SumTotal(R) Systems, Inc. (NASDAQ:SUMT), a global provider of talent and learning
management solutions, announced that FEMSA (NYSE:FMX), the leading
beverage company in Latin America, has deployed the SumTotal
TotalLMS(TM) solution to manage learning in its operating units in
Mexico and South America.
MOUNTAIN VIEW, Calif.--(BUSINESS WIRE)--Jan. 14, 2008--SumTotal(R)
Systems, Inc. (NASDAQ:SUMT), a global provider of talent and learning
management solutions, announced that FEMSA (NYSE:FMX), the leading
beverage company in Latin America, has deployed the SumTotal
TotalLMS(TM) solution to manage learning in its operating units in
Mexico and South America.
FEMSA will use TotalLMS as part of a company-wide talent
management initiative to standardize HR processes in its operating
units including FEMSA Cerveza, one of the most innovative brewers and
an important beer exporter to the United States with well known brands
like Tecate, Dos Equis and Sol; Coca-Cola FEMSA, the largest bottler
of Coca-Cola outside of the US, and OXXO, the largest and fastest
growing convenience store chain in Mexico with over 5,200 stores.
With close to 100,000 employees world wide, FEMSA develops future
leaders from within its own ranks and needed a robust and scalable
solution to ensure that employees in all countries and operating units
receive training which is aligned with their personal development
plans.
"SumTotal provides us with a very flexible platform which allows
us to standardize learning throughout a global organization while
still accommodating the specific needs of our different business units
and recognizing that there are different requirements in Mexico than
in Venezuela or Brasil," said Luis Enrique Flores, FEMSA Manager of HR
Projects. "With SumTotal, we will be able to consolidate data and
processes into a single system that will reduce operating costs and
allow management to have better visibility regarding how well our
people at all levels are prepared."
The solution was implemented by SumTotal's Mexico partner
SistemasCBT. "We are very pleased to have FEMSA join the large
community of SumTotal users in Mexico," said Valentin Gonzalez,
managing director of SistemasCBT. "The FEMSA implementation was a
large one that included integration with their HRIS system,
configuring multiple domains, and deploying various types of content
in a blended environment. We look forward to FEMSA's active
participation in our local user group where clients have the
opportunity to share best practices."
"In order to grow and expand business opportunities, organizations
need to develop talent from within," said Jack Kramer, vice president
and general manager, International Sales, Marketing and Services.
"SumTotal's solution can help companies develop future leaders and
prepare the workforce for new challenges, while developing talent
across the organization."
About FEMSA
FEMSA is the leading beverage company in Latin America. It
controls an integrated beverage platform that comprises Coca-Cola
FEMSA, the largest Coca-Cola bottler in the region; FEMSA Cerveza, one
of the leading brewers in Mexico and important beer exporter to the
United States; and Oxxo, the largest and fastest growing convenience
store chain in Mexico with over 5,200 stores.
About Sistemas CBT
Sistemas CBT, a Cepra Group company, implements world class
technology using its experienced professional services team to create
the most robust, open and expandable Human Resource management
solutions in the industry. In alliance with global e-learning and
collaboration enterprise companies, Sistemas CBT is a leader in the
Mexican market, offering complete solutions to distribute and
administer knowledge, training, collaboration, performance and talent
in highly reliable forms, whether via intranet, Internet or hosted
environments (ASP).
About SumTotal Systems
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 TotalLMS 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
TotalLMS. These statements represent SumTotal's 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) unknown errors
or bugs in SumTotal's software solutions, including without limitation
TotalLMS; (ii) the acceptance of SumTotal's software suite and future
product offerings; (iii) the ability to successfully manage and
increase growth, both within and outside of the United States,
significant current and expected additional competition, and the need
to continue to expand product distribution and services offerings;
(iv) the actual demand and growth of the market for performance
management products and services; (v) the inability 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 in the future;
(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 for fiscal year 2006 on Form 10-K filed on March 16, 2007, its
quarterly report on Form 10-Q filed on November 8, 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 the date of this news release, and SumTotal does not assume
any obligation to update such statements to reflect events or
circumstances occurring after the date of this release.
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