Contact Information

(Petaluma, Calif., May 8, 2003) — The CCHKnowledgePoint Essential Competencies module, currently used in a leading automated performance management system, is now available for integration with ePerformance, a new collaborative application from PeopleSoft, Inc. (Nasdaq: PSFT) designed to streamline the employee performance management business process.

The CCHKnowledgePoint Essential Competencies module is a library of 45 key business competencies already being used by more than 110,000 companies worldwide. When integrated with the PeopleSoft ePerformance application, the Essential Competencies module enables employers to associate appropriate competencies with any employee or job position being reviewed, strengthening their ability to define employee performance in more precise terms. The module includes coaching ideas to enhance employee development. In addition, it provides support for the PeopleSoft language checker, which evaluates responses for legal compliance.

"As a result of this partnership, PeopleSoft customers will have the opportunity to use CCHKnowledgePoint’s proven competencies integrated with PeopleSoft’s new ePerformance application," says Ian Alexander, president. "Managers will be able to use these competencies to describe an individual’s performance to help them clarify strengths and weaknesses, and to more easily compare employees and track development."

Jenni Lehman, vice president of global HCM product strategy for PeopleSoft, notes, "Today’s leading companies understand that workforce performance at an individual level drives goals at the enterprise level and is, therefore, critical to overall business success. Collaborative, effective and high-quality communication from the executive level to managerial and individual levels is an essential key for identifying, driving and monitoring excellent performance. CCHKnowledgePoint’s Essential Competencies module will enable customers to do this through custom, proven, performance-building competencies within the ePerformance application."

CCHKnowledgePoint leverages CCH’s authoritative human resources content and KnowledgePoint’s innovative technology to provide integrated solutions that meet HR professionals and frontline managers’ essential needs. CCHKnowledgePoint has been helping companies of all sizes implement performance management solutions for 15 years. CCHKnowledgePoint is a division of CCH INCORPORATED, a Wolters Kluwer company and provider of employment law and software. For more information about CCHKnowledgePoint products and services, please visit www.knowledgepoint.com or call 1-800-727-1133.

-- ### --

nb-03-64