Press Release

2017

NIIT Forms Strategic Relationship with Cornerstone OnDemand

New Delhi, India /Atlanta, GA, July 6, 2017: NIIT Limited, a leading provider of managed training services, announced today that it has formed a strategic relationship with Cornerstone OnDemand (NASDAQ: CSOD), a global leader in cloud-based learning and human capital management software.

The two companies will collaborate in the areas of implementation, business consulting, technical and content consulting, and outsourced administration. As part of the agreement, NIIT will add Cornerstone certified administrators and resources to its implementation and support teams across the globe, with the initial implementation in Canada. NIIT will in-turn, support Cornerstone in training content rebuild with high quality, modern learning content - specifically for modern learner engagement, audience management, content reduction, governance and non-mandatory services.

"We envision that the collaboration will combine the best of both worlds – NIIT's high quality managed training services with Cornerstone's powerful platform. We look forward to providing our customers with better and more improved business-aligned services with this relationship," said Sailesh Lalla, Senior Vice President, Business Development at NIIT.

"We're thrilled to add NIIT to our ecosystem of global implementation and consulting alliances. In particular, NIIT's significant Canadian presence will benefit our continued expansion in the region," said Dave Mortell, Vice President of Alliances for Cornerstone OnDemand.

About NIIT

NIIT is a leading Skills and Talent Development Corporation that is building a manpower pool for global industry requirements. The company, which was set up in 1981 to help the nascent IT industry overcome its human resource challenges, today ranks among the world's leading training companies owing to its vast and comprehensive array of talent development programs. With a footprint across 40 nations, NIIT offers training and development solutions to Individuals, Enterprises and Institutions. NIIT has three main lines of business across the globe – Global Corporate BusinessGlobal Retail Business Skills and MindChampion Learning Systems Limited.

NIIT's Global Corporate Business (GCB) offers Managed Training Services (MTS) to market-leading companies in North America, Europe, Asia, and Oceania. The Global Retail Business (GRB) delivers a diverse range of learning and talent development programs to millions of individual and corporate learners in areas including Digital Transformation, Banking, Finance & Insurance, Soft Skills, Business Process Excellence, Retail Sales Enablement, Management Education, Multi-Sectoral Vocational Skills, Digital Media Marketing, and new-age IT.  As NIIT's wholly owned subsidiary for its K-12 school learning initiative - MindChampion Learning Systems Limited (MLSL), provides futuristic NIIT nGuru range of learning solutions for schools comprising, interactive Classrooms with digital content, technology-driven Math Lab, IT Wizard programs and Quick School - an Education Resource Planning software. The Training.com learning platform is an NIIT initiative for advanced career programs, which are delivered live by industry experts in an immersive and interactive online mode, combining instructor-led classrooms with the convenience of accessing the training sessions from anywhere.

As the Most Trusted Training Brand in India for 5th year in a row (Brand Trust Report, 2017), NIIT's learning and talent development solutions, continue to receive widespread recognition globally. NIIT has been named among the Top 20 Training Outsourcing Companies for the past nine consecutive years by Training Industry, Inc. USA. Further, leading Indian ICT journal Dataquest has conferred upon NIIT the 'Top Training Company' award successively for the past 20 years, since the inception of this category. NIIT has also been featured as the 'Most Respected Education Company'- 2016 by leading financial magazine, Business World. NIIT.tv – a disruptive innovation by NIIT, won the prestigious award for 'Educational Technology, at the Indo-American Education Summit 2016.

For Media query, Please contact

Prateek Chatterjee

Senior Vice President, Corporate Communications & Marketing, NIIT Limited

Ph: (Cell) +91 9910201085, (Dir) +91 124 4293370

Email: prateek.chatterjee@niit.com

Swati Sharma

Corporate Communications & Marketing, NIIT Limited

Ph: (Cell) +91 9999601154, (Dir) +91 124 4293042

Email: swati.1.sharma@niit.com

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About NIIT

NIIT is a leading Global Talent Development Corporation that is building a manpower pool for global industry requirements. The company, which was set up in 1981 to help the nascent IT industry overcome its human resource challenges, today ranks among the world’s leading training companies owing to its vast, yet comprehensive array of talent development programs. With a footprint across 30 nations, NIIT offers training and development solutions to Individuals, Enterprises and Institutions.