Accordingto a recently published report, titled "360 Degree Report on LearningManagement Systems," by the eLearning Guild, a global network of morethan 25,000 e-learning professionals, SumTotal(R) Systems, Inc.(Nasdaq:SUMT) has won Member Choice Awards for learning managementsystem (LMS) customer satisfaction and market share, respectively.
MOUNTAIN VIEW, Calif.--(BUSINESS WIRE)--April 20, 2007--According
to a recently published report, titled "360 Degree Report on Learning
Management Systems," by the eLearning Guild, a global network of more
than 25,000 e-learning professionals, SumTotal(R) Systems, Inc.
(Nasdaq:SUMT) has won Member Choice Awards for learning management
system (LMS) customer satisfaction and market share, respectively. In
particular, SumTotal received kudos from Guild members for its
solution for small- and medium-sized corporations.
For its report, the Santa Rosa, Calif.-based eLearning Guild based
market share ratings on data from over 2,300 respondents and
satisfaction ratings on information from over 1,200 respondents.
Across a list of more than 135 LMS providers, eLearning Guild
members gave SumTotal three awards, two Gold and one Platinum.
The first Gold award given was for achieving LMS customer
satisfaction among small and medium corporations, which the eLearning
Guild defined as organizations with less than 5,000 employees.
SumTotal -- a global provider of talent and learning management
solutions -- won a second Gold award for LMS market share among small
and medium corporations. According to the eLearning Guild's report,
SumTotal holds more than 20 percent of the small and medium corporate
LMS market.
SumTotal earned its Platinum award for LMS Market Share among
large corporations, defined as companies with at least 5,000
employees. According to the eLearning Guild's report, one out of every
three large corporations surveyed owns the SumTotal LMS.
"With 25,000 people around the world as members, we believe the
eLearning Guild comprises the largest and most influential group of
e-learning design, development and management professionals in the
world," said Steve Wexler, director of research and emerging
technologies for the eLearning Guild. "The fact that SumTotal is the
winner of the Platinum award for market share is noteworthy, indeed,
as it is both a substantial and substantiated achievement."
As part of its report, the Guild also surveyed over 930 e-Learning
professionals representing 840 different organizations to definitively
document the state of the LMS industry. When e-learning professionals
responding to the report were asked whether or not their LMS provided
"a good ROI," of those who have had TotalLMS in place long enough to
evaluate the product, 83 percent answered yes.
About The eLearning Guild
The eLearning Guild is a global Community of Practice for
e-Learning professionals and provides learning opportunities,
networking services, resources and publications for over 25,000
members. The Guild represents a diverse group of executives,
directors, managers, designers, and developers who focus on providing
world-class learning services. The eLearning Guild is a subsidiary of
Focuszone Media, Inc, based in Santa Rosa, California. Please call
+1.707.566.8990 or visit www.eLearningGuild.com for more information.
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, two of the
five largest banks in the world 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 and the SumTotal logo are trademarks or registered
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 anticipated benefits of
SumTotal's solutions. These statements represent SumTotal Systems'
expectations or beliefs concerning future performance and 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,
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; (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 on Form
10-K filed on March 16, 2007, its 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
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.
CONTACT: Media contact:
SumTotal Systems, Inc.
Bill Perry, 614-975-7538
bperry[at]sumtotalsystems.com
or
Investors contact:
SumTotal Systems, Inc.
Gwyn Lauber, 650-934-9594
glauber[at]sumtotalsystems.com
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