2006-07-24 Cornerstone OnDemand to present IN THE AO and MIT/Stanford Venture Lab CEO Showcase
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Leading Talent Management Firm to Present on how to Increase Workforce Performance and Reduce Training and Administration Costs

Santa Monica, CA – July 24, 2006 - Cornerstone OnDemand, Inc., the leading provider of on-demand enterprise software solutions for talent management, today announced that it will participate in the AO & MIT/Stanford Venture Lab CEO Showcase program at the AlwaysOn Stanford Summit, taking place between July 25-27 at the Frances C. Arrillaga Alumni Center on the Stanford University Campus. The event is co-hosted by the Stanford Technology Ventures Program (STVP) within the Stanford School of Engineering.

 

During the Summit, 50 CEOs of emerging private companies will present their businesses to a panel of industry insiders and a standing-room-only audience. The top three companies will be given the opportunity to present to the audience on the main stage at the end of the event.

 

Cornerstone OnDemandwill present its business at 11:30am-12:20pm on July 26th. To arrange a briefing with Cornerstone OnDemand at AlwaysOn, please contact Claire Spina by phone at 781-842-3381, or via e-mail at cornerstone@perkettpr.com

 

“We are pleased to have the opportunity to present our business and our industry-leading talent management solution at this year’s AlwaysOn Stanford Summit,” said Adam Miller, President and CEO, Cornerstone OnDemand.  “With the corporate world beginning to understand the impact of integrated talent management and the value of on-demand software, we are focused on leveraging our proven expertise to help these organizations significantly increase workforce productivity.  Six years of consecutive triple-digit growth combined with a 100% renewal rate speaks to the positive impact Cornerstone has had for our clients.”

 

“The CEO Showcase program is an open forum where companies can unveil their go-to-market strategies,” said Tony Perkins, founder of AlwaysOn. “Following in the tradition of AlwaysOn, companies are able to obtain unique insights from leading industry insiders, meet their peers and partners, and gain the attention of the venture community.”

 

“Tony Perkins’ AlwaysOn Stanford Summit provides an unparalleled opportunity to see a truly remarkable level of innovation and entrepreneurial spirit as evidenced by the companies featured in the CEO Showcase,” said Louise Velazquez, Chairman of the MIT/Stanford Venture Lab. “Undoubtedly these companies represent the best and the brightest in the industry, and we are proud to recognize these entrepreneurs for their foresight and innovative work.”

Every year AlwaysOn’s highly-regarded Summit brings together successful entrepreneurs, business and political thought leaders, and top venture capitalists, to spot trends and spark new ideas and initiatives.

For further information please visit: http://alwayson.goingon.com/permalink/post/866

 

About Stanford Technology Ventures Program
The Stanford Technology Ventures Program is dedicated to accelerating high-technology entrepreneurship education and creating scholarly research on technology-based firms. STVP (http://stvp.stanford.edu) believes that engineers and scientists need entrepreneurial skills to be successful at all levels within an organization. The program prepares students for leadership positions in industry, academics, and society. In addition, STVP disseminates research and teaching knowledge throughout the world. STVP is located within the Stanford University School of Engineering and is hosted by the Department of Management Science and Engineering.

 

About MIT/Stanford Venture Lab
The MIT/Stanford Venture Lab (VLAB) is a joint venture between the MIT Enterprise Forum, the Office of Technology Licensing (OTL) at Stanford University, and the Alumni Association of the Graduate School of Business. As the San Francisco Bay Area chapter of the MIT Enterprise Forum, VLAB is dedicated to promoting the growth and success of high-tech entrepreneurial ventures by connecting ideas, technology and people. VLAB’s distinctive events provide participants and audience members alike the opportunity to exchange ideas about how to successfully navigate the entrepreneurial waters. Monthly forums bring together highly respected, successful business leaders, industry experts and entrepreneurs who collaborate on the best ways to address ongoing entrepreneurial issues and expand their business. See www.vlab.org for more information.

 

About AlwaysOn
AlwaysOn is transforming the communication business with its online blogging network; establishing it as a leader in the open media revolution. Borrowing on the underground blogging and social networking traditions, AlwaysOn (www.alwayson.goingon.com) was launched in 2003. Today, AlwaysOn’s annual Stanford Summit and OnHollywood events, print “blogozine” and online services encourage direct collaboration between the global thought leaders and technology insiders whose ideas and innovations are shaping the always-on world.

AlwaysOn, LLC, is a privately held and virtually headquartered company born out of the heart of Silicon Valley.

 

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
mhaworth@cornerstoneondemand.com

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