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Taleo Is Named as a Fast Growing Company in North America on Deloitte's 2011 Technology Fast 500(TM)Attributes 150 Percent Revenue Growth to Its Continued Commitment to Providing Outstanding Talent Management Solutions to Its Customers (October 19, 2011)
DUBLIN, CA -- (Marketwire) -- 10/19/11 -- Taleo Corporation (NASDAQ: TLEO), the global leader of SaaS-based Talent Management solutions today announced its recognition by Deloitte as a Technology Fast 500 award recipient. The award provides a ranking of the 500 fastest growing technology, media, telecommunications, life sciences and clean technology companies in North America. Taleo grew 150 percent during the measurement period.
Taleo Chief Executive Officer, Michael Gregoire, credits innovation and Taleo's ability to adapt with the company's 150 percent revenue growth. "We at Taleo are honored to be recognized by Deloitte as a leader in our industry," said Gregoire. "Our commitment to serving the needs of our customers and ability to recognize and grow alongside industry trends are what make Taleo so great. We are proud to be in the company of some of the best and brightest innovators in the technology industry."
Overall, 2011 Technology Fast 500 companies achieved revenue growth ranging from 134 percent to 70,211 percent from 2006 to 2010, with an average growth of 1,736 percent.
About Deloitte's 2011 Technology Fast 500
Technology Fast 500, which was conducted by Deloitte & Touche LLP, a subsidiary of Deloitte LLP, provides a ranking of the fastest growing technology, media, telecommunications, life sciences and clean technology companies -- both public and private -- in North America. Technology Fast 500 award winners are selected based on percentage fiscal year revenue growth from 2006 to 2010. In order to be eligible for Technology Fast 500 recognition, companies must own proprietary intellectual property or technology that is sold to customers in products that contribute to a majority of the company's operating revenues. Companies must have 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. Additionally, companies must be in business for a minimum of five years, and be headquartered within North America.
Taleo (NASDAQ: TLEO) helps organizations improve the performance of their business by unlocking the power of their people. Taleo is the only company to provide industry leading solutions in every category of Talent Management. Through its cloud-based platform, Taleo optimizes recruiting, performance management, learning and compensation -- and integrates them all so managers have the insights they need to achieve talent intelligence. Customers also plug into Taleo's unique Talent Grid community to harness the power of proven best practices, millions of users, and Taleo-ready partner solutions. From small and medium sized businesses to large enterprises, more than 5,000 organizations rely on Taleo every day to pursue growth, innovation and customer success.
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