Taleo Partners Line Up to Support Solutions Exchange
Partners Plug Into Taleo's Talent Grid; Wide Ranging Content and
Services Will Be Available to Taleo Customers
CHICAGO, IL--(Marketwire - October 15, 2008) - HR Tech Expo -- Taleo
Corporation (NASDAQ: TLEO), the leading provider of on-demand talent
management solutions, today announced that it is expanding its
community of partners and is lining up increased support of its
Solutions Exchange. Solutions Exchange will be the Talent Management
industry's broadest collection of content, service, and solutions
providers for helping companies find, attract, screen, employ, engage
and compensate their most valuable assets, their employee talent. The
Solutions Exchange will be the first of three dynamic communities
Taleo recently announced as part of its Cloud Computing strategy --
the Talent Grid -- to foster a robust, interactive Talent Management
community. The other two exchanges, Talent Exchange and Knowledge
Exchange, will be initiated within the next year.
The Solutions Exchange will be comprised of a core set of over 50
existing partners, across six main categories supporting talent
management: Assessments & Surveys, Background and Reference Checking,
Consulting and Content, HRO & RPO, Sourcing and Tax Credit Screening
and Processing. The Solutions Exchange was established to provide
customers with "one click" access to a broad set of services and
content to so that they can configure their unique talent acquisition
and performance management processes as needed.
Partners in the Solution Exchange will use Taleo's Passport
integration foundation to make their products easily available to
customers.
Today, the company announced agreements with six strategic partners
to participate in the Solutions Exchange:
-- SHL: Operating in over 50 countries in 30 languages, offers the
world's largest portfolio of assessment tools to help organizations improve
quality of hire, increase productivity and gain a competitive advantage
through improved people performance.
-- First Advantage: The first Taleo premier partner with multiple
Passport certifications for tax credit screening, background checking, and
assessments; provides customers with a one-stop set of screening and
assessment services.
-- eQuest: Offering strategic, global service and support for management
of job board services including distribution, analysis and consulting.
Taleo customers have exclusive rights to aggregate job board posting
analytics gathered from other Taleo customers through the Talent Grid and
eQuest's award winning Prophesy 3 (P3) analytics suite. As part of the
planned Talent Knowledge Exchange, Taleo and eQuest will also form an
eQuest Special Interest Group.
-- Acxiom: The first key alliance partner of Vurv to move into Taleo's
solutions program, Acxiom will be a Passport Certified Network Partner
providing Vurv customer conversion assistance to the Taleo platform.
-- Jobs2web: Helps companies attract, interact and hire qualified
candidates by using Web 2.0 technologies to build talent communities.
-- PSI: Leader in cognitive testing plugs into Talent Grid to offer Taleo
customers convenient access to over 800 testing facilities in the U.S.
"Taleo's strategic partnerships, combined with their new vision of
cloud computing for talent management, the Talent Grid, keep Taleo at
the forefront of the human capital market as a thought leader," said
Brad Reback, managing director, Oppenheimer & Company.
"Corporate recruiting and talent management require broad and deep
functionality in the areas of assessment and screening, competency
management, process outsourcing, and learning content," said Josh
Bersin, president of Bersin & Associates, a research and advisory
firm focused on enterprise learning and talent management. "Taleo's
Talent Grid is an innovative program that gives Taleo customers the
ability to implement end-to-end recruiting and talent management
solutions built upon the Taleo platform."
About Taleo
Taleo (NASDAQ: TLEO) is the leader in on-demand unified talent
management solutions that empowers organizations of all sizes to
assess, acquire, develop and align their workforce for improved
business performance. More than 3,600 organizations use Taleo for
talent acquisition and performance management, including 47 of the
Fortune 500 and more than 2,900 small and medium sized businesses,
across 200 countries and territories. Known for its strong
configurability and usability, Taleo's talent management platform
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 press release contains forward-looking statements, including
statements regarding the expected benefits and results from using
Taleo's products and services. 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 release. 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 I, Item 1A of Taleo's
Annual Report on Form 10-K, as filed with the SEC on March 14, 2008,
Part II, Item 1A of Taleo's Quarterly Report on Form 10-Q, as filed
with the SEC on August 11, 2008, and in other reports filed by Taleo
with the SEC.
Media Contact:
Jaime Spuhler
Tel: 904.493.8851
E-mail: jspuhler@taleo.com
This announcement was originally distributed by Hugin. The issuer is
solely responsible for the content of this announcement.
