New Products and ASTD Opening Reception Highlight SumTotal Systems Appearance at 2005 ASTD Expo
June 02 2005 - 7:55AM
Business Wire
Learning and Business Performance Leader to Offer Attendees of
Industry's Largest Event an In-Depth Look at Newly Launched
SumTotal Enterprise Suite 7.1 and ToolBook Service Pack 2 SumTotal
Systems (Nasdaq:SUMTE), the largest provider of learning and
business performance technologies and services, today announced
highlights of its annual appearance at the ASTD International
Conference and Expo (ICE), the learning industry's largest event,
being held this year from June 6-8 at the Orange County Convention
Center in Orlando, Florida. SumTotal will host the show's opening
reception and will showcase newly launched versions of its
industry-leading products -- the SumTotal Enterprise Suite and
ToolBook. On Sunday, June 5, from 5:30-7:30 p.m. at the Convention
Center, SumTotal will officially kick off the expo as the exclusive
sponsor of the show's opening night reception, one of the
conference's primary networking events. During the remainder of the
conference, SumTotal's main focus will be on spotlighting the
SumTotal Enterprise Suite 7.1, the latest version of its flagship
learning and business performance platform, and ToolBook Service
Pack 2, the newest evolution of the award-winning simulation and
content authoring solution, which will launch in conjunction with
the ASTD conference. SumTotal will demonstrate both products at its
booth (#2007) throughout the show. SUMTOTAL ENTERPRISE SUITE 7.1
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.
Since its introduction in December 2004, the SumTotal Enterprise
Suite 7 has generated significant market response. To date, 33 new
SumTotal customers have purchased the platform, 18 existing
customers are in the process of upgrading from previous versions
and more than 50 additional customers have expressed plans to
upgrade to the SumTotal 7 platform in the coming months. 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. -- Enhanced Reporting Management -- The Report
Manager available out of the box with TotalLMS allows organizations
to easily and securely create a wide variety of reports from any
LMS data, effectively measuring the impact of learning activities
on a wide range of business objectives and facilitating strategic
decision-making. SumTotal 7.1 enhances this unique capability,
making it even easier for individual users to design custom reports
that fit their specific organizational structures and processes
without the need to call in IT resources. With a simple
drag-and-drop functionality, and more than 50 filter options in
each report, users can configure and generate detailed reports in
seconds, with no programming or specialized knowledge required. --
New Standards Support -- SCORM 2004 -- SumTotal 7.1 represents a
major milestone in SumTotal's initiative for SCORM 2004 compliance.
SCORM 2004 is the latest version of the "Shareable Content Object
Reference Model," and SumTotal 7.1 now enables organizations to
deliver, track and report on SCORM 2004 learning content through
TotalLMS. -- Broader Offline Access -- SumTotal 7.1 fully leverages
the capabilities of the TotalAccess module, which enables offline
delivery, interaction and tracking of Web-based content. Designed
for organizations with dispersed employee populations, traveling
field personnel, or limited connectivity, TotalAccess provides
offline users with a similar learning environment and experience to
that of online users, with learning progress, scores and
certifications automatically recorded and stored for later
synchronization with the LMS database when users reconnect to the
network. -- Expanded Localization With a Single Click -- Reflecting
the increasing globalization of learning initiatives across
extended enterprises, SumTotal 7.1 has added support for three new
languages -- Canadian French, traditional Chinese and simplified
Chinese -- with support for several additional languages in
development. TOOLBOOK SERVICE PACK 2 Following beta testing by more
than 500 SumTotal clients, ToolBook Service Pack 2 will launch in
conjunction with the ASTD conference. 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
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. -- Java-Free Deployment --
With this release, users can launch and interact with ToolBook's
rich Web content without the need for Java in their Web browsers.
This decreases restrictions on content, making it much easier to
access and use by a broader range of learners. -- SCORM 2004
Support -- Mirroring the SCORM 2004 support in SumTotal 7.1,
ToolBook Service Pack 2 also adds support for the standard,
strengthening the integration of ToolBook content with TotalLMS or
other SCORM 2004-compliant learning management systems. Ensuring
the smooth deployment of learning content through an organization's
LMS, this reduces cycle time for content authors and the total cost
of learning initiatives as a whole. -- Expanded Browser Support --
Also providing increased flexibility and options for the ToolBook
user community, ToolBook Service Pack 2 incorporates new support
for browsers Mozilla and Firefox in addition to its continued
support for Microsoft Internet Explorer and Netscape. Now larger
audiences of users can run ToolBook content through a broader
variety of Web browsers without having to install new applications
or worry about incompatibility of the content with their systems.
"ASTD ICE always gives us the valuable opportunity for one-on-one
interaction with customers, partners and colleagues and for dynamic
discussions about how our products can evolve to address changing
business problems and market-driven issues for our clients," said
R. Andrew Eckert, SumTotal CEO. "We are especially glad to be
showing what I believe to be the most exciting and effective
product offerings we have ever delivered -- the result of months of
innovative design and development. We anticipate a very
enthusiastic response to SumTotal 7.1 and ToolBook Service Pack 2
and we look forward to introducing them in greater detail to the
visitors at our booth." About ASTD ASTD is a leading association of
workplace learning and performance professionals, forming a
world-class community of practice. ASTD's 70,000 members and
associates come from more than 100 countries and thousands of
organizations -- multinational corporations, medium-sized and small
businesses, government, academia, consulting firms, and product and
service suppliers. 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 materially 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."
Sumtotal (NASDAQ:SUMTE)
Historical Stock Chart
From Apr 2024 to May 2024
Sumtotal (NASDAQ:SUMTE)
Historical Stock Chart
From May 2023 to May 2024