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Taleo Recognized for Continued, Rapid Growth

Taleo’s growth recognized in Baseline Magazine’s 50 Fastest-Growing Software Companies and Deloitte’s Technology Fast 500

Dublin, Calif. – October 24, 2006 — Taleo (Nasdaq: TLEO), the leading provider of on demand talent management solutions, today announced continued recognition for its continued corporate growth.  Taleo was named to Baseline Magazine’s 50 Fastest-Growing Software Companies for 2006 and earned its third consecutive ranking on Deloitte’s prestigious 2006 Technology Fast 500 listing with a ranking of 282. 

Taleo’s growth from 2004-2005 earned it a spot as Baseline Magazine’s 44th Fastest Growing Software Company for 2006.  Rankings for the Deloitte Technology Fast 500 are based on percentage revenue growth over five years, from 2001–2005. Taleo grew 525 percent during this time period.

"This has been an exceptional awards year for Taleo.  We continue to be recognized for our outstanding products, on demand infrastructure, services and corporate growth, which is a testament to Taleo’s continued momentum in the talent management industry," said Michael Gregoire, president and CEO, Taleo. "Our growth is derived from our commitment to customer service, innovation and delivering solutions that help customers meet their business objectives."

Baseline Magazine, established in 2001 for senior IT and corporate management business leaders, created the 50 Fastest-Growing Software Companies list by compiling a list of 304 publicly held software companies from various sources. The companies were then ranked according to year-to-year revenue growth from 2004 to 2005. Only companies that generated more than $10 million in revenue in the calendar years 2004 and 2005 were considered. For more information about Baseline Magazine’s 50 Fastest-Growing Software Companies for 2006, please visit www.baselinemag.com.

The Deloitte Technology Fast 500 is a ranking of the fastest growing technology, media, telecommunications and life sciences companies in North America based on percentage fiscal year revenue growth over five years (2001–2005). For additional information on Deloitte’s Technology Fast 500 list, go to: http://www.fast500.com.

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.

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