Taleo Corporation (NASDAQ: TLEO), the leading provider of on-demand talent management solutions, today announced it has been named to the Technology Fast 500™, Deloitte LLP's ranking of 500 of the fastest growing technology, media, telecommunications, life sciences and clean technology companies in North America. Rankings are based on percentage of fiscal year revenue growth during the five-year period from 2004-2008.
"Technology Fast 500 recognizes innovative companies that have broken down barriers to success and defied the odds with their remarkable five-year revenue growth," said Phil Asmundson, Vice Chairman and U.S. Technology, Media and Telecommunications leader, Deloitte LLP. "We congratulate Taleo on this accomplishment."
"With its impressive five-year growth, Taleo has earned its position among the fastest growing technology, media, telecommunications, life sciences and clean technology companies in North America," said Mark Jensen, Managing Partner, Technology and Venture Capital Services, Deloitte & Touche LLP. "Deloitte is proud to honor Taleo for its achievement."
Taleo's software helps organizations around the globe to better find, understand and engage their key performers and drive business growth. Accordingly, a recent survey by PricewaterhouseCoopers found that the number one priority of 97% of global CEOs is to find and retain top talent. This prioritization has helped drive Taleo's growth. The company's leadership in this software sector continues with the recently launched Taleo 10™ talent management solution and online ecosystem, the Talent Grid™, enabling customers with both product and perspective to drive better business success.
"Inclusion in the Technology Fast 500 is nice validation of our business, stability and commitment to innovation," said Michael Gregoire, Chairman and CEO of Taleo. "As the economy recovers and CEOs move from cost-cutting to growth, Talent Management tools and best practice domain knowledge becomes even more critical. Taleo is poised to continue to drive innovation to help businesses meet that challenge."
Technology Fast 500™ Selection and Qualifying Criteria
Technology Fast 500™ provides a ranking of the fastest growing technology, media, telecommunications, life sciences and clean technology companies in North America. This ranking is compiled from nominations submitted directly to the Technology Fast 500™ website, and public company database research conducted by Deloitte. Technology Fast 500™ award winners for 2009 are selected based on percentage fiscal year revenue growth during the five-year period from 2004 to 2008.
Deloitte's 2009 Technology Fast 500TM Media Guidance 4
In order to be eligible for Technology Fast 500™ recognition, companies must own proprietary intellectual property or proprietary technology that contributes to a significant portion of the company's operating revenues. Using other companies' technology or intellectual property in a unique way does not satisfy this requirement. Consulting companies, professional service firms, etc. are not eligible unless they have proprietary technology that contributes to a significant portion of their operating revenues. Technology Fast 500™ award eligibility requirements also include base-year operating revenues of at least $50,000 USD or CD, and current-year operating revenues of at least $5 million USD or CD. These revenues must have more than doubled between 2004 and 2008. Additionally, companies must be in business for a minimum of five years, and be headquartered within North America.
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. Approximately 4,100 organizations use Taleo for talent acquisition and performance management, including 46 of the Fortune 100 and approximately 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 achieves 99.9% availability. Taleo's Talent Grid will harness the resources of the Taleo community of customers, candidates, and partners to power the talent needs of companies around the world.
About Deloitte
"As used in this document, 'Deloitte' means Deloitte LLP. Please see www.deloitte.com/about for a detailed description of the legal structure of Deloitte LLP and its subsidiaries."
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