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 Hypertherm
Since 1968, Hypertherm has been the industry leader in plasma arc cutting equipment and service. Now, with its entry into the laser-plate cutting market, Hypertherm expands its technology leadership commitment. By continually delivering breakthrough advances in metal-cutting productivity and precision - first in plasma, now also in laser - Hypertherm reaffirms and extends its position as the world's leading supplier of advanced high temperature metal cutting technology. Hypertherm serves a wide range of industrial metal cutting needs from its headquarters in Hanover, New Hampshire, with subsidiaries, sales offices and partner representation worldwide. Hypertherm has been recognized by Fortune Magazine, Business NH Magazine and the Society for Human Resource Management as a "top place to work".


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.


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