Taleo's Talent Management Suite Powers Skanska with Talent Intelligence

By Taleo Corporation, PRNE
Tuesday, May 3, 2011

Leading Global Construction Group Architects Growth with Talent Intelligence

DUBLIN, California, May 4, 2011 - Taleo Corporation (NASDAQ: TLEO), the leading provider of on-demand
talent management solutions, today announced that Skanska, one of the world's
leading project development and construction groups with 52,000 employees
globally has selected Taleo's unified talent management solution to provide
valuable and necessary Talent Intelligence to power growth.

Skanska, headquartered in Sweden, was one of the early adopters of talent
management principles in 2003. Using Taleo's recruitment, performance
management, goal development, and career and succession planning, Skanska
will have an integrated and tailored approach to Talent Management.

"Skanska's key to success is our skilled people. Implementing a global
system for recruitment and Talent Management supports our goal of providing
excellent development for our current employees and great opportunities for
new talent coming to Skanska," said Veronica Rorsgard, Senior Vice President
for Human Resources at Skanska.

According to a McKinsey report, "Talent management practices power
engaged companies to achieve higher profit per employee by nearly 40%."(1) As
a result of using Talent Intelligence, Skanska will have improved visibility
into the talent that powers the organization, allowing them to better
understand how to recruit, retain and mobilize human resources for better
business performance. Taleo's platform provides a single, unified view of
talent across the organization, spanning the entire employee lifecycle.

By implementing Taleo's unified talent management suite, Skanska will be
able to recruit the best talent; successfully align their people to their
business objectives; provide an ongoing program of performance management and
employee coaching; develop effective succession planning and build leadership

"Many businesses have Talent Intelligence gaps which prevent them making
the best decisions about their workforce," commented Adam Brenner, Group Vice
President EMEA, of Taleo. "By closing the Talent Intelligence gap, they will
be able to recruit, train and retain the best people to drive growth in their

(1) Source: Why Multinationals Struggle to Manage Talent, McKinsey

About Taleo

Talent Intelligence: Know your people, Grow your Business(TM)

Taleo's (NASDAQ: TLEO) cloud-based talent management platform unites
products and an ecosystem to drive business performance through Talent
Intelligence. Over 5,000 customers use Taleo for talent acquisition,
performance, learning and compensation management, including 47 of the
Fortune 100. Further, Taleo's Talent Grid cloud community harnesses the
expertise of Taleo customers, more than 200 million candidates to date, and
140 partners and industry experts.

Forward-looking Statements

This release contains forward-looking statements, including statements
regarding the demand for and benefits from the use of Taleo's solutions. 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. 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
February 28, 2011, and in other reports filed by Taleo with the SEC.

Mary Jo Rose of Taleo Corporation, +1-925-452-3252, mrose at taleo.com

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