MOUNTAIN VIEW, Calif.--(BUSINESS WIRE)--May 19, 2006--SumTotal(TM)
Systems (Nasdaq:SUMT), the largest provider of talent, learning and
business performance technologies and services, opened a
45,000-square-foot, state-of-the-art facility on the seventh floor of
Maximus Towers, Mindspace at Madhapur, in Hyderabad, India, for up to
300 employees. The new, high-tech center for SumTotal Systems boasts
cutting-edge technology infrastructure and recreational facilities.
Don Fowler, Chief Executive Officer of SumTotal Systems, said,
"The $2-million investment in this India-based development center will
not only offer a first-class working environment for employees but
also give our operations the room to grow with what we believe is an
increasing need for our enterprise-class product. India plays a
pivotal role for SumTotal's international growth."
SumTotal Systems India Managing Director, Sudheer Koneru said,
"This facility rivals any like it in the world today. We've created a
phenomenal physical environment that will be a catalyst for not only
spurring great work but also attracting top-flight talent. We employ
250 people, and we are looking at adding 50 more by end of the year. A
major portion of our research and development, professional support,
technology services and international delivery happens in Hyderabad.
We have also set up direct sales and marketing teams here. They're
aggressively working with our partners, CA Satyam and NIIT, to market
our products and services in India."
"We are moving our employees into this new facility, creating a
greater presence in the Indian market and providing one facility that
meets the needs of hundreds of SumTotal workers," Koneru added.
About SumTotal Systems, Inc.
SumTotal Systems, Inc. (Nasdaq:SUMT) is the largest provider of
talent, learning and business performance technologies and services.
SumTotal deploys mission-critical solutions that align talent and
knowledge with 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.
SumTotal and the SumTotal logo are trademarks or registered
trademarks of SumTotal Systems, Inc. or its affiliates in the United
States or other countries. Other names may be trademarks of their
respective owners.
Safe Harbor Statement/ Forward-Looking Statements
This press release contains forward-looking statements. 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
attract and retain employees with the facility; (ii) the ability to
successfully manage growth in the facility; (iii) the sufficiency of
the facility to support SumTotal Systems' current and future employees
in India and meet SumTotal Systems' current and future needs; (iv) the
ability to create a greater presence in the Indian market with the
facility; (v) the ability of SumTotal Systems' direct sales and
marketing teams to successfully market and sell products and services
in India, (vi) the ability to successfully integrate the professional
support, technology services and international delivery, direct sales
and marketing teams in India; (vii) the growth of the business
performance and learning management software market; (viii) the growth
of demand for our enterprise products; and (ix) 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 2005 on Form 10-K filed
March 28, 2006, its quarterly report for the first quarter of fiscal
year 2006 on Form 10-Q filed May 10, 2006 and Form 8-Ks. The
forward-looking statements contained in this release are made as of
May 18, 2006, and SumTotal Systems does not assume any obligation to
update such statements to reflect events or circumstances occurring
after the date of this release.
CONTACT: SumTotal Systems
Bill Perry, 614-975-7538
bperry[at]sumtotalsystems.com