Sumtotal (NASDAQ:SUMTE)
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From May 2019 to May 2024
SumTotal Systems (Nasdaq:SUMTE), the largest provider of
learning and business performance technologies and services, along
with its Brazilian partner, MicroPower, today announced that SumTotal
president, Kevin Oakes, will deliver a keynote address at the
e-Learning Brasil Conference as part of the company's annual
participation in the show. SumTotal is a Diamond Sponsor of the
conference, the largest in Latin America, held this year at the Gran
Melia Convention Center in Sao Paolo on June 15 and 16. The event
draws hundreds of executives from around the region and focuses on
learning trends and technologies in business, industry, government and
education.
Oakes will deliver his keynote, entitled "The Impact of Learning
on Performance," at the opening session of the conference on Wednesday
morning, June 15. Included in his presentation will be a discussion of
the critical link between learning and business metrics, real-world
customer examples and an exploration of current learning and business
performance industry trends. Oakes also will sit on the "Presidents
Panel," an annual session during which company presidents discuss what
capabilities, benefits and results company presidents expect from
their organizations' learning initiatives and technologies.
"I am always impressed by the number of senior level executives
that attend e-Learning Brasil on behalf of their organizations. It
shows the sophistication of the Brazilian e-learning market, the
strong commitment corporate leadership has to implementing learning at
the highest levels of their organizations and their clear
understanding of the impact of learning on business outcomes," said
Oakes. "I look forward to meeting with our customers and prospects
face-to-face and learning more about their needs both as global
business leaders and their needs in the context of this unique
marketplace."
The e-learning market in Brazil has grown significantly over the
past several years, expanding from $31 million in 1999 to more than
$235 million in 2004, and forecasted to reach $1 billion by 2008.
SumTotal has gained similar momentum in the Brazilian marketplace,
with industry-leading customers including Renault Brasil, General
Motors Brasil, Banco Bradesco, the Bradesco Foundation and software
developer, Datasul, among others. GM Brasil, Datasul and Bradesco all
will present sessions during the conference.
This year, SumTotal will repeat its sponsorship of the e-Learning
Brasil Awards, which recognize outstanding learning initiatives in the
corporate, government and education sectors, and which and will be
awarded during the conference. Banco Bradesco, GM Brasil and Datasul
all are finalists for the award.
SumTotal will round out its participation at the show with
demonstrations of the newly launched SumTotal Enterprise Suite 7.1,
the latest update of the company's flagship learning and business
performance platform, and ToolBook Service Pack 2, the newest
evolution of the award-winning simulation and content authoring
solution.
The hallmark of the SumTotal Enterprise Suite is its unmatched
flexibility and adaptability, enabling organizations to "mold" the
platform to the specific characteristics of their business models.
SumTotal Enterprise Suite 7.1 is the first update of the platform and
incorporates multiple new and enhanced functionalities, including
enhanced reporting management, new standards support for SCORM 2004,
broader offline access and expanded localization capabilities.
ToolBook Service Pack 2 represents the most powerful, version of
the simulation and authoring solution ever brought to market,
delivering an easier, more flexible user experience to learners and
content authors and alike. Responding to customer demand and evolving
industry trends, SumTotal has added significant new features to the
product, including Java-free deployment, support for SCORM 2004
content and expanded browser support, among others.
About SumTotal Systems
SumTotal Systems Inc. (Nasdaq:SUMTE) is the largest provider of
learning and business performance technologies, processes and
services. Formed by the merger of industry pioneers Docent and
Click2learn, the company is uniquely focused on helping organizations
harness and manage mission-critical intellectual power to solve
real-world business problems and produce significant bottom-line
results. SumTotal has helped accelerate performance and profit for
more than 675 of the world's best-known companies and federal and
local government agencies, including Microsoft, United Airlines, US
Army, Air Force, Navy and Coast Guard, Vodafone, Aetna, Accenture,
Cendant, Harley-Davidson, Wyeth, Wachovia and D & B. SumTotal Systems
is headquartered in Mountain View, CA, with offices throughout the US,
as well as in London, Paris, Heidelberg, Sydney, Tokyo and Hyderabad,
India. For more information on SumTotal and its solutions 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' new product, SumTotal Enterprise
Suite 7.1. 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 Enterprise Suite 7.1; (ii) inability to fix in a
timely fashion unanticipated bugs, errors or defects that material
impact the functionality or usability of SumTotal Enterprise Suite
7.1, or unanticipated problems in customer upgrades to SumTotal
Enterprise Suite 7.1 from prior SumTotal products (iii) unexpected
shipment problems or delays of SumTotal Enterprise Suite 7.1; (iv)
customers or partners delaying purchasing or upgrade decisions until
there is widespread market acceptance of SumTotal Enterprise Suite
7.1; (v) the acceptance of SumTotal Enterprise Suite 7.1 and future
product offerings; (vi) the ability to successfully implement SumTotal
Systems' solutions; (vii) the ability to successfully address
technological developments and standards; (viii) ability to
successfully manage growth, significant current and expected
additional competition, and the need to continue to expand product
distribution and services offerings; 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 quarterly report filed on Form 10Q on November 15, 2004
and its Form 8-Ks filed on February 2, March 8, 10 and 17, and April
6, 20 and 28, 2005. SumTotal Systems assumes no obligation to update
the information in this press release."