October 21, 2010 06:00 ET

Taleo's Talent Intelligence Building Momentum in Europe

Leading Global Providers Pernod Ricard Group, Veolia Environment and Data Dimension Choose Taleo

DUBLIN, CA--(Marketwire - October 21, 2010) -  Taleo Corporation (NASDAQ: TLEO), the leading provider of on-demand talent management solutions, today announced that top European companies are choosing Taleo's talent intelligence solutions to increase insight and drive growth. These customers include Barco, Dimension Data, Pernod Ricard Group, Reed Elsevier, Roche and Veolia. Taleo's talent intelligence is building momentum as savvy CEOs and line of business managers are coming to recognize that the best appreciating asset in a knowledge economy is talent and that the right talent can drive a company's top and bottom line, more than any other investment. Two powerful examples include the Pernod Ricard Group and Veolia.

The Pernod Ricard Group, a world co-leader in the wines and spirits industry, owning some of the most prestigious brand portfolios in the sector, such as Absolut Premium Vodka, Jameson's Irish Whisky, Havana Club rum and Beefeater gin, chose Taleo's on-demand solutions to implement a cost-effective and transparent internal mobility strategy for its 19,000 employees. This initiative, coupled with the implementation of Taleo, will allow Pernod Ricard to strengthen its employer brand and boost employee engagement.

"Taleo's SaaS solutions offer both the ability to manage recruitment for a group our size and the flexibility of configuration that allows each of our subsidiaries to adapt the tool to their individual needs and circumstances," said Bruno Rain, Pernod Ricard's Managing Director, of Human Resources and Corporate Social Responsibility.

Veolia Environment the worldwide reference in environmental solutions provides tailored solutions to meet the needs of municipal and industrial customers in four complementary segments: water management, waste management, energy management and passenger transportation. Veolia has 310,000 employees and selected Taleo based on the company's experience with global projects in large international groups and for the product's ease of installation and robustness. Veolia Environment uses Taleo across the entire organization to unify its recruiting processes, boost internal mobility and improve HR communication.

"We are very pleased with the results we have achieved since going live with Taleo. Taleo fostered a true 'HR community' within Veolia Environment," said Helena Thrap-Olsen, HR Development and Sourcing Director for Veolia Environment.

Taleo is currently being implemented in Germany, Switzerland and Australia; plans include eventual expansion to all 74 countries where Veolia Environment is present. Taleo's simplicity of configuration allows each division to adopt the system quickly and easily, while adapting to and respecting local legal, cultural or linguistic specificities.

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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. 5,100 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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