Simply Hired Partners with Taleo to Extend the Taleo Talent Exchange

MOUNTAIN VIEW, Calif.--(BUSINESS WIRE)--Simply Hired, the largest job search engine and recruitment advertising network, today announced its partnership with Taleo (NASDAQ:TLEO) to help launch Taleo’s newly introduced Talent Exchange®. Part of Taleo’s Talent Grid® cloud community, the Talent Exchange is a collaborative online marketplace where candidates and companies connect. Through this partnership, Simply Hired will provide job seekers on the Talent Exchange with direct access to their database of more than three million U.S. job listings and provide Taleo customers with the ability to expose their own job openings.

“Our goal of simplifying the job search is in sync with Taleo’s mission to provide a talent management system for powering greater business performance. Together, we can help connect talented job seekers with the companies looking for their particular talents.”

The Taleo Talent Exchange has the potential to bring together more than 500,000 new jobs and 13 million applicants each quarter into one online community. Here, companies can highlight job openings and source opt-in candidates directly into their Taleo Recruiting™ solution. Likewise, candidates can create a universal profile – a robust, differentiating experience summary – that they can share across prospective Taleo employers on the Talent Exchange.

Taleo has implemented a source tracking capability, which will automatically track candidates from SimplyHired.com’s network through Taleo Recruiting – enabling customers to accurately determine recruiting effectiveness and ROI. This unique source tracking capability provides Taleo clients with a turn-key way to measure candidate flow from an unprecedented number of sites across the Web. Also, as part of the partnership, Taleo and Simply Hired are working together to utilize the universal profile to improve the candidate search experience and to enable candidates to complete their universal profile on the SimplyHired.com website.

“Many organizations are looking for ways to simplify and streamline the complex processes involved in finding and obtaining top talent,” said Al Campa, Chief Marketing Officer at Taleo. “By partnering with Simply Hired to augment the Talent Exchange, Taleo provides both customers and candidates with a comprehensive collaborative solution for sourcing talent and finding jobs.”

“We are excited to begin working with a talent management company that has so extensively improved and advanced the industry,” said Gautam Godhwani, Co-founder and CEO of Simply Hired. “Our goal of simplifying the job search is in sync with Taleo’s mission to provide a talent management system for powering greater business performance. Together, we can help connect talented job seekers with the companies looking for their particular talents.”

The Talent Exchange, announced earlier this month, is available today for both candidates and customers and can be found at http://www.talentexchange.com.

About Simply Hired

With more than five million job listings worldwide, Simply Hired (www.SimplyHired.com) is the world’s largest job search engine and recruitment advertising network. The company powers jobs on over 5,000 network partner sites such as LinkedIn, Plaxo, CNNMoney, BusinessWeek and The Washington Post. It operates global sites in 14 countries and seven languages including the United States, Canada, the United Kingdom, Australia, India, Germany, Spain, France, Ireland, Italy, Belgium, the Netherlands, Brazil and Mexico. Simply Hired was the fastest growing job site in 2008 according to both ComScore and Nielsen Media. Simply Hired has been lauded as one of the “50 Coolest Websites” by Time magazine, a “Top 100 Website” by PC Magazine and the “Best of the Web” by BusinessWeek. Simply Hired has raised $22.3 million in funding from IDG Ventures SF, News Corporation’s Fox Interactive Media, Foundation Capital, Garage Technology Ventures and individual investors. The company is privately held and is based in Mountain View, California.

About Taleo

Taleo (NASDAQ:TLEO) is the leader in on demand unified talent management solutions that empower organizations of all sizes to better understand and engage their best talent for improved business performance. More than 4,100 organizations use Taleo for talent acquisition and performance management, including 46 of the Fortune 100 and over 3,400 small and medium sized businesses across 200 countries and territories. Known for its strong configurability and usability, Taleo 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 release contains forward-looking statements, including statements regarding the demand for Taleo's solutions, results from use of Taleo’s solutions and the integrated solutions of Taleo partners and general business conditions. 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 announcement. 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 II, Item 1A of Taleo’s Quarterly Report on Form 10-Q, as filed with the SEC on August 7, 2009, and in other reports filed by Taleo with the SEC.