Taleo Named Silicon Valley's 16th Fastest Growing Software & Information Technology Company
Deloitte Technology Fast 50 program ranks Taleo among the world’s largest technology companies in Silicon Valley
Dublin, Calif. – October 31, 2006 — Taleo, the leading provider of on demand talent management solutions, today announced that it has been named Silicon Valley’s 16th fastest growing technology company in the Deloitte Technology Fast 50 Program.
The Deloitte Technology Fast 50 Program for Silicon Valley is a ranking of the fastest growing technology, media, telecommunications and life sciences companies in the area by Deloitte & Touche USA LLP, one of the nation’s leading professional services organizations. Rankings are based on the percentage revenue growth over five years from 2001–2005. During this time, Taleo grew 525 percent.
“Deloitte’s Silicon Valley Technology Fast 50 companies have shown the strength, vision and tenacity to succeed in today’s very competitive technology environment,” said Mark Jensen, National Director of the Venture Capital Services Group for Deloitte & Touche LLP in San Jose. “We applaud the successes of Taleo and acknowledge it as one of the very few to accomplish such a fast growth rate over the past five years.”
“We are honored to be recognized once again for our solid growth over the past five years,” stated Michael Gregoire, president and CEO, Taleo. “Silicon Valley is home to the world’s most successful and well recognized technology companies, making this accomplishment all the more significant. Taleo’s commitment to the software on demand model, operational excellence, and customer satisfaction along with our ability to deliver award winning talent management solutions will continue to contribute to our ongoing growth in the industry.”
Taleo has received significant recognition during 2006 for its solutions, technologies and continued growth, including: “Top HR Product of the Year,” - HR Executive Magazine; “50 Fastest Growing Software Companies” – Baseline Magazine; “CIO 100 Award” – CIO Magazine, “Enterprise All-Star Award” – Network World magazine; “Most Innovative Solution Provider” – hr Gov Conference; “Software 500 Listing” - Software Magazine’s World’s Most Foremost Software and Services Leaders, among several others.
About Deloitte
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Deloitte & Touche USA LLP is the US member firm of Deloitte Touche Tohmatsu. In the US, services are provided by the subsidiaries of Deloitte & Touche USA LLP (Deloitte & Touche LLP, Deloitte Consulting LLP, Deloitte Financial Advisory Services LLP, Deloitte Tax LLP and their subsidiaries), and not by Deloitte & Touche USA LLP.
About Taleo
Taleo (NASDAQ: TLEO) delivers on demand talent management solutions that enable organizations of all sizes to assess, acquire, develop, and align their workforce for improved business performance. Taleo’s customers use its suite of solutions to improve their talent management processes to reduce the time and costs associated with these processes and to enhance the quality, productivity, and effectiveness of their workforces. Taleo currently has more than 620 customers with approximately 750,000 registered users who use our services to fill positions in almost 100 countries. For more information visit: www.taleo.com.
Forward-looking Statements
This press release contains forward-looking statements, including anticipated results and benefits from use Taleo solutions and demand for Taleo solutions. For purposes of the Private Securities Litigation Reform Act of 1995 (the “Act”) Taleo disclaims any intent or obligation to update these forward-looking statements, and claims the protection of the Safe Harbor for forward-looking statements contained in the Act. Actual results may differ materially from those projected in such forward-looking statements. Investors should consult Taleo’s filings with the Securities and Exchange Commission for further information regarding these and other risks of the Company’s business.
Press Contacts:
Krista Canfield
Tel: 415.905.4011
e-mail: kcanfield@horngroup.com