MOUNTAIN VIEW, Calif. — July 8, 2008 -- SumTotal® Systems (Nasdaq: SUMT), the market leader and global provider of talent development solutions, today announced its second quarter 2008 earnings conference call on Tuesday July 29, 2008. A news release outlining SumTotal’s second quarter results will be released that day after the market closes. The conference call will take place at 5.00 p.m. Eastern Time. Hosting the call will be SumTotal’s CEO Don Fowler and CFO Neil Laird.
SumTotal plans to make a live, audio webcast available to investors and the public at http://investor.sumtotalsystems.com/. Along with the webcast, SumTotal plans to make available a telephone replay of the call on Tuesday July 29, 2008 beginning at approximately 8.00 p.m. Pacific Time through the close of business on Tuesday August 5, 2008. Interested parties can access the replay by dialing 1-800-642-1687 within the US or 1-706-645-9291 outside the US and entering the access code #55261701. The time or manner of the webcast may change for technical and/or administrative reasons.
About SumTotal Systems, Inc.
SumTotal Systems, Inc. (NASDAQ: SUMT) the market leader and global provider of talent development 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, 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 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 8.0 . 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 8.0 ; (ii) the acceptance of SumTotal's software suite and future product offerings, including SumTotal 8.0; (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 8.0 or 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 SumTotal’s annual report 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.