Mountain View, Calif. – April 20, 2007 – According to a recently published report, titled “ 360° Degree Report on Learning Management Systems,” by the eLearning Guild, a global network of more than 25,000 e-learning professionals, SumTotal® Systems, Inc. (Nasdaq: SUMT) has won Member Choice Awards for learning management system (LMS) customer satisfaction and market share, respectively. In particular, SumTotal received kudos from Guild members for its solution for small- and medium-sized corporations.
For its report, the Santa Rosa, Calif.-based eLearning Guild based market share ratings on data from over 2,300 respondents and satisfaction ratings on information from over 1,200 respondents.
Across a list of more than 135 LMS providers, eLearning Guild members gave SumTotal three awards, two Gold and one Platinum.
The first Gold award given was for achieving LMS customer satisfaction among small and medium corporations, which the eLearning Guild defined as organizations with less than 5,000 employees.
SumTotal – a global provider of talent and learning management solutions – won a second Gold award for LMS market share among small and medium corporations. According to the eLearning Guild’s report, SumTotal holds more than 20 percent of the small and medium corporate LMS market.
SumTotal earned its Platinum award for LMS Market Share among large corporations, defined as companies with at least 5,000 employees. According to the eLearning Guild’s report, one out of every three large corporations surveyed owns the SumTotal LMS.
“With 25,000 people around the world as members, we believe the eLearning Guild comprises the largest and most influential group of e-learning design, development and management professionals in the world,” said Steve Wexler, director of research and emerging technologies for the eLearning Guild. “The fact that SumTotal is the winner of the Platinum award for market share is noteworthy, indeed, as it is both a substantial and substantiated achievement.”
As part of its report, the Guild also surveyed over 930 e-Learning professionals representing 840 different organizations to definitively document the state of the LMS industry. When e-learning professionals responding to the report were asked whether or not their LMS provided “a good ROI,” of those who have had TotalLMS in place long enough to evaluate the product, 83 percent answered yes.
About The eLearning Guild
The eLearning Guild is a global Community of Practice for e-Learning professionals and provides learning opportunities, networking services, resources and publications for over 25,000 members. The Guild represents a diverse group of executives, directors, managers, designers, and developers who focus on providing world-class learning services. The eLearning Guild is a subsidiary of Focuszone Media, Inc, based in Santa Rosa, California. Please call +1.707.566.8990 or visit www.eLearningGuild.com for more information.
About SumTotal Systems, Inc.
SumTotal Systems, Inc. (NASDAQ: SUMT) is a global provider of talent and learning management solutions. SumTotal deploys mission-critical solutions designed to align goals, develop skills, assess performance, plan for succession and set compensation. SumTotal’s solutions aim to accelerate performance and profits for more than 1,500 companies and governments of all sizes, including six of the world’s 10 biggest pharmaceutical makers, six of the 10 largest automotive companies in the world, four of the five branches of the U.S. Armed Forces, three of the world’s top five airlines, two of the five largest banks in the world and two of the world’s top five specialty retailers. Mountain View, Calif.-based SumTotal has offices across Asia, Australia, Europe and North America. For more information about SumTotal's products and services, visit www.sumtotalsystems.com.
SumTotal and the SumTotal logo are trademarks or registered trademarks of SumTotal Systems Inc. and/or its affiliates in the United States and/or other countries. Other names may be trademarks of their respective owners.
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 and 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 the date of this news release, and SumTotal does not assume any obligation to update such statements to reflect events or circumstances occurring after the date of this release.