January 17, 2011 06:00 ET

U.S. General Services Administration Selects Taleo for Talent Management

DUBLIN, CA--(Marketwire - January 17, 2011) - Taleo Corporation (NASDAQ: TLEO), the leading provider of on-demand talent management solutions, today announced that the U.S. General Services Administration (GSA) has selected Taleo to support its expanding human capital strategy.

This award extends the GSA's use of Taleo's product suite to support the requirement for a Learning Management System (LMS). Through the use of the current LMS, Taleo provides GSA's 17,800 employees and contractors with a centralized web based education system, where the GSA community can participate in on-demand learning. The system provides access to thousands of web based courses, Instructor Led Training (ILT) and enrollments, and Web Conferencing.

Under the terms of the new contract, Taleo will develop and configure a competency management model for the Acquisition Workforce Division. This new competency management capability will assist GSA staff in determining and evolving their specific job qualification and training requirements. Additionally, it will provide GSA's supervisors, managers, and administrators with a sound approach for promoting and applying the appropriate education and development interventions, ultimately capitalizing on GSA's most important resource, its people.

"Public and private sector entities alike are recognizing the criticality of having insight into their people, their roles, and how to positively impact their overall performance," said Michael Gregoire, Chairman and Chief Executive Officer of Taleo. "The GSA remains on the forefront of online education and talent management within the Federal Government. As a result they will continue to validate the importance of knowledge and human capital, and will revolutionize what it means to make people an organization's number one asset."

For the fourth consecutive year, ELearning magazine honored Taleo with the 2010 Elearning Award for the Best Learning Management System. Taleo was also presented with the Excellence in LMS award at the 2010 Chief Learning Officer Learning in Practice Awards, which recognizes industry leaders who have demonstrated excellence in the design and delivery of workforce learning and development programs.

Taleo's solutions are uniquely suited to address some of today's greatest government challenges and enable agencies to successfully confront issues related to:

  • personnel succession
  • implementing a competency management solution
  • garnering adoption for talent management across a decentralized organization
  • providing access to HR analytics and reports to help improve organizational ROI
  • establishing access to a new educational system
  • replacing an existing performance or online training portal.

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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 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 140 partners and industry experts.

Forward-looking Statements

This release contains forward-looking statements, including statements regarding the demand for and benefits from the 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 release. Subsequent events may cause these expectations to change, and Taleo disclaims any obligation to update the forward-looking statements in the future. 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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