October 27, 2004

Taleo Named One of Canada’s Top 100 Employers

Taleo awarded with distinction as top employer three years in a row

Quebec City, Canada – October 27, 2004 – Taleo Corporation, the leading provider of enterprise staffing management services and solutions, today announced that it has been named one of Canada’s Top 100 Employers for the third year in a row. In addition, Taleo was named one of Canada’s Top 10 Companies for ‘Young Bucks,’ which recognizes companies with a large number of employees in their mid-career who will benefit from opportunities of continued growth within the company. Taleo’s listing is the result of a national search involving more than 6,000 organizations across Canada. The Top 100 list is compiled by publishing firm, Mediacorp Canada Inc.

“We are very proud to be recognized as one of Canada’s Top 100 Employers, as we believe that our employees are our most important corporate asset,” stated Louis Tetu, chairman and CEO, Taleo. “This honor is a tribute to the dedication and hard work of our entire employee base who continually help make Taleo a great place to work. As an organization that helps companies achieve value through the workforce, we place significant importance on ensuring a positive culture of empowerment, shared challenges and innovation for our staff. The dedication of our employees is what allows us to be named to this list once again, and I would like to personally thank our entire staff for all of their contributions,” he added.

In surveying the candidates, Mediacorp started with an initial field of 52,000 companies across Canada and narrowed it down to 6,000 contenders who were then invited to submit detailed information on their company or organization. More than 1,000 employers started the application process, making Taleo’s ranking a significant achievement.

Key criteria that were reviewed as part of the awards process included demonstration of solid company growth, a positive and fun work environment, steady and useful internal communication, growth opportunities, enhanced benefits, and successful recruiting and retention efforts.

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, HP, Hyatt Hotels & Resorts, Mosaic Sales Solutions, Ontario Power Generation, Telus Mobility, Starbucks Corporation, among many others.

Taleo has received significant recognition during 2004 for its solutions, technologies and continued growth, including: “Top HR Product of the Year,” - HR Executive Magazine; “HR Technology Award for Creative & Innovative Development of HR Technology” - IQPC; “TecHR Award for Staffing Process and Content Delivery Technologies” - IDC and TecHR; “11th Fastest Growing Technology Company” - Deloitte Technology Fast 500; 7th Fastest Growing Technology Company in Silicon Valley” - Deloitte Fast 50; 23rd Fastest Growing Private Company in the Bay Area” - San Francisco Business Times; and “Software 500 Listing” - Software Magazine’s World’s Most Foremost Software and Services Leaders.

Press Contacts:
Krista Canfield
Tel: 415.905.4011
e-mail: kcanfield@horngroup.com


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