Taleo Revenues Jump 15 Percent

August 4, 2010 – Taleo/(NASDAQ:TLEO), a provider of on demand talent management solutions, has posted second quarter 2010 revenues of $56.3 million, a 15 percent increase from $49.2 million during the same period a year ago. The company recorded a loss of $1.4 million, or four cents per share, compared with a loss of $113,000, or break-even on a per-share basis, a year ago. During the quarter, Taleo signed 226 new customers, including 18 new Taleo Enterprise customers and 208 new Taleo Business Edition customers. “Businesses need insight on their people to power growth, and they are turning to Taleo to provide the software solutions and perspective needed to gain that insight,” said Michael Gregoire, chairman and CEO. “Our second quarter results are further validation that our talent intelligence framework is delivering value to nearly 4,700 companies around the world and is helping those customers power their businesses.”