SOURCE: Taleo Corporation

Taleo Corporation

June 15, 2009 10:36 ET

Top Companies Select Taleo to Remain Successful in Today's Dynamic Business Environment

Henry Schein, Zions Bancorporation and Kinetic Concepts Choose Taleo to Cut Costs, Not Capabilities, in Hiring and Retaining the Best Quality Workforce

DUBLIN, CA--(Marketwire - June 15, 2009) - Taleo Corporation (NASDAQ: TLEO), the leader in on-demand talent management solutions, today announced that leading businesses around the globe are selecting its software solutions to get a unified view of their workforce and gain actionable insights into talent management practices. Taleo's customers include 4 of the top 5 health insurance providers, 4 of the top 10 retail organizations and 7 of the top 10 financial services firms.

Three recent additions to Taleo's customer roster include Henry Schein, a worldwide distributor of medical, dental and veterinary supplies, Zions Bancorporation, which operates approximately 500 banking offices across the US, and Kinetic Concepts, a global medical technology company. Both Henry Schein and Kinetic Concepts will deploy the solution globally.

All three organizations have selected Taleo Recruiting™ to address their recruitment needs, while cutting costs, driving efficiencies and increasing workforce productivity. Taleo was selected as a result of its strong global capabilities, unique approach to integration, and proven global implementation and support experience.

In a recent global survey by PricewaterhouseCoopers, 97% of CEOs cited finding and retaining the right employees as the top strategic advantage in moving their businesses forward. Indeed, market leaders choose Taleo to improve workforce quality, increase engagement and retention, and optimize the flow of talent into and throughout their organizations. By implementing Taleo's on-demand solutions, companies can automate workforce management processes, accelerate time to productivity and align talent management initiatives to business objectives.

"All around the globe, smart talent management is becoming a priority for managers on up to the boardroom," said Michael Gregoire, Chairman and CEO of Taleo. "Leading companies recognize that they must be better equipped to hire effectively and efficiently in order to contain costs, and boost workforce productivity in this business environment."

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. More than 4,000 organizations use Taleo for talent acquisition and performance management, including 48 of the Fortune 100 and over 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 offers 99.9% availability. Taleo's Talent Grid harnesses 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 May 11, 2009, and in other reports filed by Taleo with the SEC.

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