Taleo Posts 30 Percent Revenues Gain

August 3, 2009 – Taleo/(NASDAQ:TLEO), a provider of on demand talent management solutions, has posted second quarter 2009 revenues of $49.2 million, a 30 percent increase from $37.9 million during the same period a year ago. The company recorded GAAP net income of $234,000, or $0.01 per fully diluted share, compared to a net loss of $45,000 a year ago. During the quarter, Taleo signed 146 new customers, including 12 new enterprise customers and 134 new business edition customers. “Businesses of all sizes are taking a new look at priorities and ROI, and are recognizing the value of talent management products and practices to their success,” said Michael Gregoire, chairman and CEO. “We are seeing this in the growing adoption of our unified set of talent management software solutions, as Taleo transforms and leads the industry.”