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Santa Monica, CA, May 24, 2004 - CyberU, the leading provider of on-demand applications for human capital management, today announces a series of live demonstrations of Cornerstone OnDemand, its highly flexible suite of learning, performance and compliance management tools, at the annual convention for the American Society for Training and Development (ASTD) in Washington, DC, from May 24 - 26.

"Cornerstone OnDemand is changing the way HR and Training professionals approach learning and performance initiatives. With our on-demand model, we are able to provide state-of-the-art features and functionality without the headaches and expense of traditional client-server installations. This makes world-class learning and performance management available to a far broader range of companies," said Adam Miller, President and CEO of CyberU. "ASTD is an excellent venue for interested professionals, training officers and development personnel to learn about this solution."

Representing the most ambitious effort to transform performance management processes and the automation of learning, Cornerstone OnDemand is a secure, affordable, reliable and easily deployable LMS and Performance Management System. It includes full-featured Learning Management, Learning Content Management, Performance Management, Talent Management, Compliance Management and Analytics modules. The learning management module includes over 10,000 pre-integrated best-of-breed titles across all subject areas.

Due to its modular design, Cornerstone OnDemand is extremely configurable, and supports all types of corporate employee development processes. The Cornerstone platform provides corporate managers with an easy-to-use administration system, allowing them to build and customize curricula, assess employee competencies and performance, track employee learning and development initiatives, manage instructor-led events, manage talent and succession, ensure compliance, create proprietary training content, share employee knowledge, and report centrally on employee performance.

About Cornerstone

Cornerstone was founded with a passion for empowering people through learning and a conviction that people should be your organisation’s greatest competitive advantage.

Cornerstone is a global human capital management leader with a core belief that companies thrive when they help their employees to realize their potential. Putting this belief into practice, Cornerstone offers solutions to help companies strategically manage and continuously develop their talent throughout the entire employee lifecycle.

Featuring comprehensive recruiting, personalised learning, development-driven performance management, and holistic HR planning, Cornerstone’s human capital management platform is successfully used by more than 3,500 global clients of all sizes, spanning more than 42 million users across 192 countries and 43 languages.

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