Press Releases

Blockbuster Selects Taleo Corporation to Assist With Store Employee Hiring

Talent management firm to support Blockbuster’s recruiting and retention efforts

Dublin, CA  – August 1, 2007 - Taleo Corporation (NASDAQ: TLEO), the leading provider of talent management solutions, today announced that Blockbuster Inc., a leading global provider of in-home entertainment, has significantly expanded its existing relationship with Taleo by selecting Taleo Enterprise Edition to help it recruit the best talent for its 4,000 U.S. company-operated stores.

Blockbuster chose Taleo Enterprise Edition to replace its existing solution earlier this year based on the product’s flexibility and configurability, and its single platform designed to streamline Blockbuster’s high volume recruitment process, reduce the time to hire and provide store managers with a user-friendly hiring experience.  Taleo’s next generation ACE Retail Assessment 2.0 selection content provides a confidential, paperless application process that matches the overall job duties with an employee’s background, allowing Blockbuster to identify and hire staff that best fit the company’s job requirements. 

“We pride ourselves on hiring bright, creative employees that are passionate about movies and games,” said Jane Gray, director of recruiting for Blockbuster. “We analyzed the products in the marketplace, and we were impressed by Taleo’s success in retail and particularly with its tailored assessment testing approach.  We believe this alliance will allow us to upgrade our store hiring solutions using next generation technology that will enable us to attract and identify a pool of employees who are a good fit with the company and will meet our high standards for customer service.”

“We are thrilled that Blockbuster chose Taleo Enterprise Edition as its talent management solution, and we look forward to helping the company enhance its hiring processes,” said Michael Gregoire, CEO and president of Taleo. “Too often, recruiting for hourly retail positions is paper-intensive and time-consuming.  Our focus on solving this challenge for companies has resulted in hourly/retail becoming one of the fastest growing industries fueling Taleo’s significant growth.”

Taleo Enterprise Edition is the industry leading on-demand solution that helps hundreds of large enterprises manage and source professional, hourly and contingent workers from a single integrated platform with Enterprise consistency yet unprecedented local and brand flexibility. The latest version Taleo 7.5 was introduced last month, features Web 2.0 technologies and includes hundreds of enhancements that improve talent management processes for recruiters, hiring managers and job candidates.

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 1,000 organizations use Taleo to recruit and retain top talent with 900,000 users processing 60 million candidates from 100 countries. Requiring no capital investment, software as a service and on demand delivery offer 99.9% availability.

Forward-looking Statements
This release contains forward-looking statements, including statements regarding Taleo’s new product development, 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 March 16, 2007, in Item 1A of Taleo’s Quarterly Report on Form 10-Q, as filed with the SEC on May 10, 2007, and in other reports filed by Taleo with the SEC.

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Press Contacts:
Krista Canfield
Tel: 415.905.4011
e-mail: kcanfield@horngroup.com