Taleo Named to Software Magazine’s 22nd Annual Software 500

Software Magazine Ranks Taleo as one of the World's Largest Software Companies

San Francisco, CA – September 23, 2004 – Taleo Corporation, the leading provider of staffing management services and solutions for large organizations, today announced its inclusion on the Software 500, Software Magazine's list of the world's foremost software and services providers, published as an online catalog on www.Softwaremag.com. Taleo Corporation was ranked Number 265, with 2003 software and services revenue of $43.6 million.

"The software industry remains extremely dynamic, with 140 new companies appearing on the 2004 Software 500 list. Overall results were mixed but total revenue for the 500 was up 14% and total employment up 8%, says John P. Desmond, Editor of Software Magazine and Softwaremag.com. "Sectors strong this year include security, business process management and system integration services including outsourcing services. Site visitors will notice changes to the Software 500 online this year that make it easier to navigate. Our aim is to help CIOs, senior IT managers and IT staff research their partner options and that is a valuable service."

The Software 500 is a revenue-based ranking of the world's largest software and services suppliers targeting enterprise IT organizations. The list includes both private and public companies; 30% of the 2004 Software 500 companies are private. The Software 500 is a worldwide list in that any company may submit financial and product information via the annual Software 500 survey, conducted 100% on the Web.

The ranking is based on total worldwide software and service revenue for 2003. This includes revenues from software licenses, maintenance and support, training and software-related services and consulting. Suppliers are not ranked on their total corporate revenue, since many have other lines of business, such as hardware. The financial information was gathered by a survey prepared by King Content Co. and posted at www.Softwaremag.com, as well as from public documents.

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 complex 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.

About Softwaremag.com, The IT Software Journal

Softwaremag.com, The IT Software Journal, is the Web publishing effort of Software Magazine, a brand name in the industry for over 20 years. Softwaremag.com is the online catalog to enterprise software and the home of the Software 500 ranking of the world's largest software and services companies, now in its 22nd year. Software Magazine and Softwaremag.com are owned and operated by King Content Co., the Web content development and publishing firm run by John P. Desmond.

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Krista Canfield
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