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Success of the Cornerstone OnDemand Enterprise Suite for Human Capital Management Drives Name Change and Expansion of Executive Team

Santa Monica, CA - May 19, 2005 - CyberU, Inc., a leading provider of on-demand software for talent management, today announced its corporate name change to Cornerstone OnDemand, Inc. In addition, the company has added several new appointments to its management team in the areas of sales, services, and marketing.

"The new name more accurately represents our leadership in the human capital management arena. The success of Cornerstone OnDemand has enabled us to accelerate our growth, and we wanted the company name to reflect our accomplishments in managing employee development and performance," said Adam Miller, President and CEO. "Because for each of our clients, the employees are the cornerstone of their business."

The company's expansion of its management team includes seasoned executives in the areas of sales, marketing, and service delivery. The company plans to accelerate its already rapid growth through an aggressive sales and marketing program led by the expanded team.

Cornerstone OnDemand has been recognized as a "market-wide outperformer" by Bersin & Associates for customer satisfaction and a "visionary" by Gartner in the human capital management space. The company's client base continues to grow with successful enterprise deployments in multiple vertical markets, including financial services, manufacturing, healthcare, automotive, business services, high technology, and non-profit.

About Cornerstone

Cornerstone powers the future ready workforce, with HR software and solutions designed to unite people, teams, technology and business, and inspire a work environment of growth, agility and success for all. With an AI-powered and skills-forward system designed for the contemporary workforce, we help organisations modernise the learning and development experience, deliver the most relevant content from anywhere, accelerate talent and career mobility, and establish skills as the universal language of growth and success across the business. Cornerstone serves over 6,000 customers and 75M users and is available in 180 countries and 50 languages. Learn more at Cornerstone OnDemand.

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