Report highlights Taleo's completeness of vision and strong ability to execute

Taleo Corporation (NASDAQ: TLEO), the provider of on demand talent management solutions, today announced that it has been positioned in the Leaders Quadrant of the 2006 Gartner Magic Quadrant for E-Recruitment Software authored by James Holincheck and published on November 28, 2006.

According to the report, "Leaders in the e-recruitment software market have products that can meet the challenges presented by large, complex global organisations. These vendors have a well-articulated strategy that includes deeper focus or talent acquisition or a broader focus on talent management."

"We are honoured and excited to be positioned in the Leaders Quadrant by Gartner," said Michael Gregoire, president and CEO, Taleo. "Taleo's comprehensive and innovative on demand talent management software has been the solution of choice for more than 720 leading organisations worldwide to assess, acquire, develop, and align their workforce for improved business performance."

More than 30 Fortune 100 corporations, companies with thousands of workers, and high growth organisations with hundreds of employees use Taleo Enterprise Edition™ to consistently manage professional, hourly, and contingent workers from a single platform across multiple countries, brands, and hire types. Taleo Business Edition™ enables small and medium organisations with hundreds or thousands of employees to rapidly set up online career sites to support standalone departments, divisions, small to medium sized businesses, or staffing companies.

Due to the maturing market, Gartner, Inc. produced a Magic Quadrant for e-recruitment software vendors that offer Internet recruitment applications for the complete requisition-to-hire process to companies with more than 2,500 employees. The report covers the current state of e-recruitment, including a market overview, definition of effectiveness, market description, and evaluation criteria. The 2006 Gartner Magic Quadrant for E-Recruitment Software (ID Number: G00143521) is be available at www.gartner.com and on Taleo's website at: