Software hardwires background screening into hiring process.

Press Release Summary:



Integrated with Taleo Enterprise, Taleo Verify(TM) provides comprehensive background checking and identity verification solution for pre-employment and routine employee screening. Program accesses comprehensive criminal and licensure records database, which is updated daily through direct connections to state and county-level court records. Results are incorporated directly into candidate or employee profile, streamlining hiring and screening process.



Original Press Release:



New Taleo Verify(TM) Solution Hardwires Background Screening and Verification Directly Into the Hiring Process



Taleo Verify Delivers Faster, More Accurate Background Screening Results at a Significantly Lower Price

SAN FRANCISCO, March 14 / -- Taleo Corporation (NASDAQ:TLEO), the leading provider of talent management solutions, today announced the availability of Taleo Verify(TM), a comprehensive background checking and identity verification solution for pre-employment and routine employee screening.

Taleo Verify is completely integrated with Taleo Enterprise, the company's talent management solution that helps large enterprises assess, acquire, develop and align their workforce for improved business performance. With seamless integration, customers can easily conduct a background check or screening directly within the Taleo solution. Results are incorporated directly into a candidate or employee profile, further streamlining the hiring and screening process.

Compliance issues, fraud, workplace violence, and negligent hiring liability, are all major drivers for the increasing corporate concern about inadequate screening and verification methods. Taleo Verify employs proprietary technology and algorithms to map the fastest, most accurate method for uncovering and verifying criminal records, which enables organizations to achieve more accurate search results with shorter turnaround times. Turnaround time with Taleo Verify is 40 percent faster compared with other screening options in today's market.

Taleo Verify accesses the most comprehensive criminal and licensure records database, which is updated daily through direct connections to state and county-level court records. Combined with a nationwide court runner network, Taleo Verify provides the most precise and timely screening information available. With its comprehensive database, unmatched speed, accuracy, and advanced technology, Taleo Verify translates to process improvements and significant cost savings compared with other screening options in today's market.

Gartner Research Vice President James Holincheck comments, "Many organizations conduct pre-employment screening. However, technology hasn't been fully leveraged in the past as it should have been for post-hire and ongoing employee screening."

"You don't have to look far beyond the headlines to see that workplace violence, employee theft and fraud are a painful reality for many organizations," stated Michael Gregoire, president and CEO, Taleo. "With Taleo Verify, organizations and corporate governance boards are assured they are using the most comprehensive solution to conduct background checks and ongoing employee screenings. Taleo Verify signifies our continued commitment to broaden and deepen our talent management solutions, utilizing our global, comprehensive software as a service platform to help our customers achieve further improvements in business performance."

Taleo Verify, available immediately, is powered by technology from Verified Person, an industry leading, advanced background checking firm. Tal Moise, CEO of Verified Person said, "Verified Person is pleased to provide the technology and services that will enable Taleo customers to take advantage of the next generation of background screening."

For more information on how Taleo Verify can help protect your organization against the realities of workplace violence, theft and fraud, please visit taleo.com/verify.

About Taleo Corporation
Taleo delivers on demand talent management solutions that enable organizations of all sizes to assess, acquire, develop and align their workforce for improved business performance. Taleo's customers use its suite of solutions to improve their talent management processes to reduce the time and costs associated with these processes and to enhance the quality, productivity and satisfaction of their workforces. Taleo currently has more than 350 corporate customers with approximately 500,000 registered users who use our services to fill positions in almost 100 countries. For more information visit www.taleo.com.

About Verified Person
Verified Person provides the industry's most advanced background screening and identity verification services, applying leading-edge technology to traditional search methodologies in order to deliver faster, more accurate results at a significantly lower price. The company's solutions help healthcare, staffing, financial services, retail, and other industry organizations to comply with regulation and to mitigate corporate threats such as workplace violence, internal theft & fraud, and poor employee selection. Verified Person was founded by John Sculley, former CEO of Apple Computer, and Tal Moise, former CIO of Clarian Health Partners, a multi-billion dollar healthcare organization. The company has received funding from Rho Capital Partners, Sevin Rosen Funds, John Sculley, Ira Brind, and other leading investors, and is headquartered in New York, NY. More information is available at www.verifiedperson.com.

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