SOURCE: Taleo Corporation

Taleo Corporation

August 21, 2009 07:00 ET

Taleo to Ring NASDAQ Opening Bell

Marks 10th Anniversary and Ushers in a New Decade of Talent-Driven Performance

DUBLIN, CA--(Marketwire - August 21, 2009) - Taleo Corporation (NASDAQ: TLEO), the leading provider of on-demand talent management solutions, will ring the Opening Bell of the NASDAQ stock market today. The event will take place at 9:30 am EDT at the NASDAQ MarketSite in New York City.

The bell ringing event caps Taleo's first decade of providing best-in-class talent management solutions to the world's leading employers, including nearly half of Fortune 100, 30% of the Global 100, 40 of BusinessWeek's "Best Places to Start a Career" and 21 of Fortune's "Best Places to Work."

"Talent management practices and technology have come a long way since we last rang the NASDAQ bell in 2005, when Taleo went public," said Michael Gregoire, Chairman and CEO of Taleo. "At the dawn of the talent management software market, smart companies tapped technology to gain better efficiencies in recruiting and hiring. Today's agile organizations are driving competitive advantage and growth with strategic talent management to better understand their key contributors and develop their highest potential contributors."

A live video webcast of the bell-ringing ceremony will be available on Nasdaq.com at http://www.nasdaq.com/about/marketsitetowervideo.asx and a 30-second company video will play on the 7-story NASDAQ Tower from 9:00 am to 10:00 am EDT day of the ceremony.

About Taleo

Taleo (NASDAQ: TLEO) is the leader in on-demand unified talent management solutions that empower organizations of all sizes to assess, acquire, develop and align their workforces 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.

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