Tokyo – August 20, 2007 – SumTotal® Systems, Inc. (NASDAQ: SUMT), a global provider of talent and learning management solutions, appointed Kenji Takeda as president and country manager for its Japanese operations. Kenji Takeda will be responsible for managing sales, marketing and operations.
"Appointing Kenji Takeda as our country manager for Japan was crucial to growing our business in the world’s second-largest economy," said Jack Kramer, SumTotal Systems’ vice president and general manager, International. “He has successfully created and managed business relationships in Japan, across Asia and the United States. And he brings more than 20 years of experience with the software and IT industry.”
“I would like to make use of my many years of experience in the enterprise applications business to expand our opportunities in Japan,” said Kenji Takeda. “With our evolving talent-management solutions, I believe we will not only delight our existing customers and partners but also expand our business. I feel in this new position I can strengthen our relationships with our business partners by providing technical support as well as business development activities.”
Prior to joining SumTotal, Kenji was general manager at Systems Union Limited, a maker of global financial and business management software. While there, he managed day-to-day operations as well as strategy for the company’s Tokyo office. His work included creating a network of channel partners to build a strategic alliance program for Systems Union’s Tokyo office.
Takeda also served as a product strategy manager for PeopleSoft Inc. Earlier in his career, Takeda worked for Oracle Corp., where he spent two years on assignment in the United States as the key liaison for Oracle’s Application Business in Japan. His role was to work closely with the U.S.-based teams to drive pertinent solutions to the Japan marketplace. He also held a management post at Toppan Moore Systems Ltd, where he ran a successful partner channel program in Singapore.
Takeda is a graduate of Aoyama Gakuin University in Tokyo, and holds a degree from The Japanese Chamber of Commerce and Industry.
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, five of the six largest U.S. commercial banks 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, the SumTotal logo, TotalLMS, and Results-On-Demand are registered trademarks or 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 expected growth in Japan. These statements represent SumTotal Systems' expectations or beliefs concerning future 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, specifically in Japan, 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 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 for fiscal year 2006 on Form 10-K filed on March 16, 2007, its quarterly report on Form 10-Q filed on August 7, 2007, its Prospectus Supplement filed on Form 424B2 filed on May 21, 2007, 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.