Mountain View, Calif. – May 14, 2007 – SumTotal® Systems, Inc. (Nasdaq: SUMT), a global provider of talent and learning management solutions, announced that élogos conocimiento S.L., www.elogos.es , a Madrid, Spain-based consulting and technology services company, has become an implementation partner. Along with its agreement with SumTotal, élogos has purchased TotalLMS ™ , which is software for delivering, tracking and analyzing learning over the Internet. With offices in Madrid and South America, élogos will offer TotalLMS to clients across Spain as well as Chile.
As an implementation partner, élogos will also offer planning, implementation and support services for the SumTotal Enterprise Suite™.
Xavier Netto, product manager of élogos, said, “After considering the different talent management solutions available to the marketplace, we believe TotalLMS is the best solution for our Spanish and South American clients. We feel TotalLMS is a powerful system for delivering learning and assessing performance. It’s easy to use, yet flexible enough to handle the learning and development needs of small or large companies. We believe our ability to implement and host SumTotal’s solution means our clients will be up and running on the industry’s best solution in the shortest possible time.”
With more than 250 employees and offices across Spain and South America, élogos is a leading consultancy for enterprise learning and talent management systems as well as virtual classroom and Web conferencing solutions.
“We believe élogos’ focus on banking, financial services, energy and government, among other industries, meshes with our business strategy to build on our base of business across many industries as well as geographies,” said Don Fowler, chief executive officer of SumTotal. “Through élogos, we feel we can deliver exceptional products, support and services to new customers in Spain as well as South America.”
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 TotalLMS and SumTotal Enterprise Suite, and the scope and anticipated benefits of SumTotal’s partnership with élogos. These statements represent SumTotal’s 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 in the United States as well as internationally, including Spain and South America; (ii) the acceptance of SumTotal’s software suite and future product offerings; (iii) the ability to successfully work with élogos to implement SumTotal’s solutions in Spain and South America; (iv) unknown errors or bugs in SumTotal’s software suite; (v) the ability to fix in a timely fashion unanticipated bugs, errors or defects that materially impact the functionality or usability of SumTotal’s software; (vi) the ability to successfully implement SumTotal’s solutions; (vii) the ability to successfully address technological developments and standards; and (viii) other events and other important factors disclosed previously and from time to time in SumTotal’s filings with the Securities and Exchange Commission, including the company’s annual report on Form 10-K filed on March 16, 2007, its quarterly report on Form 10-Q filed on May 10, 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.