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Leading National Credit Union Selects Cornerstone OnDemand to Bridge Employee Development and Performance

Santa Monica, CA – March 5, 2007Cornerstone OnDemand, Inc., the only proven provider of on-demand, integrated talent management software and services, today announced that California Credit Union has selected Cornerstone OnDemand’s Talent Management product suite and e-learning content services. California Credit Union’s initial implementation of Cornerstone solutions will address 300 employees, and will allow them to bridge the gap between employee development and performance to optimize their human capital and advance business strategy.

Founded in 1933, California Credit Union is a not-for-profit, cooperative financial institution serving nearly 80,000 members. Since being chartered more than 75 years ago by a small group of Los Angeles teachers, the education community has built California Credit Union into a billion-dollar federally insured financial institution.

“We chose Cornerstone OnDemand for their unique ability to provide a fully integrated talent management suite, which allows us to have a global view of our HR and people processes. As Cornerstone’s solutions are extremely user friendly, and easy-to-administrate and deploy, we expect a quick time-to-benefit,” said Joyce Wasserman, Vice President of Human Resources for California Credit Union.

“We are very pleased to be partnering with California Credit Union to help them achieve organizational excellence,” said Adam Miller, CEO of Cornerstone OnDemand. “Leading financial services organizations, like California Credit Union, have recognized that integrated talent management is a strategic business driver.”

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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