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Comprehensive Talent Management Suite Givesthe Nation's Second Oldest Mutual Life Insurer Powerful Means to Measure Business Progress and Support Employee Development

Santa Monica, CA – May 14, 2007 – Cornerstone OnDemand, Inc., the only proven provider of integrated, on-demand talent management solutions and services, today announced The Penn Mutual Life Insurance Company, the country’s second-oldest mutual life insurer, has selected Cornerstone OnDemand’s Talent Management Suite to support its organizational learning, performance, succession and compliance initiatives.

With a centralized workforce in its Horsham, PA, headquarters and a remote sales force distributed nationwide, Penn Mutual required a robust and cost-effective talent management solution that could be efficiently deployed to its 1500 employees. Moreover, moving from a combination of multiple legacy electronic systems and paper-based processes, Penn Mutual sought a flexible system that would be easy for employees to understand and use and, at the same time, support the company’s extensive business initiatives.

“Cornerstone OnDemand not only delivers an affordable, powerful talent management solution for Penn Mutual, it also synchronizes with our overall company initiatives to support leadership development and process excellence,” said Marlene Ferris, Penn Mutual’s Assistant Vice President, Learning & Talent Development. “Cornerstone OnDemand is perfectly suited to serve our expanding workforce, even catering to employees unfamiliar with eLearning systems. Cornerstone’s intuitive dashboard capabilities to set target metrics with specific timetables allow us to easily measure organizational progress.”

“Financial services firms, such as insurance companies, are confronted with many scenarios that require streamlined processes for employee learning and development, compliance training, corporate succession planning, and organizational measurement,” noted Adam Miller, president and CEO, Cornerstone OnDemand, Inc. “Cornerstone OnDemand is thrilled to partner with Penn Mutual to help the company reach its goals of winning leadership development and enterprise process excellence.”

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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