Taleo Rated #1 in Talent Management in Annual Software 500 Ranking
For the second year in a row, Taleo earns top spot as the largest talent management provider in Software Magazine’s Software 500
FRANCISCO — November 10, 2005 – Taleo Corporation (Nasdaq: TLEO), the leading provider of on demand talent management solutions, today announced its second consecutive ranking as the largest on demand talent management provider in the Software 500.
The Software 500 is Software Magazine’s annual list of the world’s largest software and service providers. Taleo ranked Number 256 with software and services revenue of $58.7 million in 2004, increasing its standing by ten positions from the year prior.
“Our Software 500 ranking, combined with our record Q3 results, proves that we are once again the market leader in talent management,” stated Michael Gregoire, president and CEO, Taleo. “Our continued growth is the outcome of our commitment to the ongoing success of our customers’ talent management initiatives. We look forward to continuing to deliver innovative on demand solutions that drive enterprise value and performance for our customers.”
“The 2005 Software 500 results reflect shifts in the U.S. and world economies towards companies offering integration services and software as a service,” stated John P. Desmond, editor, Software Magazine and Softwaremag.com. “Taleo has demonstrated its solid growth and leadership position as one of the world’s largest software as a service companies, through both solid financial results and new customer acquisition. We congratulate them on their prestigious ranking two years in a row.”
Recently, Taleo also announced it ranked in the top 20 percent of the Deloitte Technology Fast 500, a ranking of the fastest growing technology companies in North America. Taleo was also ranked the 12th fastest growing technology company in Silicon Valley.
About Taleo Corporation
Taleo Corporation (NASDAQ: TLEO) delivers on demand talent management solutions that enable organizations of all sizes to recruit, assess and manage their workforces 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 satisfaction of their workforces. Taleo currently has more than 350 corporate customers with approximately 500,000 registered users who use our services to fill positions in almost 100 countries.
Press Contacts:
Krista Canfield
Tel: 415.905.4011
e-mail: kcanfield@horngroup.com