Press Releases
Media CoverageSeattle, Washington – April 26, 2007 – Intrepid Learning Solutions, a leading provider of training solutions, has selected the SumTotal® Enterprise Suite™ as a partner to support its Learning Business Process Outsourcing (LBPO) offering. Intrepid offers its clients a way to outsource all aspects of their training functions, including the technology for distributing learning, managing classrooms, handling registrations and tracking instructors. Mountain View, Calif.- based SumTotal Systems’ award-winning Enterprise Suite is a software platform that delivers elearning, assesses employees’ skills and aligns a workforce’s goals with an employer’s business aims.
Leading global corporations such as The Boeing Company, Microsoft Corporation, and Autodesk, Inc. have selected Intrepid as their training outsourcing partner to provide an array of services including strategy and analysis, courseware design and development, classroom instruction, learning administration and logistics, and training program evaluation.
“Combining Intrepid’s training outsourcing capabilities with SumTotal’s learning and performance management technology gives clients access to a solution that ties together the components necessary for developing workforce skills and talent,” said Cushing Anderson, program director for market-research firm IDC
“Our partnership with Intrepid is in keeping with our company’s strategy of accelerating sales by serving the market for business process outsourcing,” said Don Fowler, SumTotal’s chief executive. “We believe the Intrepid-SumTotal partnership, while not exclusive for either company, represents a compelling combination for buyers of learning and talent management software.
“We feel Intrepid is nimble enough to respond quickly to requests ranging from course development to benchmarking,” added Fowler. “Intrepid also takes a strategic view of learning and development that looks to align an employer’s training with business goals.”
“We are partnering with SumTotal because they provide innovative, efficient technology solutions,” said Intrepid Learning Solution’s CEO Chris Hedrick. “Our clients ask us to provide the full range of training solutions and now we will be able to offer them access to the SumTotal platform in a seamless way. SumTotal’s technology builds upon our proven expertise in managing our clients’ learning technology infrastructure.”
About SumTotal Systems, Inc.
SumTotal Systems, Inc. (NASDAQ: SUMT) is a global provider of talent and learning management 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, two of the five largest banks in the world 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 or registered 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.
About Intrepid Learning Solutions
Intrepid Learning Solutions is a leading provider of training consulting, outsourcing, and research services to global companies. With industry-leading expertise in training management, business process outsourcing, learning research and consulting and a focus on business results, Intrepid delivers optimum value for its clients’ training budgets. For more information about Intrepid, visit www.intrepidls.com.
Safe Harbor / Forward-Looking Statements
Information in this press release contains forward-looking statements, including, but not limited to, the anticipated benefits of SumTotal’s partnership with Intrepid Learning Solutions for SumTotal and the users of Intrepid’s Learning Business Process Outsourcing offering incorporating SumTotal Enterprise Suite. These statements represent SumTotal Systems’ expectations or beliefs concerning future performance and 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) the ability to successfully manage and increase growth, significant current and expected additional competition, and the need to continue to expand product distribution and services offerings; (ii) the acceptance of SumTotal’s software suite and future product offerings, including, but not limited to, the acceptance of those products of our partners, such as Intrepid’s Learning Business Process Outsourcing offering, which incorporate SumTotal products and solutions; (iii) the ability to incorporate SumTotal Enterprise Suite in Intrepid’s Learning Business Process Outsourcing offering; (iv) unknown errors or bugs in SumTotal’s software suite; (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 Systems’ solutions; (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 Systems’ filings with the Securities and Exchange Commission, including the company’s annual report on Form 10-K filed on March 16, 2007, its Form S-3/As filed on September 28, 2006, and October 2, 2006, and its Form 8-Ks. The forward-looking statements contained in this release are made as of 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.
