Taleo Corporation Expands to New Global Headquarters in San Francisco's East Bay
Taleo triples the size of former headquarters to support business growth
Dublin, CA – July 5, 2006 — Taleo Corporation (Nasdaq: TLEO), the leading provider of on demand talent management solutions, today announced the expansion and move of its corporate headquarters to San Francisco’s East Bay.
Located just outside San Francisco in the heart of the country’s famous East Bay technology corridor, Taleo’s new headquarters includes nearly 35,000 square feet of office space to accommodate its expanded operations and growing customer base. As a lead tenant in a prestigious technology environment, Taleo has positioned itself for current and future growth in one of the most talent rich and accessible addresses in California.
Taleo’s new headquarters features a 5,000 square foot world class customer visit and training center, providing customers with a comfortable, high-tech environment to hold meetings, share talent management best practices and meet with Taleo executives. The training room was custom built to conduct interactive, hands on training led by Taleo University to help customers maximize the business performance and ROI from Taleo’s talent management solutions.
"The increasing market demand for talent management solutions, our solid quarter over quarter financial results and increased new customer acquisition has fueled Taleo’s success and set the stage for our continued growth,” said Michael Gregoire, president and CEO, Taleo. “As a result, we needed space that would support this growth as we continue to build a world class technology company with the most enviable customer list in the industry. Our new headquarters represents our commitment to maintain a spirited, collaborative atmosphere for our employees and customers that will continue to fuel our development and drive our customer’s success.”
Taleo’s new corporate headquarters are designed to reflect and promote Taleo’s collaborative and creative work ethic and commitment to operational excellence and customer success. In addition to the customer visit and training center, Taleo’s new office also features eight additional conference rooms with video conferencing capabilities, multi media centers, and open, collaborative work areas for impromptu meetings.
“We are committed to acquiring and retaining top talent that will take an active role in Taleo’s continued success and business performance,” said Debbie Shotwell, group vice president, talent and people, Taleo. “Our new office not only provides our employees with an environment that fosters collaboration and creativity, but also gives us access to a local talent pool, overflowing with some of the most reputable software professionals in the industry that will help drive our continued growth. We look forward to building our workforce with the most talented professionals to meet the continued needs of our business and our customers.”
The company’s new address is 4140 Dublin Boulevard, 4th Floor, Dublin, California, 94568. Taleo’s main number for its global headquarters is 925-452-3000. Its general toll free number remains as 1-888-836-3669.
About Taleo Corporation
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 518 customers with approximately 588,000 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 growth and performance of Taleo. 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