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CyberU's Fully-Integrated Human Capital Management Solution Helps Premier Achieve High Levels of Clinical Quality

Santa Monica, CA - January 25, 2005 - CyberU, the leading provider of on-demand applications for human capital management (HCM), today announced that Premier Inc., one of the nation's leading not-for-profit hospital and healthcare system has selected CyberU's Cornerstone OnDemand Human Capital Management (HCM) suite to support its learning management initiatives. This agreement marks CyberU's expansion into the healthcare space and enables Premier to offer its staff a HCM solution that helps them achieve higher levels of clinical quality.

CyberU's flexible business model offers Premier the option for a phased roll out of Cornerstone deployment, beginning with the Learning Management System (LMS), which will be used to manage the full spectrum of their Instructor-Led Training courses. Premier also has plans to roll out Cornerstone's Employee Performance Management component upon successful completion of the LMS launch.

"Premier is focused on providing its employees with information and tools to continuously improve our organization's performance. To do this, we need learning solutions flexible enough to handle our ever-changing needs," said Kelli Price, Vice President, Premier,Inc. "CyberU provided us with a design that enables us to leverage our existing applications and processes to the fullest extent."

Premier selected Cornerstone based on its flexibility and seamless integration with pre-existing applications. Cornerstone's unique modular design enables any organization to implement a phased rollout based on immediate need and functionality and the ability to add components such as EPM and Succession Planning, when appropriate. CyberU's open architecture approach also offers Premier the opportunity to quickly and easily integrate with Lawson Software, (its existing HRIS system), through a web services-based data feed, in only a matter of days.

"Healthcare organizations today are focused on finding a HCM solution that fits within their budget and helps them to increase the overall quality of their organizational investments," said Adam Miller, President and CEO of CyberU. "Minimizing the costs and risks associated with deploying an enterprise-wide HCM solution, like we have accomplished with Cornerstone, makes roll out that much safer and easier for any organization, no matter what market they serve."

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.

Learn more at cornerstoneondemand.co.uk.

Media Contact

Susan Hilliar

shilliar@csod.com

+44(0)7767884556
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