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New York City, NY – September 15, 2010 – Avature today announced its new partnership with Taleo (NASDAQ: TLEO), the leading provider of on-demand Talent Management solutions and its role on Taleo’s Talent Grid™, the world’s most comprehensive cloud community for Talent Management. Avature joined the Solution Exchange, the online solutions marketplace of the Talent Grid, making it easy for Taleo customers to learn more about Avature’s unique Candidate Relationship Management (CRM) offering.

Avature CRM is the only candidate management solution built specifically for recruiting. Designed for networking and sourcing from the Internet, Avature CRM brings state-of-the-art Web 2.0 technology and candidate engagement practices to Recruiting. Fast Boolean search (with custom operators and meta data tags) of all documents, notes, and user defined fields combines with Avature CRM’s List Management and E-mail marketing features to make it the ideal system for global sourcing initiatives. Avature CRM’s new Portals module connects Interactive Recruitment Advertising seamlessly with e-mail marketing campaigns for improved candidate acquisition.

With this partnership, Avature brings candidate relationship management to the Solutions Exchange, empowering companies considering CRM with a robust resource for researching, evaluating and discussing CRM techniques in talent acquisition with peers and Avature experts alike.

The first and only cloud-based community of its kind, the Talent Grid harnesses the power of online communities and mass participation in the cloud to provide Taleo customers with superior talent intelligence. By pairing social networking with Talent Management, Taleo’s Talent Grid is bringing together thousands –and potentially millions– to share knowledge, link job seekers with open positions and solve talent management problems.

“Taleo’s Talent Grid is the ideal cloud community for our product,” stated Dimitri Boylan, CEO of Avature. “On the Talent Grid, we will more easily communicate our value proposition to Taleo’s customers and will be better able to respond to their needs.”

“At Taleo, we are committed to providing the broadest insight for Talent Management through our own solutions and through our ecosystem of experts,” said Michael Boese, Taleo’s Senior Vice President, SMB and Talent Grid Field Operations. “With partners like Avature on the Solution Exchange, we are rapidly extending the full scope of what Talent Management technologies can offer—all within the industry’s premier cloud community experience.”