SUMTE Sumtotal Systems (MM)

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."