Mountain View, Calif. – May 30, 2007 – SumTotal® Systems, Inc. (NASDAQ: SUMT), a global provider of talent and learning management solutions, has signed a contract to provide Life Time Fitness, Inc. (NYSE: LTM) with TotalLMS™, a learning management system (LMS) that delivers, tracks and analyzes employee education over the Internet. Life Time Fitness will incorporate TotalLMS into its comprehensive education and development organization, Life Time University, which now serves a growing team of 13,000 staff members across 14 states. Life Time Fitness also has chosen SumTotal’s software for creating training content, TotalLCMS™.
Life Time Fitness, which offers comprehensive health, family recreation, sports and spa facilities that deliver the best professional exercise programs, certified specialists and state-of-the-art equipment, aims to use the SumTotal LMS to complement Life Time University’s curriculum.
"Our goal is to drive increased connectivity among a broader, dynamic population of learners," said Jess Elmquist, senior director of Life Time University. "With our company’s ever-increasing growth, we have reached the point where we must look beyond the traditional training methods used in the past."
With an LMS in place, Life Time Fitness expects to deliver a broader curriculum to a larger audience and do so in a shorter time frame. For example, Life Time Fitness will deliver online training materials in advance of the formal training courses that are held at the company's training center in Minnesota. This will allow instructors to spend more time exploring advanced topics and less time on basic informational elements.
"We believe our company is growing, in part, due to our focus on education and innovation," added Elmquist. "We are unwavering in our commitment to provide customers with an unparalleled experience each and every day, and we achieve this by continuously improving the experience and development of every team member, every year."
To improve each team member's experience at Life Time Fitness, Life Time University is committed to team-member education and development. SumTotal's software will deliver an easily accessible online hub that will facilitate this goal. Additionally, SumTotal's content management software, TotalLCMS, will provide Life Time Fitness with a way to convert courses currently used for classroom instruction into an online learning environment.
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, including TotalLMS and Total LCMS. 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, including TotalLMS and TotalLCMS, and future product offerings; (iii) unknown errors or bugs in 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 and host 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’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 for the quarter ended March 31, 2007 filed on May 9, 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.