SumTotal(R) 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.
TOKYO--(BUSINESS WIRE)--Aug. 20, 2007--SumTotal(R) 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.
SumTotal Systems
Bill Perry, +1 614-975-7538 (Media)
bperry[at]sumtotalsystems.com
SumTotal Systems, Inc.
Gwyn Lauber, +1 650-934-9594 (Investors)
glauber[at]sumtotalsystems.com
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