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Cornerstone OnDemand Selected for Extended Global Network

Santa Monica, CA, October 17, 2005 - Cornerstone OnDemand, a leading provider of integrated on-demand enterprise software solutions for talent management, today announced that Hypertherm, the world leader in plasma cutting technology, has selected Cornerstone OnDemand to provide an integrated learning and performance management solution to help further advance its associate development program. Hypertherm will use Cornerstone OnDemand to develop and administer a full blended-learning training program, while also managing competencies, associate goals and career paths.

"The Hypertherm community includes an extended network of our global associates," said Lindsey DeJong, Organizational Learning, Hypertherm. "Cornerstone provides an easy and scalable way to reach our diverse network of associates through a world class human capital management system."

Hypertherm will utilize Cornerstone OnDemand's pre-integrated course catalog to deliver e-learning as well as leverage the system to centrally manage instructor-led training. In addition, Cornerstone OnDemand's integrated goals and performance management capabilities deliver a performance-driven development program, enabling Hypertherm to maximize its training investment for higher organizational performance.

"The flexibility of the Cornerstone system and the on-demand nature of our product enables organizations with a global network, such as Hypertherm, to scale the user base and modify workflows on-the-fly, through the simple click of a button," said Adam Miller, President and CEO, Cornerstone OnDemand. "Users can quickly be added, functionality can be turned on and off, and workflows can be adjusted as Hypertherm's needs change."

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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