MOUNTAIN VIEW, Calif.--Nov. 29, 2005--SumTotal(TM) Systems, Inc.
(NASDAQ: SUMT), the largest provider of learning and business
performance technologies and services, today announced that Donald E.
(Don) Fowler has been appointed CEO, effective immediately. An
experienced Silicon Valley executive, Mr. Fowler has been serving as
interim CEO since October 19, 2005, and had previously served as
chairman of the board of SumTotal and also of Docent, which merged
with Click2learn in March of 2004 to form SumTotal. SumTotal also
announced that current Director and Audit Committee Chairman Jack
Acosta has been appointed chairman of SumTotal's board of directors,
effective immediately.
"I am delighted to move into the SumTotal CEO role on a regular
and full-time basis because of the immense opportunity to expand our
results-oriented solutions for our customers," said Fowler. "I've
worked extensively with the current management team in my role as
chairman. And, together, we've become the industry leader in terms of
revenue, customers and end-users. I believe we have an excellent team
in place, one that I am confident will move the company to a new level
of achievement. I believe my record in growing successful companies,
developing teams and managing mergers will be valuable as SumTotal
continues its rapid growth."
Mr. Fowler is currently involved with various private companies,
through advisory or board memberships, and most recently served in an
executive capacity as CEO of eT Communications from 1996 to 1998, and
as interim CEO of several other companies between 1996 and 2002. Mr.
Fowler was a senior vice president at Tandem Computers from 1986 to
1996. Mr. Fowler also served in executive roles with Bechtel Group
from 1976 to 1986, and IBM from 1965 to 1976. In addition to Docent,
he has also served on the boards of ADAC Laboratories and TelCom
Semiconductor, and now serves on the board of Storage Engine, Inc. Mr.
Fowler received a bachelor's degree in mathematics and a master's
degree in business administration from the University of Washington.
About SumTotal Systems, Inc.
SumTotal Systems, Inc. (NASDAQ: SUMT) is the largest provider of
learning and business performance technologies and services. SumTotal
deploys mission-critical solutions that align learning with
organizational and business goals to generate significant bottom-line
results. With more than 17 million users worldwide, SumTotal has
helped accelerate performance and profits for more than 1,500 of the
world's best-known companies and government agencies including
Accenture, Aetna, Cendant, DaimlerChrysler, Delta Air Lines,
Harley-Davidson, Microsoft, Novartis, PNC Bank, U.S. Army, U.S. Air
Force, U.S. Navy, U.S. Coast Guard, U.S. Bancorp, United Airlines,
Vodafone, Wachovia and Wyeth. SumTotal has offices throughout the
United States, in London, Paris, Singapore, Sydney, Tokyo, Hong Kong
and Hyderabad, India. For more information about SumTotal's products
and services, visit www.sumtotalsystems.com.
Safe Harbor Statement/ Forward-Looking Statements
Information in this press release contains forward-looking
statements. These statements represent SumTotal Systems' expectations
or beliefs concerning future events and include statements, among
others, regarding SumTotal Systems' growth regarding its market
leadership, revenue, and number of customers and end-users. 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 implement SumTotal Systems' solutions; (ii) the ability
to successfully address technological developments and standards;
(iii) the ability to successfully manage growth, significant current
and expected additional competition, and the need to continue to
expand product distribution and services offerings; (iv) the ability
to retain the management team and (v) 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 annual report for fiscal year 2004 on Form 10-K and its
quarterly reports for the first, second and third quarter of fiscal
year 2005 on Form 10-Q filed August 1, 2005, August 9, 2005, and
November 9, 2005, respectively and its Form 8-Ks, including without
limitation the Form 8-K filed on November 7, 2005.
CONTACT: SumTotal Systems, Inc.
Bill Perry, +1 614-975-7538
bperry[at]sumtotalsystems.com