Human Resources: Taleo Announces Availability of Taleo Business Edition 7.5 E-Recruiting Solution

Dublin, CA – December 12, 2006 - Taleo Corporation (NASDAQ: TLEO), the leading provider of talent management solutions, today announced the release of Taleo Business Edition 7.5, its on demand talent management solution designed specifically for small and mid-sized businesses. Available immediately, Taleo Business Edition 7.5 features several upgrades to the systems technical infrastructure to support its rapidly growing customer base as well as a significant number of customer driven feature enhancements.

“As the recognized leader in on demand talent management, our customers expect us to keep them out in front of emerging technologies,” says Brad Benson, Taleo’s EVP of Products and Technology. “This release reaffirms our commitment offering innovative solutions that bring the same leading-edge technologies and best practices to our small and mid sized customers as our larger enterprise clients.”
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.

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 – 3,000 employees automate the entire recruiting process including the sourcing, assessment and selection of talent.

Taleo Business Edition 7.5 features several enhancements to the application’s already robust candidate management and technology infrastructure. Key highlights of the release include:

• RSS Enabled Job Agents
With Taleo Business Edition 7.5, RSS has been enabled on all career site job search results enabling candidates to be pro-actively notified of new positions that they are interested in as they become available and speeding up the sourcing process for hiring companies by notifying interested candidates. RSS (Real Simple Syndication) is rapidly becoming the standard by which information is subscribed to and syndicated online. Today’s latest browsers including Internet Explorer 7 and Firefox and thousands of RSS reader software are available to view information syndicated in this form, including readers built into Yahoo Email, Google, and Microsoft Office Live among others.

• Enhanced Connectivity
With Taleo Business Edition 7.5, customers can now leverage the newly launched Taleo Connect Client to integrate with their other business applications such as their HR and Payroll systems. The Taleo Connect Client offers an open set of powerful, object-oriented integration tools for customers wanting the convenience and lower cost of ownership of a self-supported integration. With Taleo Connect Client and Taleo’s Web Services API, customers can create, monitor, and maintain their own import and export scripts using drag and drop tools with no coding required. Taleo Connect Client makes integrations to data warehouses, HRIS, and financial systems easy to build and modify, even for smaller companies, without having to rely upon an army of technical staff or outside consultants.

• Improved Parsing with Resume Mirror
Taleo Business Edition 7.5 now includes industry leading Resume Mirror parsing engine that improves speed, accuracy in searching through candidate’s resumes. The parsing technology is the same high performance, high intelligence resume extraction technology that is incorporated in Taleo Enterprise Edition, Taleo’s talent management solution for large enterprises. Taleo Business Edition customers will also be able to take advantage of improved support for international phone, data, and address formats.

• Expanded Global Capabilities
Taleo Business Edition 7.5 in now available in four languages – Spanish, German, French and English - to support international customers and global implementations.

Taleo Business Edition Version 7.5 also delivers a number of customer driven enhancements, such as a rich text job editor, improved candidate prescreening, group interview scheduling, and streamlined usability and navigation.
For a more details about Taleo Business Edition please visit www.taleo.com/solutions/business-edition-solutions. Taleo Business Edition 7.5 is available now and offers a 30 Day Free Trial, which is accessible by www.taleo.com/solutions/business-edition-30daytrial. Pricing for Taleo Business Edition starts at $99 per month.

About Taleo
Taleo (NASDAQ: TLEO) delivers on demand talent management solutions that enable organizations of all sizes, around the world, to assess, acquire, develop, and align their workforce for improved business performance. More than 720 organizations use Taleo to recruit and retain top talent with 750,000 users processing 50 million candidates from 100 countries. Requiring no capital investment, software as a service and on demand delivery offer 99.9% availability and 100% accountability. For more information visit www.taleo.com.

Forward-looking Statements
This release contains forward-looking statements, including statements regarding Taleo’s future financial performance, market growth, the demand for 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 Quarterly Report on Form 10-Q, as filed with the SEC on November 14, 2006, and in other reports filed by Taleo with the SEC.