Pitney Bowes Selects Cornerstone OnDemand for Integrated Learning, Performance Management, and Succession Planning

Santa Monica, CA, August 15, 2005 - Cornerstone OnDemand, a leading provider of integrated on-demand enterprise software solutions for talent management, today announced that Pitney Bowes, the world's leading provider of integrated mail and document management systems, services and solutions, has selected Cornerstone OnDemand as its new human capital management system. Pitney Bowes will replace its existing, separate learning and performance management systems with Cornerstone's fully integrated system. Cornerstone will be rolled out across the organization to over 30,000 employees worldwide and will provide Pitney Bowes with enhanced tools to more strategically manage its workforce.


"We conducted an extensive search for a comprehensive human capital management solution and a vendor who could help us achieve our learning and talent management goals," said Larry Israelite, Director, Strategic Learning, Pitney Bowes, Inc. "Cornerstone OnDemand gives us the tools we need to fully integrate learning, development, performance management, and succession planning within a single highly flexible, yet easy-to-use, product. "


Pitney Bowes will deploy Cornerstone throughout the organization in order to seamlessly link employee performance, business unit capability requirements, and corporate earnings, profit, and productivity goals."


"Pitney Bowes has a very advanced vision for the development and management of its workforce," said Adam Miller, President and CEO of Cornerstone OnDemand. "We're extremely proud that after all the due diligence Pitney Bowes put into this search, our leading edge solution came out on top."


About Pitney Bowes
Pitney Bowes is the world's leading provider of integrated mail and document management systems, services and solutions. The $5.1 billion company helps organizations of all sizes efficiently and effectively manage their mission-critical mail and document flow in physical, digital and hybrid formats. Its solutions range from addressing software and metering systems to print stream management, electronic bill presentment and presort mail services. The company's 85 years of technological leadership have produced many major innovations in the mailing industry, and it is consistently on the Intellectual Property Owner's list of top U.S. patent holders. With approximately 35,000 employees worldwide, Pitney Bowes serves more than 2 million businesses through direct and dealer operations. Visit http://www.pb.com/ for more information on the company.


About Cornerstone OnDemand, Inc.
Cornerstone OnDemand is the only proven provider of on-demand enterprise software solutions for talent management. The Cornerstone OnDemand talent management suite provides fully-integrated solutions for learning management, employee performance management, and succession planning along with over 30,000 online training titles and integrated tools for compliance and analytics. Cornerstone OnDemand's software is used by industry leaders such as Aon, Honda, Pearson, Pitney Bowes, Smith Barney and Washington Mutual to achieve organizational excellence.


For more information, please visit www.cornerstoneondemand.com.

Press Contact:
Michelle Haworth
Cornerstone OnDemand, Inc.
P: 310-752-0178