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Sovran Self Storage Maximizes Employee Performance with Cornerstone OnDemand’s Talent Management Software

Sovran to use Cornerstone’s comprehensive solution, including platforms for learning, performance management and social networking, to develop and manage its workforce

Santa Monica, Calif., April 27, 2010 Cornerstone OnDemand today announced that Sovran Self Storage Inc. (NYSE:SSS) will use Cornerstone’s integrated talent management software suite – including platforms for learning management, employee performance management and enterprise social networking – to maximize the effectiveness and productivity of its more than 1,000 employees.

Sovran recognizes that its employees play a key role in the company’s success as it strives to attract and retain good people. This includes providing associates with opportunities for growth and development, establishing consistency across job functions, and fostering a collaborative working environment. Sovran’s decision to invest in Cornerstone’s comprehensive solution is driven by the software’s functionality – namely, it is the only fully integrated suite to combine enterprise social networking with solutions for learning and performance. The solution is easily configurable to meet Sovran’s specific needs, and it is intuitive and easy-to-use for the company’s employees.

“Cornerstone’s software will allow us to give our employees convenient online access to a diverse catalog of best-in-class courses and training resources,” said Kenneth Myszka, President and COO of Sovran Self Storage. “The integration with performance management tools will make it easier for our managers to identify and address skill gaps with timely, on-target training.”

Cornerstone offers a true Software-as-a-Service (SaaS) solution, making it a faster, more efficient and more cost-effective way for Sovran to deploy, manage and maintain its human capital management system. Once the company has implemented its initial talent solution, Sovran will add Cornerstone’s platforms for succession planning and compensation to its suite.

“Maximizing talent investments and meeting business transformations are critical to a company’s performance and bottom line,” said Adam Miller, President and CEO of Cornerstone OnDemand. “We look forward to collaborating with Sovran as they work to provide best-in-class learning and growth opportunities for their employees. Migrating to a comprehensive talent system for learning, performance and enterprise social networking will allow Sovran to be more efficient and effective in closing skill gaps and building talent from within the organization.”

For more information about Cornerstone OnDemand, visit www.cornerstoneondemand.com. To follow Cornerstone OnDemand on Twitter, go to https://twitter.com/cornerstoneinc. To read Cornerstone OnDemand’s talent management blog, visit https://www.cornerstoneondemand.com/blog.

About Cornerstone

Cornerstone is a premier people development company. We believe people can achieve anything when they have the right development and growth opportunities. We offer organizations the technology, content, expertise and specialized focus to help them realize the potential of their people. Featuring comprehensive recruiting, personalized learning, modern training content, development-driven performance management and holistic employee data management and insights, Cornerstone’s people development solutions are used by approximately 7,000 clients of all sizes, spanning more than 75 million users across over 180 countries and 50+ languages. Learn more at www.cornerstoneondemand.com.

Media Contact

Deaira Irons

dirons@csod.com

310-752-0164
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