Mountain View, CA – June 2, 2008 – SumTotal® Systems, Inc. (NASDAQ: SUMT), the market leader and global provider of talent development solutions, today announced that the company was selected as a 2007 ASTD Excellence in Practice Award Winner for their internal use of the SumTotal Unified Talent Development Suite. Using this solution, SumTotal realized a 75% increase in new hire ramp times and a 73% increase in retention.
The ASTD Excellence in Practice Awards program recognizes organizations for results achieved through learning and performance practices and solutions. They are presented to organizations with proven practices that meet a demonstrated need, have appropriate design values, are aligned with other performance improvement initiatives and deliver clear and measurable results.
“While we are a leader in talent development solutions, we also want to implement the competencies that drive employee engagement and customer satisfaction,” says project leader Dawn Cassidy, Sr. Director of Talent Management and TotalUniversity at SumTotal. “Together with our business teams, we worked to understand the business problems and the ideal processes. Once the framework was built, we implemented our own technology with no customization, including the ability for managers to do employee assessments offline during air travel and from remote parts of the world with no sacrifice in capabilities. Our technology streamlined the assessment process giving managers more personal interaction time with employees and creating more engagement.”
“We were focused on the end results and reports allowed us to isolate individual performance and team performance across geographical regions and departments. Managers identified critical skill gaps and were given the ability to mitigate with training, mentoring and on-the-job training. In addition, we could identify promotion readiness and identify top performers for succession planning,” added Cassidy. “Based on our success, we are sharing what we learned with our customers.”
“I speak for the company in offering congratulations to Dawn and her team,” says Don Fowler, SumTotal’s chief executive officer. “Dawn had to go through the same process that many of our customers must do – understand a critical business issue and how talent and employee performance can improve the opportunity in tangible, business results. Our focus internally on customer satisfaction is also a reflection of our focus on our customers’ business results and opportunities.”
Dawn Cassidy and John Hinds will be presenting at the ASTD 2008 International Conference & Expo in San Diego, CA on Wednesday, June 4 from 1:15 pm - 2:45 pm. For more information on SumTotal’s program, including templates and recorded webcast, are available in a SumTotal Talent Management Toolkit at http://www.sumtotalsystems.com/lp/talent_toolkit_tm.html.
About ASTD
ASTD (American Society for Training & Development) is the world’s largest association dedicated to workplace learning and performance professionals. ASTD’s members come from more than 100 countries and connect locally in 136 U.S. chapters and 25 Global Networks. Members work in thousands of organizations of all sizes, in government, as independent consultants, and suppliers.
ASTD started in 1944 when the organization held its first annual conference. ASTD has widened the profession’s focus to link learning and performance to individual and organizational results, and is a sought-after voice on critical public policy issues. For more information, visit www.astd.org.
About SumTotal Systems, Inc.
SumTotal Systems, Inc. (NASDAQ: SUMT) is the market leader and global provider of talent development solutions. SumTotal deploys mission-critical solutions designed to drive learning, 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, five of the six largest U.S. commercial banks 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 registered trademarks or 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 Statement/ Forward-Looking Statements
Information in this press release contains forward-looking statements, including, but not limited to, the anticipated benefits, results and performance of SumTotal's products and solutions, such as SumTotal Unified Talent Development Suite. These statements represent SumTotal's 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) unknown errors or bugs in SumTotal's software solutions, including SumTotal Unified Talent Development Suite; (ii) the acceptance of SumTotal's software suite and future product offerings such as SumTotal Unified Talent Development Suite ; (iii) the ability to successfully manage and increase growth, both within and outside of the United States, significant current and expected additional competition, and the need to continue to expand product distribution and services offerings; (iv) the actual demand and growth of the market for performance management products and services; (v) the inability to fix in a timely fashion unanticipated bugs, errors or defects that materially impact the functionality or usability of SumTotal's software; (vi) the ability to successfully implement SumTotal's solutions in the future; (vii) the ability to successfully address technological developments and standards; and (viii) other events and other important factors disclosed previously and from time to time in SumTotal's filings with the Securities and Exchange Commission, including the its annual report 6 on Form 10-K for the year ended December 31, 2007, its quarterly report on Form 10-Q for the quarter ended March 31, 2008, and its Form 8-Ks. The forward-looking statements contained in this release are made as the date of this release, and SumTotal does not assume any obligation to update such statements to reflect events or circumstances occurring after the date of this release.