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Cornerstone On-Demand enterprise suite selected for full range of advanced features and easy scalability

Santa Monica, CA, September 8, 2004 - CyberU, the leading provider of on-demand applications for human capital management (HCM), today announced that SEW-Eurodrive, a global leader in drive technology, has chosen Cornerstone OnDemand enterprise suite as the foundation for its North American corporate training initiatives. The company plans to use Cornerstone across all levels of the organization to support e-learning, Instructor Led Training, (ILT) and proprietary course publishing.

"Having eight assembly centers, over 90 sales offices, hundreds of distributors, and a technical product, our North American training requirements are very challenging," said Tom Cappel, Training Manager at SEW-Eurodrive. "CyberU's Cornerstone OnDemand suite provides us a flexible system to train our employees and distributors efficiently with minimal upfront costs. We especially like the ability to use one system and adjust it to meet the specific needs of our Canadian associates, including those who speak French."

Cornerstone's intuitive, self-configurable design allows SEW-Eurodrive to organize existing courseware, develop new content, and manage its user base without requiring extensive customization and lengthy deployment processes. The application can be easily scaled from internal staff to worldwide distribution partners and configured independently to meet the specific business process requirements for each group.

"Conventional HCM client-server applications have left companies, like SEW-Eurodrive, with unfulfilled needs because of excess costs, complex customization requirements and slow implementation cycles," said Adam Miller, President and CEO of CyberU. "With CyberU's Cornerstone OnDemand, SEW-Eurodrive has the flexibility to select and roll-out only the features it needs, when it needs them. The on-demand nature of CyberU's world-class solution will also save them a bundle on consulting fees - not to mention the additional user satisfaction that comes with easy access to the system from any Internet connection."

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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