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Taleo Business Edition Continues Unrivaled Customer Growth for Small and Mid-Sized Markets

DUBLIN, Calif. Feb. 10, 2011

The company reported record-breaking growth in new business with over 900 new customers, a greater than 50 percent increase over the previous year. Taleo sales records signify that smaller businesses continue to embrace talent management solutions once solely the hallmark of Enterprise-level organizations.

Nebraska

Courtney M. Meyer

New quarterly product offerings in 2010 and the acquisition of Learn.com further sealed Taleo’s commitment to providing small businesses with a fully-integrated talent management suite of recruiting, performance, succession, compensation and learning capabilities.

Taleo Insight was launched, providing new reporting and analysis capabilities including more comprehensive standard reports, ad-hoc reporting with a custom report builder, dashboards, scheduling and security features to control access to confidential information. Taleo Business Edition gained new sourcing capabilities with the introduction of Taleo Talent Exchange™, the leading community marketplace for helping recruiters secure high quality candidates across multiple industries and disciplines. Additionally, Taleo Business Edition also added 360-degree multi-rater reviews to its Performance Management platform. With 360-degree reviews, employees can gather more comprehensive feedback with assessments from subordinates, peers and supervisors.

Michael Boese

Taleo’s momentum also included the acquisition of Learn.com, a leading next generation provider of social and formal learning solutions. With the purchase Taleo became the industry’s only company to offer best-in-class solutions across all four pillars of a talent-optimized organization: recruiting, performance, compensation and learning management.

About Taleo

Taleo’s (NASDAQ: TLEO) cloud-based talent management platform unites products and an ecosystem to drive business performance through talent intelligence. Approximately 5,100 customers use Taleo for talent acquisition, performance, learning, and compensation management, including 47 of the Fortune 100. Further, Taleo’s Talent Grid cloud community harnesses the expertise of Taleo customers, more than 200 million candidates, and 140 partners and industry experts.

Forward-looking Statements

November 5, 2010

SOURCE Taleo Corporation

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