Mountain View , Calif. – April 30, 2007 – The U.S. Chamber of Commerce selected SumTotal® Systems, Inc. (NASDAQ: SUMT), a global provider of talent and learning management solutions, to build an online university for approximately 500 Chamber employees across the United States. The online university will be an easily accessible portal for employees to find information related to professional development, tap into best practices and obtain compliance training.
To build its online university, the Washington, D.C.-based organization selected SumTotal’s ResultsOnDemand ™ platform, which is SumTotal’s software-as-a-service (SaaS) model for analyzing employee performance and delivering learning over the Internet
Among the first initiatives for the online university will be delivering instruction aimed at the Chamber’s membership-development team, which focuses, in part, on selling the value of a Chamber membership to small, medium and large businesses.
To supplement training for its membership development team, the Chamber will also use the SumTotal platform to put instruction online so team members can continually refer back to their classes and access the most up-to-date curriculum.
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 products and solutions, such as ResultsOnDemand. 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, 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, and the functionality and usability of, SumTotal’s software suite; (iv) the ability 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 in the future; (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 release, and SumTotal does not assume any obligation to update such statements to reflect events or circumstances occurring after the date of this release.