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The Industry's Only Proven Integrated Talent Management Solution Earns Finalist Spot

Santa Monica, CA, June 8, 2006 - Cornerstone OnDemand, Inc., the only proven provider of integrated on-demand enterprise software solutions for talent management, today announced the Cornerstone OnDemand Performance Management System was named a Finalist in the Best New Product or Service category in The 2006 American Business Awards. Hailed as "the business world's own Oscars" by the New York Post, more than 1500 entries from companies of all sizes and in virtually every industry submitted for this year's American Business Awards.

"With more than half of our client base already using our fully integrated performance management solution, Cornerstone Performance has been proven as a phenomenal product that addresses a critical need in today's enterprise organizations," said Adam Miller, President and CEO, Cornerstone OnDemand. "This recognition validates the hard work of our design and development teams, who work closely with our clients, to deliver one of the most flexible and innovative solutions on the market for managing workforce performance and productivity."

Cornerstone's Performance Management System is a core component of the company's integrated talent management solution. Cornerstone Performance enables clients to create a consistent and actionable performance appraisal process that proactively assesses risks and fosters improved employee performance. The solution also delivers an automated, easy-to-use performance review process that can be configured to meet any organizations' existing and future needs. The Performance Management System is fully integrated with Cornerstone OnDemand's Learning, Performance and Succession Planning suites, enabling end-to-end management of workforce development and performance.

"Being named a Finalist in The American Business Awards is an important achievement," said Michael Gallagher, founder and president of The Stevie Awards. "It means that independent business executives have agreed that the nominee is worthy of national recognition."

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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