TimeTrade Announces Partnership with Taleo Corporation

BOSTON, MA — February 10, 2005 — TimeTrade Systems, Inc., the leader in enterprise solutions for customer appointment scheduling, today announced a partnership with Taleo Corporation, the world’s leading company focused solely on on-demand talent management solutions. The newly formed partnership combines TimeTrade’s appointment scheduling to further enhance the effectiveness of talent management processes for large corporations.

“Scheduling is an integral component of the talent management process. By automating the process using TimeTrade’s web-based system, our customers can further increase productivity while improving communication with job applicants,” said Jeff Carr, EVP and Chief Strategy Officer, Taleo. “With TimeTrade’s solution incorporated directly into our solution workflows, including data and results, we are providing our customers with a  seamless process, valuable data and talent management process optimization.”

“TimeTrade solves the most demanding appointment scheduling problems for national retailers, government agencies and other large and global organizations,” said Marc Peterson, Chief Executive of TimeTrade. “We are pleased to be working with Taleo and it’s extensive customer base to help eliminate the headaches and hassles of applicant interview scheduling.”

About Taleo Corporation

Taleo Corporation (formerly Recruitsoft, Inc.) is the world’s leading company focused solely on on-demand talent management solutions that enable organizations to establish, automate and run worldwide talent management processes for salaried, hourly and temporary staff. Taleo customers use the company’s solutions to enhance the quality, productivity and satisfaction of their workforces. Taleo solutions incorporate resource allocation principles to more accurately match total labor demand and supply across complex organizations. Taleo solutions are delivered over the internet to nearly 400,000 users in 87 countries, and serve 20 million candidates from 190 of the world’s 193 countries and independent states. Taleo’s prinicipal office is located in San Francisco, CA.

About TimeTrade Systems, Inc.

Based in Burlington, MA, TimeTrade Systems, Inc. provides appointment scheduling software and hosted (“on-demand”) solutions to some of the world’s best known organizations.  TimeTrade offers highly-configurable turnkey solutions that are quick to implement right off the shelf, as well as platform technology for organizations who want to integrate appointment scheduling capabilities into other computerized systems using a services-oriented approach.

TimeTrade is a service mark and TimeCommerce and TESA are trademarks of TimeTrade Systems, Inc.