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Taleo Showcases Product and Perspective at Annual User Group Conference in Hong Kong
Taleo 10 Talent Management Solution and Talent Grid “Cloud Community" Highlighted for Annual Gathering of APAC Region Customers, Partners and InfluencersHong Kong – October 19, 2009 – Taleo (NASDAQ:TLEO), the leading provider of on-demand talent management solutions, today announced that it will showcase its next generation talent management solution Taleo 10™, which includes the online Talent Grid community, at its annual Asia Pacific Regional User Group Conference in Hong Kong tomorrow.
Taleo 10 delivers one holistic Talent Management solution with an integrated online community of expertise, to help make great talent management insightful, easy and accessible for companies of all sizes. With an intuitive, easy-to-use interface, Taleo 10 features recruiting, new development planning and powerful analytics – all available via the most popular mobile and social networking platforms.
The Talent Grid, made up of three online exchanges, is the first and only cloud-based community of its kind in the talent management space and provides a forum for sharing best practices, industry solutions and matching up the world’s top jobs with the best talent.
Visiting from North America to launch the Regional User Group Conference, Guy Gauvin, Taleo’s Executive Vice-President of Global Services, said Taleo 10 is a step forward in innovating talent management technology with web-based products.
“Taleo 10 is designed for speed, collaboration and ease of use, so it becomes a natural part of the business management process,” he said. “Web 2.0 is all about connecting and collaborating. If you use Facebook, Wikipedia or YouTube, you know that the more people participate and provide interesting content, the more value any particular site has to everyone else. Taleo is leveraging that same idea and applying it through the Talent Grid.”
The Talent Grid includes three components:
• Solution Exchange – a powerful integration platform and large ecosystem of “pre-integrated” partner solutions that enable customers to rapidly extend the value of their Taleo investment with a highly diverse set of products and services.
• Talent Exchange – a collaborative online marketplace where candidates and companies connect.
• Knowledge Exchange – an online customer community that brings together Talent Management best practices, methodologies and domain expertise from customers and experts in dozens of industries around the world.
About Taleo
Taleo (NASDAQ: TLEO) is the leader in on demand unified talent management solutions that empower organizations of all sizes to understand and engage their best talent for improved business performance. More than 4,100 organizations use Taleo for talent acquisition and performance management, including 46 of the Fortune 100 and over 3,400 small and medium sized businesses across 200 countries and territories. Known for its strong configurability and usability, Taleo runs on a world-class infrastructure and offers 99.9% availability. Taleo's Talent Grid harnesses the resources of the Taleo community of customers, candidates, and partners to power the talent needs of companies around the world.
Forward-looking Statements
This release contains forward-looking statements, including statements regarding the demand for Taleo's solutions and results from use of Taleo’s solutions. Any forward-looking statements contained in this press release are based upon Taleo's historical performance and its current plans, estimates and expectations and are not a representation that such plans, estimates, or expectations will be achieved. These forward-looking statements represent Taleo's expectations as of the date of this press announcement. Subsequent events may cause these expectations to change, and Taleo disclaims any obligation to update the forward-looking statements in the future. These forward-looking statements are subject to known and unknown risks and uncertainties that may cause actual results to differ materially. Further information on potential factors that could affect actual results is included in Part II, Item 1A of Taleo’s Quarterly Report on Form 10-Q, as filed with the SEC on August 7, 2009, and in other reports filed by Taleo with the SEC.
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