytics, holistic insights on employees are unearthed to power better, faster decision making on key business initiatives.

New Talent Grid Capabilities

Taleo's Talent Grid™ was launched a year ago to enable Taleo's global ecosystem of 4,700 customers, 100 partners and more than 200 million candidates to connect online to gather the insight on the global talent marketplace, share industry best practices and access third party solutions that can add to the Taleo talent profile. Marking its first anniversary with greatly expanded content and adoption, the Talent Grid powers insight and best practices to power better Talent Management strategies and success.

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About Taleo
Taleo's (NASDAQ: TLEO) cloud-based talent management platform unites products and an ecosystem to drive business performance through talent intelligence. Nearly 4,700 customers use Taleo for talent acquisition, performance and compensation management, including 48 of the Fortune 100. Further, Taleo's Talent Grid cloud community harnesses the expertise of Taleo customers and more than 200 million candidates and 100 partners and industry experts.

Forward-looking statement

This release contains forward-looking statements, including statements regarding the demand for Taleo's solutions, results from use of Taleo's solutions, Taleo's growth prospects 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 6, 2010, and in other reports filed by Taleo with the SEC.

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