DEMAND SURGES FOR TALEO BUSINESS EDITION

Canadian businesses select Taleo Business Edition for eRecruiting
Dublin, Calif., — November 22, 2006 – Taleo (Nasdaq: TLEO), the leading provider of on demand talent management solutions, today announced the continued, rapid adoption of Taleo Business Edition in the small and mid-sized market (SMB). Taleo Business Edition is a feature rich, affordable and easy to deploy solution, and has been widely embraced by the SMB market.  Since its release in the spring of 2005, Taleo has amassed more than 500 new Business Edition customers, with more than 300 selecting Taleo to date in 2006. 

Taleo Business Edition brings the benefits of on demand talent management to small and mid-sized businesses that are underserved by other solutions in today’s market. Taleo Business Edition is a low cost, highly configurable solution that allows small and mid-sized organizations with 1 –  5,000 employees automate the entire recruiting process including the sourcing, assessment and selection of talent.

Taleo’s on demand architecture, state of the art technology and unmatched expertise in services and support have enabled companies to deploy a talent management solution much faster and at a lower cost than other products on the market.  More than 80 percent of Taleo Business Edition customers are up and running in a matter of days.

Taleo Business Edition Canadian customers include:  Alcan Packaging, MKS, Inc., lululemon athletica, Maple Leaf Sports, Corel, Sterling Hoffman, Curtiss Wright Controls, Northern Alberta Institute of Technology, GPBL and Coveo Solutions, Inc.

“Coveo chose Taleo Business Edition for many reasons including the ability to provide multiple career sites in both English and French and create a complete process for automated hiring,” said Laurent Simoneau, president and CEO, Coveo Solutions Inc.  “As a result, our company now uses the same hiring process in all our offices around the world.”

“Taleo has unmatched industry expertise and the ability to deliver quality products and services to our clients at a rate much faster than smaller vendors in the market,” said Michael Gregoire, president and CEO, Taleo.  “Our Taleo Business Edition customers are backed by Taleo’s recognized domain expertise and unmatched consulting services, as well as one the industry’s largest development organizations. Customers who choose Taleo can rely on our continued commitment not only to ongoing product innovation, but to the support of their growing and changing recruiting needs.”

A free trial of a live Taleo Business Edition production site can be made available within 24 hours. For more information, see http://www.taleo.com/solutions/business-edition-30daytrial.php.

About Taleo
Taleo (Nasdaq:  TLEO) delivers on demand talent management solutions that enable organizations of all sizes to assess, acquire, develop and align their workforce for improved business performance.  Taleo’s customers use its suite of solutions to improve their talent management processes to reduce the time and costs associated with these processes and to enhance the quality, productivity and satisfaction of their workforces.  Taleo currently has more than 720 corporate customers with approximately 750,000 registered users who use our services to fill positions in almost 100 countries.  For more information visit www.taleo.com.

About Coveo Solutions Inc.
Based on leading edge Microsoft technologies, and winner of the 2006 Microsoft Partner Regional Winning Customer Award, Coveo Enterprise Search delivers powerful and affordable value with out-of-the-box document level security, unparalleled accuracy, consumer style ease of use, and an implementation cycle of less than 24 hours. Whether it’s to meet regulatory compliance, improve customer response, protect intellectual property or improve organizational efficiencies up to 35%, Coveo Enterprise Search enables organizations to find, understand and take action on critical information located anywhere in the enterprise.  Coveo’s enterprise clients include AAA, AMN Healthcare, Emerson Climate Control, ESPN, International Paper, Hewlett Packard, Lockheed Martin, NATO, NASA, AC Nielsen, US Navy, Verizon and Yellow Pages Group (Canada).
For more information, and to test drive Coveo Enterprise Search free for 30 days, please visit www.coveo.com.

Forward-looking Statements
This release contains forward-looking statements, including statements regarding Taleo’s market growth, the demand for Taleo’s solutions, benefits 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 Item 1A of Taleo’s Annual Report on Form 10-K, as filed with the SEC on April 17, 2006, in Item 1A of Taleo's most recently filed Quarterly Report on Form 10-Q, and in other reports filed by Taleo with the SEC.

Media Contacts:                                        
Cameron Kenalty
High Road Communications
(416) 644-2253
ckenalty[at]highroad.com

Nathalie Bergeron
High Road Communications
(514) 908-0110 ext 308
nbergeron[at]highroad.com
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