Mountain View , Calif. – April 10, 2007 – In a recently published study, titled “2007 LMS Customer Satisfaction: An Industry Analysis of the Customer Experience with Learning Management Systems,” Bersin & Associates, an independent research and advisory firm, polled more than 500 training and HR professionals as well as business executives to gauge their level of satisfaction with 13 learning management system (LMS) vendors, including talent management systems provider SumTotal Systems, Inc. (Nasdaq: SUMT). The researchers found that 75 percent of respondents were either “somewhat satisfied” or “very satisfied” with their LMS, which is software for delivering, tracking and analyzing enterprise learning. The study’s authors also noted that, based on research trends, the corporate market was showing a growing interest for integrating performance management software – which automates employee performance reviews and builds a pipeline of talent – with LMS software.
The study evaluated a wide range of satisfaction measures, including product performance, customer service, technical support and content management tools. Within the study’s global enterprise category, respondents rated SumTotal as the customer satisfaction leader, co-leader or “outperformer” in 18 of 20 satisfaction measures. Vendors were considered to be outperformers if their customer satisfaction rating exceeded the category average for any measure. The 18 satisfaction measures for which respondents rated SumTotal as a leader, co-leader or outperformer are:
Safe Harbor / Forward-Looking Statements
Information in this press release contains forward-looking statements, including, but not limited to, the anticipated benefits of SumTotal’s solutions. These statements represent SumTotal Systems' expectations or beliefs concerning future performance or events. 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 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. Readers of this press release are cautioned not to place undue reliance on any forward-looking statements. Additional factors that could cause actual results to differ include, but are not limited to: (i) the ability to successfully manage and increase growth outside of the United States, significant current and expected additional competition, and the need to continue to expand product distribution and services offerings; (ii) the acceptance of SumTotal’s software suite and future product offerings; (iii) unknown errors or bugs in SumTotal’s software suite; (iv) the inability to fix in a timely fashion unanticipated bugs, errors or defects that materially impact the functionality or usability of SumTotal’s software; (v) the ability to successfully implement SumTotal Systems' solutions; (vi) the ability to successfully address technological developments and standards; and (vii) 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 company’s annual report on Form 10-K filed on March 16, 2007, its Form S-3/As filed on September 28, 2006, and October 2, 2006, and its Form 8-Ks. The forward-looking statements contained in this release are made as of April 10, 2007, and SumTotal does not assume any obligation to update such statements to reflect events or circumstances occurring after the date of this release.