Taleo Assessment Solution Named Product of The Year by HR Executive Magazine

Judges cite solution as “bold and innovative” addition to the Taleo Staffing Management Suite™

San Francisco, CA – October 4, 2004 – Taleo Corporation, the leading provider of staffing management services and solutions for organizations, today announced that the Taleo Assessment solution was named one of HR Executive Magazine’s Top Ten Products of the Year for 2004. Taleo Assessment was chosen as the winner based on the value it brings to organizations seeking to incorporate a detailed and flexible assessment strategy into the selection and staffing process, in addition to its high level of innovation. Taleo Assessment is the industry’s first, web native and flexible assessment solution incorporated into an overall staffing management technology, allowing companies to more freely and less expensively utilize assessments as a core part of the staffing process for new hires and internal transfers.

“Taleo Assessment has proven itself to be an extremely configurable, bold, innovative and cutting-edge solution for organizations looking to implement a comprehensive assessment strategy. I would like to congratulate Taleo on its recognition as one of our Top Ten Products of the Year,” said David Shadovitz, editor in chief, HR Executive Magazine.

“This award is a testament to the creativity and innovation of our solution development and management teams, as we remain committed to evolving and enhancing our solutions to meet the needs of our customers,” stated Louis Tetu, chairman and CEO, Taleo. “Taleo Assessment is the newest solution built into our Enterprise Staffing Management Suite and reflects our dedication to helping our customers generate additional value in the selection and staffing process. We take great pride in being recognized for the innovation and value-delivery of Taleo Assessment, and I would like to congratulate the entire Taleo team for this fine achievement.”

Formally introduced to the marketplace in June of 2004, the Taleo Assessment solution, built on the Taleo Enterprise Staffing Management Suite technology platform, provides organizations with the technology, services, content and tools to manage the right assessment strategy across the entire organization. Additionally, Taleo Assessment integrates validated assessment content from third-party providers, including customer proprietary assessments, as well as Taleo Industrial Psychologist developed validated assessments.

The Taleo Enterprise Staffing Management Suite™ is at work for more than 365,000 registered users in more than 85 countries and includes Taleo Professional™, Taleo Hourly™, Taleo Contingent™, Taleo Agency™, Taleo Workforce Mobility™, Taleo Retail™, Taleo Regulatory & Diversity™, Taleo Campus™, Taleo Assessment™, Taleo Integration™ and Taleo Staffing Metrics Reporter™. The company’s solutions can be applied to multiple business processes, business cycles, geographic regions, hiring types and staffing models.

About Taleo Corporation

Taleo Corporation (formerly Recruitsoft, Inc.), is the leading provider of enterprise staffing management solutions that enable organizations to establish, automate and manage worldwide staffing processes for salaried, hourly and temporary staff. Taleo customers use the company’s solutions to enhance the quality, productivity and satisfaction of their workforces. Taleo solutions incorporate resource allocation principles to more accurately match total labor demand and supply across organizations. Taleo customers include Dow Chemical, Honeywell, HP, Mercer Human Resource Consulting, P&G, Starbucks Corporation, SUEZ, UnitedHealth Group, Washington Mutual and Yellow Corporation, among many others. Taleo’s principal office is located in San Francisco, CA.

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