Wilmington,
N.C.-based CourseUp!, a developer of computer-based training and
knowledge delivery solutions for franchise organizations and
professional associations, has picked SumTotal(R) Systems, Inc.
(NASDAQ:SUMT) to provide technology for delivering, among other
things, instruction on how best to launch and run a franchise.
MOUNTAIN VIEW, Calif.--(BUSINESS WIRE)--Oct. 2, 2007--Wilmington,
N.C.-based CourseUp!, a developer of computer-based training and
knowledge delivery solutions for franchise organizations and
professional associations, has picked SumTotal(R) Systems, Inc.
(NASDAQ:SUMT) to provide technology for delivering, among other
things, instruction on how best to launch and run a franchise. As part
of the contract, CourseUp! purchased SumTotal's ResultsOnDemand(TM)
and SumTotal's ToolBook(R) Instructor 9.0.
"ResultsOnDemand will underpin how we transfer knowledge from a
corporation to its franchisees," said CourseUp! President Arnold
Murdock, Ph.D. "Traditionally, franchise organizations have passed
knowledge to franchisees through conference calls, face-to-face
meetings and manuals. Relaying information with phone calls and
manuals is not the best way to teach someone about the intricacies of
running a franchise. We feel our customers will benefit from the speed
and ease offered by ResultsOnDemand."
ResultsOnDemand is SumTotal's software-as-a-service (SaaS) model
for analyzing performance and delivering learning over the Internet.
ToolBook Instructor 9.0 is the newest version of SumTotal's product
for developing software simulations and e-learning content.
According to Dr. Murdock, the online services delivered by
ResultsOnDemand may include developmental programs on such topics as
merchandising, accounting and management.
Dr. Murdock says companies also call on CourseUp! to supply
technical skills training to their franchisees. So CourseUp! purchased
ToolBook(R) for developing online assessments and scenario-based
training.
"With ToolBook and ResultsOnDemand, we can develop training
content for franchisees and track the use of that content over time,"
added Dr. Murdock. "The one-two punch of ResultsOnDemand and ToolBook
gives us a user-friendly software solution for providing e-learning
that's better than anything we could find on the market."
"And ToolBook is great for integrating multimedia assets such as
audio, video and Adobe Flash. This, combined with Toolbook's
OpenScript language, allows us to develop high-end interactive
training materials," Dr. Murdock said. "We feel the content we build
with ToolBook will run flawlessly on ResultsOnDemand because the same
company makes both software products.
"ResultsOnDemand is cost-effective too," said Dr. Murdock. "It's
hard to get into a system of this caliber at this cost. We loved the
idea of SumTotal handling the server side of things as well. As a
small organization, it was extremely attractive to have SumTotal
handle the technical aspects of running ResultsOnDemand."
"We believe companies choose our software so they can quickly
deliver the critical learning that workers need to achieve business
goals," said Sanjay Dholakia, senior vice president for corporate and
business development at SumTotal. "We feel our software strategically
steers users to what they need to learn. For employers, that
translates into things like a boost in sales, better employee
retention or improved workplace safety."
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, and ResultsOnDemand 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 Statement/ Forward-Looking Statements
Information in this press release contains forward-looking
statements, including, but not limited to, the anticipated benefits,
results and performance of SumTotal's products and solutions, such as
ResultsOnDemand and ToolBook Instructor 9.0. 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, including but not limited
to: (i) unknown errors or bugs in ResultsOnDemand or ToolBook
Instructor 9.0; (ii) the inability to fix in a timely fashion
unanticipated bugs, errors or defects that materially impact the
functionality or usability of SumTotal's software; (iii) the
acceptance of SumTotal's software and future product offerings, both
in the United States and abroad; (iv) the ability of SumTotal's
employees to successfully implement SumTotal's solutions; (v) the
actual benefits and performance of ResultsOnDemand and ToolBook
Instructor 9.0; (vi) the compatibility of ResultsOnDemand and ToolBook
Instructor 9.0 with other computer programs and systems; (vii) the
ability to successfully address technological developments and
standards both in the United States and abroad; 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 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 press
release, and the company assumes no obligation to update the
information in this press release to reflect events or circumstances
occurring after the date of this release.
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