Exhibit 99.1

David Havlek

salesforce.com

Investor Relations

415-536-2171

dhavlek@salesforce.com

Jane Hynes

salesforce.com

Public Relations

415-901-5079

jhynes@salesforce.com

Salesforce.com Announces Fiscal Third Quarter Results

First Enterprise Cloud Computing Company to Exceed $1.3 Billion Annual Revenue Run Rate

• Record Revenue of Approximately $331 Million, up 20% Year-Over-Year

• GAAP EPS of $0.16, up 100% Year-Over-Year

• Operating Cash Flow of $36M, up 107% Year-Over-Year

• Record 4,700 Net New Customers During the Quarter

• Total Customers at 67,900, up 31% Year-Over-Year

• Total Cash and Marketable Securities of $1.07 Billion, up $265 Million Year-Over-Year

• Company Raising Full Year Revenue Guidance to Approximately $1.29 Billion

• Company Raising Full Year GAAP EPS Guidance to Approximately $0.62 to $0.63

SAN FRANCISCO, Calif. – November 17, 2009 – Salesforce.com (NYSE: CRM), the enterprise cloud computing company, today announced results for its fiscal third quarter ended October 31, 2009.

“We are pleased to report record revenue, profit, and customer additions in Q3,” said Marc Benioff, chairman and CEO, salesforce.com. “This gives us fantastic momentum as we head into Dreamforce, where we will announce our biggest product news of the year.”

Salesforce.com delivered the following results for its third quarter, fiscal year 2010:

Revenue: Total Q3 revenue was $330.5 million, an increase of 20% on a year-over-year basis. Subscription and support revenues were $306.9 million, an increase of 21% on a year-over-year basis. Professional services and other revenues were $23.7 million, an increase of 3% on a year-over-year basis.

Earnings per Share: Q3 GAAP diluted earnings per share were approximately $0.16, including approximately $20.4 million in stock based compensation expense and approximately $2.6 million in amortization of purchased intangibles related to previously announced acquisitions. For purposes of the Q3 GAAP EPS calculations, there was an average of approximately 129 million diluted shares outstanding during the quarter.

Customers: Net paying customers rose approximately 4,700 during the quarter to finish at approximately 67,900. Compared with the year ago quarter, net paying customers have grown by approximately 16,100 or 31%.

Cash: Cash generated from operations for the fiscal third quarter was approximately $36 million, up approximately 107% year-over-year. Total cash, cash equivalents and marketable securities finished the quarter at approximately $1.07 billion, an increase of approximately $265 million from the year prior.

Deferred Revenue: Deferred revenue on the balance sheet as of October 31, 2009 was $545 million, an increase of 16% on a year-over-year basis.

As of November 17, 2009, salesforce.com is initiating guidance for its fourth quarter, fiscal year 2010. For its full fiscal year 2010, the company is raising its prior revenue and EPS guidance. In addition, the company is initiating revenue guidance for its full fiscal year 2011.

Q4 FY10: Revenue for the company’s fourth fiscal quarter is projected to be in the range of approximately $340 million to approximately $342 million. GAAP diluted EPS is expected to be in the range of approximately $0.14 to approximately $0.15. Stock based compensation expense is expected to be approximately $26 million, and amortization of purchased intangibles of previously announced acquisitions is expected to be approximately $2.6 million. For purposes of the Q4 GAAP EPS calculation, the company is expecting an average diluted shares count of approximately 132 million shares, a GAAP tax rate of approximately 40% and a noncontrolling interest charge of approximately $1.5 million.

Full Year FY10: The company today is raising the full year revenue guidance it provided on August 20, 2009 with revenue now expected to be approximately $1.292 billion to approximately $1.294 billion. The company is also raising its earnings outlook for the full year, expecting GAAP diluted EPS to be in the range of approximately $0.62 to approximately $0.63. Stock based compensation expense is expected to be approximately $89 million, and amortization of purchased intangibles of previously announced acquisitions is expected to be approximately $9.9 million. For purposes of the full fiscal year 2010 GAAP EPS calculation, the company is expecting an average diluted share count of approximately 127 million shares, a GAAP tax rate of approximately 42%, and a noncontrolling interest charge of approximately $3.5 million.

Full Year FY11: The company is initiating guidance for its full fiscal year 2011 with projected revenue growth in the range of approximately 15% to 16% when compared to projected fiscal year 2010. The company expects to update this guidance, as well as provide its expectations for FY11 GAAP EPS when it announces its fourth quarter, fiscal year 2010 results planned for February, 2010.

Quarterly Conference Call

Salesforce.com will host a conference call to discuss its third quarter fiscal 2010 results at 2:00 p.m. Pacific Standard Time today. A live audio webcast of the conference call, together with detailed financial information, can be accessed through the company’s Investor Relations Web site at http://www.salesforce.com/investor. In addition, an archive of the webcast can be accessed through the same link. Participants who choose to call in to the conference call can do so by dialing domestically 866-901-SFDC or 866-901-7332 and internationally at 706-902-1764. A replay will be available at (800) 642-1687 or (706) 645-9291, passcode 39679783, until midnight (EST) December 8, 2009.

About salesforce.com

Salesforce.com is the enterprise cloud computing company. The company’s portfolio of Salesforce CRM applications, available at http://www.salesforce.com/products/, has revolutionized the ways that companies collaborate and communicate with their customers across sales, marketing and service. The company’s Force.com Platform (http://www.salesforce.com/platform/) enables customers, partners and developers to quickly build powerful business applications to run every part of the enterprise in the cloud. Based on salesforce.com’s <http://salesforce.com> real-time, multi-tenant architecture, Salesforce CRM and Force.com offer the fastest path to customer success with cloud computing.

As of October 31, 2009, salesforce.com manages customer information for approximately 67,900 customers including Allianz Commercial, Dell, Dow Jones Newswires, Japan Post, Kaiser Permanente, KONE, and SunTrust Banks.

Any unreleased services or features referenced in this or other press releases or public statements are not currently available and may not be delivered on time or at all. Customers who purchase salesforce.com applications should make their purchase decisions based upon features that are currently available. Salesforce.com has headquarters in San Francisco, with offices in Europe and Asia, and trades on the New York Stock Exchange under the ticker symbol “CRM”. For more information please visit http://www.salesforce.com, or call 1-800-NO-SOFTWARE.

###

“Safe harbor” statement under the Private Securities Litigation Reform Act of 1995: This press release contains forward-looking statements about expected revenue and GAAP earnings per share for the fourth fiscal quarter of 2010 and the full fiscal year, and our expected tax rate, stock based compensation expense, amortization expense, noncontrolling interest expense, and shares outstanding, the achievement of which involve risks, uncertainties and assumptions. If any such risks or uncertainties materialize or if any of the assumptions prove incorrect, our results could differ materially from the results expressed or implied by the forward-looking statements we make.

The risks and uncertainties referred to above include - but are not limited to - risks associated with possible fluctuations in our financial and operating results, rate of growth and anticipated revenue run rate; errors, interruptions or delays in our service or our Web hosting; breaches of our security measures; the financial impact of any future acquisitions; the nature of our business model; our ability to continue to release, and gain customer acceptance of, new and improved versions of our service; successful customer deployment and utilization of our existing and future services; changes in our sales cycle; competition; various financial aspects of our subscription model; unexpected increases in attrition or decreases in new business; the emerging market in which we operate; our ability to hire, retain and motivate our employees and manage our growth; changes in our customer base; technological developments; regulatory developments; litigation; unanticipated changes in our effective tax rate; and fluctuations in the number of shares we have outstanding, the price of such shares, foreign currency exchange rates, interest rates, and general developments in the economy, financial markets, and credit markets.

Further information on these and other factors that could affect our financial results is included in the reports on Forms 10-K, 10-Q and 8-K and in other filings we make with the Securities and Exchange Commission from time to time, including our Form 10-Q that will be filed for the quarter ended October 31, 2009 and our Form 10-K for the fiscal year ended January 31, 2009. These documents are available on the SEC Filings section of the Investor Information section of our website at www.salesforce.com/investor.

Salesforce.com, inc. assumes no obligation and does not intend to update these forward-looking statements, except as required by law.

Copyright (c) 2009 salesforce.com, inc. All rights reserved. Salesforce and the “no software” logo are registered trademarks of salesforce.com, inc., and salesforce.com owns other registered and unregistered trademarks. Other names used herein may be trademarks of their respective owners.

salesforce.com, inc.

Condensed Consolidated Statements of Operations

(in thousands, except per share data)

(Unaudited)

	Three Months Ended October 31,						Nine Months Ended October 31,
	2009			2008			2009			2008
Revenues:
Subscription and support	$	306,870		$	253,403		$	882,078		$	718,464
Professional services and other		23,679			23,084			69,456			68,722
Total revenues		330,549			276,487			951,534			787,186
Cost of revenues (1):
Subscription and support		40,745			32,424			116,744			91,802
Professional services and other		24,825			23,924			73,122			69,935
Total cost of revenues		65,570			56,348			189,866			161,737
Gross profit		264,979			220,139			761,668			625,449
Operating expenses (1):
Research and development		32,763			26,270			95,450			70,070
Marketing and sales		152,166			136,452			436,647			389,930
General and administrative		49,909			41,284			139,818			117,797
Total operating expenses		234,838			204,006			671,915			577,797
Income from operations		30,141			16,133			89,753			47,652
Interest, net		7,211			3,840			18,987			17,270
Other income (expense)		(336	)		534			(1,037	)		(1,069	)
Income before provision for income taxes and noncontrolling interest		37,016			20,507			107,703			63,853
Provision for income taxes		(15,573	)		(8,824	)		(45,426	)		(29,693	)
Consolidated net income		21,443			11,683			62,277			34,160
Less: Net income attributable to noncontrolling interest		(752	)		(1,559	)		(1,952	)		(4,485	)
Net income attributable to salesforce.com	$	20,691		$	10,124		$	60,325		$	29,675
Earnings per share - basic and diluted:
Basic net income per share attributable to salesforce.com common shareholders	$	0.17		$	0.08		$	0.49		$	0.25
Diluted net income per share attributable to salesforce.com common shareholders	$	0.16		$	0.08		$	0.48		$	0.24
Shares used in computing basic net income per share		124,561			121,635			123,871			120,759
Shares used in computing diluted net income per share		128,596			125,133			126,993			125,173
(1)    Amounts include stock-based expenses, as follows:
Cost of revenues	$	2,995		$	2,817		$	9,322		$	8,149
Research and development		2,707			2,494			8,741			6,852
Marketing and sales		9,055			9,235			28,314			26,105
General and administrative		5,650			4,730			16,570			15,119

salesforce.com, inc.

Condensed Consolidated Statements of Operations

As a percentage of total revenues:

(Unaudited)

	Three Months Ended October 31,				Nine Months Ended October 31,
	2009		2008		2009		2008
Revenues:
Subscription and support	93	%	92	%	93	%	91	%
Professional services and other	7		8		7		9
Total revenues	100		100		100		100
Cost of revenues:
Subscription and support	12		12		12		12
Professional services and other	8		8		8		9
Total cost of revenues	20		20		20		21
Gross profit	80		80		80		79
Operating expenses:
Research and development	10		10		10		9
Marketing and sales	46		49		46		49
General and administrative	15		15		15		15
Total operating expenses	71		74		71		73
Income from operations	9		6		9		6
Interest, net	2		1		2		2
Other income (expense)	0		0		0		0
Income before provision for income taxes and noncontrolling interest	11		7		11		8
Provision for income taxes	(5	)	(3	)	(5	)	(4	)
Consolidated net income	6		4		6		4
Less: Net income attributable to noncontrolling interest	0		0		0		0
Net income attributable to salesforce.com	6	%	4	%	6	%	4	%
Stock-based expenses as a percentage of total revenues, as follows:
Cost of revenues	1	%	1	%	1	%	1	%
Research and development	1		1		1		1
Marketing and sales	3		3		3		3
General and administrative	1		2		2		2

salesforce.com, inc.

Condensed Consolidated Balance Sheets

(in thousands)

	October 31,			January 31,
	2009			2009
	(unaudited)
Assets
Current assets:
Cash and cash equivalents	$	242,888		$	483,834
Short-term marketable securities		202,446			213,769
Accounts receivable, net		191,297			266,555
Deferred commissions		37,065			39,384
Deferred income taxes		26,992			31,900
Prepaid expenses and other current assets		62,227			33,115
Total current assets		762,915			1,068,557
Marketable securities, noncurrent		624,758			184,962
Fixed assets, net		95,598			77,027
Deferred commissions, noncurrent		17,077			17,699
Deferred income taxes, noncurrent		30,695			26,589
Capitalized software, net		32,780			29,989
Goodwill		45,402			44,872
Other assets, net		33,976			30,127
Total assets	$	1,643,201		$	1,479,822
Liabilities and stockholders’ equity
Current liabilities:
Accounts payable	$	15,617		$	16,379
Accrued expenses and other current liabilities		174,309			163,205
Income taxes payable		3,050			3,619
Deferred revenue		533,502			583,763
Total current liabilities		726,478			766,966
Income taxes payable, noncurrent		19,298			12,490
Long-term lease liabilities and other		14,952			7,616
Deferred revenue, noncurrent		11,933			10,263
Total liabilities		772,661			797,335
salesforce.com stockholders’ equity:
Common stock		125			123
Additional paid-in capital		775,838			648,724
Accumulated other comprehensive loss		(3,239	)		(2,905	)
Retained earnings		86,167			25,842
Total stockholders’ equity controlling interest		858,891			671,784
Total stockholders’ equity noncontrolling interest		11,649			10,703
Total stockholders’ equity		870,540			682,487
Total liabilities and stockholders’ equity	$	1,643,201		$	1,479,822

salesforce.com, inc.

Condensed Consolidated Statements of Cash Flows

(in thousands)

(Unaudited)

	Three Months Ended October 31,						Nine Months Ended October 31,
	2009			2008			2009			2008
Operating activities:
Consolidated net income	$	21,443		$	11,683		$	62,277		$	34,160
Adjustments to reconcile net income to net cash provided by operating activities:
Depreciation and amortization		13,601			7,910			37,890			24,938
Amortization of deferred commissions		15,698			14,784			45,959			43,414
Expenses related to stock-based awards		20,407			19,276			62,947			56,225
Excess tax benefits from employee stock plans		(7,401	)		(17,706	)		(32,536	)		(42,247	)
Loss on securities		—			2,052			—			2,052
Changes in assets and liabilities:
Accounts receivable, net		(22,515	)		(9,002	)		75,355			64,077
Deferred commissions		(18,013	)		(13,682	)		(43,018	)		(40,564	)
Prepaid expenses and other current assets		(12,892	)		(6,313	)		(14,711	)		(12,406	)
Other assets		(506	)		(2,943	)		(624	)		(429	)
Accounts payable		2,228			6,621			(762	)		12,951
Accrued expenses and other current liabilities		27,045			14,733			35,165			23,497
Deferred revenue		(3,575	)		(10,292	)		(48,591	)		(11,640	)
Net cash provided by operating activities		35,520			17,121			179,351			154,028
Investing activities:
Purchase of subsidiary stock		—			(16,693	)		—			(16,693	)
Business combinations, net of cash acquired		(4,500	)		(27,344	)		(4,500	)		(27,344	)
Purchase of marketable securities		(218,056	)		(123,476	)		(980,519	)		(323,415	)
Sales of marketable securities		121,413			26,656			438,679			84,187
Maturities of marketable securities		55,400			66,557			119,566			200,387
Capital expenditures		(14,089	)		(11,614	)		(46,845	)		(48,827	)
Net cash used in investing activities		(59,832	)		(85,914	)		(473,619	)		(131,705	)
Financing activities:
Proceeds from the exercise of stock options		18,559			6,595			32,866			40,605
Excess tax benefits from employee stock plans		7,401			17,706			32,536			42,247
Principal payments on capital lease obligations		(2,398	)		(286	)		(5,904	)		(291	)
Net cash provided by financing activities		23,562			24,015			59,498			82,561
Effect of exchange rate changes		(2,531	)		49			(6,176	)		(1,665	)
Net (decrease) increase in cash and cash equivalents		(3,281	)		(44,729	)		(240,946	)		103,219
Cash and cash equivalents, beginning of period		246,169			427,043			483,834			279,095
Cash and cash equivalents, end of period	$	242,888		$	382,314		$	242,888		$	382,314

salesforce.com, inc.

Additional Metrics

(Unaudited)

	Oct 31,			Jul 31,			April 30,			Jan 31,			Oct 31,		Jul 31,
	2009			2009			2009			2009			2008		2008
Full Time Equivalent Headcount		3,814			3,653			3,607			3,566			3,318		3,046
Financial data (in thousands):
Cash, cash equivalents and marketable securities	$	1,070,092		$	1,030,406		$	983,824		$	882,565		$	804,606	$	823,417
Deferred revenue, current and noncurrent	$	545,435		$	549,010		$	549,373		$	594,026		$	469,534	$	479,546
	Three Months Ended October 31,						Nine Months Ended October 31,
	2009			2008			2009			2008
Revenues by geography (in thousands):
Americas	$	232,802		$	200,143		$	679,460		$	567,076
Europe		60,761			48,076			168,355			142,597
Asia Pacific		36,986			28,268			103,719			77,513
	$	330,549		$	276,487		$	951,534		$	787,186
As a percentage of total revenues:
Revenues by geography:
Americas		70	%		72	%		71	%		72	%
Europe		18			17			18			18
Asia Pacific		12			11			11			10
		100	%		100	%		100	%		100	%