SumTotal Systems to Preview SumTotal Enterprise Suite 7.0 at ASTD 2004 Conference and Expo
Attendees to get advance look at unprecedented flexibility, interoperability and measurability that will revolutionize the use and impact of learning and performance technologies across the enterprise
MOUNTAIN VIEW, CA (May 24, 2004) – SumTotal Systems (NASDAQ: SUMT), the industry’s largest provider of learning and business performance technologies, services and processes, today announced that it will give an advance look at the SumTotal Enterprise Suite™ 7.0 to attendees of the ASTD Conference and Expo, held from May 24 – 27 in Washington D.C. The new suite, which the company expects to bring to market in the second half of 2004, incorporates revolutionary new capabilities and represents a significant leap forward in the ability of learning and performance technologies to deliver bottom-line results.
The SumTotal Enterprise Suite promises more flexible, rapid, strategic delivery and management of learning activities; unprecedented options for measuring learning impact on revenues, expenses, cycle time and other business results; and unique interoperability and integration capabilities that dramatically reduce the cost of ownership.
“SumTotal Systems has a singular purpose and vision -- to accelerate client performance and profitability through innovative learning and business solutions,” said Andy Eckert, SumTotal CEO. “Even before our merger closed in March, we were working diligently to design a technology platform that leveraged the strengths of both Click2learn’s and Docent’s existing platforms, and combined them with new, innovative capabilities to help customers drive even greater performance across their value chains. We expect this release will change the playing field in our industry.”
Providing unparalleled breadth in application and depth in business functionality. SumTotal Enterprise Suite 7.0 will be the industry’s most comprehensive, scalable learning and business performance offering, and the only one to combine learning management, learning content management, virtual classroom and in-depth analytics applications on a single, integrated platform. The suite’s innovative, modular structure includes:
- TotalLMS™ - for strategic management of training, corporate information, communication, and employee knowledge
- TotalDashboard™ – for detailed analysis of organization-wide learning data and bottom-line impact
- TotalLCMS™ - for creating, managing and deploying web-based training and simulations
- TotalVCS™ –for live, virtual communication, collaboration and learning over the Web
- TotalPerformance™ –for 360-degree measurement of employee performance, and to ensure alignment of individuals and groups at all levels of the organization
- TotalAccess™ – for comprehensive mobile access to learning, information, and content without network connection
- TotalInformation™ – for management of formal and informal knowledge and information
- TotalCollaboration™ – for collaboration and facilitation of knowledge-sharing with subject matter experts
Other solution components that complement the suite’s applications and help further tailor SumTotal’s solutions to a customer’s specific needs include:
- ResultsOnDemand™ – an ASP solution for immediate-term, turn-key deployment, offering the same rich functionality as an installed solution
- ToolBook 2004™ – for robust simulation and content authoring
The SumTotal Enterprise Suite will provide an open, standards-based architecture that maximizes support for common industry standards and provide seamless interoperability within customer environments. Whether J2EE, .NET or other environments, SumTotal Systems plans to provide a new, industry-leading Integration Framework, along with robust Web services, that ensure the lowest cost of ownership through support for all environments.
“In today's rapidly changing technology landscape, it is critical that enterprise software products be able to coexist in a heterogeneous environment and provide an open framework for integrating with other line of business applications in the customer's ecosystem,” said Eckert. “We designed the SumTotal suite and our Integration Framework with that in mind, ensuring that we support a variety of standards. And even as we evolve product functionality over time in keeping with market needs, our product vision continues to be guided by a commitment to enabling our customers to leverage existing investments in technology, people and training, and to reduce the costs of product implementation, integration, support and maintenance.”
Upgrade paths to the SumTotal Enterprise Suite 7.0 for customers of the existing suites will be available. With a proven track record of more than 80% of the customer base on the latest version of the Docent and Aspen product, SumTotal Systems expects a smooth upgrade process for those customers wishing to take advantage of the new features and functionality in the 7.0 suite.
“SumTotal, is deeply committed to the success of our customers,” said Eckert. “In building the SumTotal suite, we have devoted a tremendous amount of time and effort to listening to their needs---both, current and future. With our customers’ support and validation, we are confident that we will continue to deliver against their requirements---and beyond. We are very excited about introducing this powerful solution to the marketplace.”
For an advance look at some of the innovative new capabilities of the SumTotal Enterprise Suite 7.0, visit the SumTotal booth (#1116) on the ASTD Expo floor.
About SumTotal Systems, Inc.
SumTotal Systems Inc. (NASDAQ: SUMT) is the business performance and learning technology industry’s largest single provider of technologies, processes and services. Formed by the merger of industry pioneers Docent and Click2learn, the company is uniquely focused on helping organizations harness and manage mission-critical intellectual power to solve real-world business problems and produce significant bottom-line results. SumTotal has helped accelerate performance and profit for more than 600 of the world’s best-known companies, including Microsoft, Cingular Wireless, Vodafone, Lucent, Accenture, Cendant, Harley-Davidson, Wyeth, Wachovia and D & B. SumTotal Systems is headquartered in Mountain View, CA, with offices throughout the US, as well as London, Paris, Heidelberg, Sydney, Tokyo and Hyderabad, India.
Safe Harbor Statement/ Forward-Looking Statements
Information in this press release contains forward-looking statements, including statements about future business operations, industry leadership, financial performance and viability, customer benefits, timing and features of our product offerings, acceptance of our solutions, expected innovation, and other potential benefits and synergies to be derived from the transaction and other market conditions that include risks and uncertainties. These statements are not historical facts or guarantees of future performance or events and are based on current expectations, estimates, beliefs, assumptions, goals and objectives, and SumTotal Systems does not assume any obligation to update any such forward-looking statements. These statements are not guarantees of future results and involve known and unknown risks, uncertainties and other factors that may cause actual results to be materially different from the results expressed or implied by these statements. You are cautioned not to place undue reliance on any forward-looking statements. Factors that could cause actual results to differ include, but are not limited to, (i) the challenges and costs of integration and restructuring and the ability to achieve anticipated synergies associated with the recent merger; (ii) an emerging and rapidly evolving market, (iii) market uncertainty with respect to the merger and acceptance of SumTotal System’s product offerings by customers and partners; (iv) adverse changes in general economic or market conditions; (v) delays or reductions in information technology spending; (vi) the ability to attract and retain highly qualified employees; (vii) intense competition in the marketplace and (viii) other events and other important factors disclosed previously and from time to time in SumTotal Systems’ filings with the Securities and Exchange Commission, including the joint proxy statement/prospectus on Form S-4 filed under the name Hockey Merger Corporation.