Report highlights Taleo’s completeness of vision and strong ability to execute
Dublin, California — December 4, 2006 – Taleo Corporation (NASDAQ: TLEO), the leading provider of on demand talent management solutions, today announced that it has been positioned in the Leaders Quadrant of the 2006 Gartner Magic Quadrant for E-Recruitment Software authored by James Holincheck and published on November 28, 2006.
According to the report, “Leaders in the e-recruitment software market have products that can meet the challenges presented by large, complex global organizations. These vendors have a well-articulated strategy that includes deeper focus or talent acquisition or a broader focus on talent management.”
“We are honored and excited to be positioned in the Leaders Quadrant by Gartner,” said Michael Gregoire, president and CEO, Taleo. “Taleo’s comprehensive and innovative on demand talent management software has been the solution of choice for more than 720 leading organizations worldwide to assess, acquire, develop, and align their workforce for improved business performance.”
More than 30 Fortune 100 corporations, companies with thousands of workers, and high growth organizations with hundreds of employees use Taleo Enterprise Edition™ to consistently manage professional, hourly, and contingent workers from a single platform across multiple countries, brands, and hire types. Taleo Business Edition™ enables small and medium organizations with hundreds or thousands of employees to rapidly set up online career sites to support standalone departments, divisions, small to medium sized businesses, or staffing companies.
Due to the maturing market, Gartner, Inc. produced a Magic Quadrant for e-recruitment software vendors that offer Internet recruitment applications for the complete requisition-to-hire process to companies with more than 2,500 employees. The report covers the current state of e-recruitment, including a market overview, definition of effectiveness, market description, and evaluation criteria. The 2006 Gartner Magic Quadrant for E-Recruitment Software (ID Number: G00143521) is be available at www.gartner.com and on Taleo’s website at www.taleo.com/MagicQuadrant.
About the Gartner Magic Quadrant
The Magic Quadrant is copyrighted November 2006 by Gartner, Inc. and is reused with permission. The Magic Quadrant is a graphical representation of a marketplace at and for a specific time period. It depicts Gartner's analysis of how certain vendors measure against criteria for that marketplace, as defined by Gartner. Gartner does not endorse any vendor, product or service depicted in the Magic Quadrant, and does not advise technology users to select only those vendors placed in the "Leaders" quadrant. The Magic Quadrant is intended solely as a research tool, and is not meant to be a specific guide to action. Gartner disclaims all warranties, express or implied, with respect to this research, including any warranties of merchantability or fitness for a particular purpose.
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.
For more information contact:
Donna Araujo
High Road Communications
(416) 644-2283
daraujo[at]highroad.com
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