CourseUp! Opts for SumTotal's ResultsOnDemand.MOUNTAIN VIEW, Calif. -- Wilmington, N.C.-based CourseUp!, a developer of computer-based training See CBT. (application) Computer-Based Training - (CBT) Training (of humans) done by interaction with a computer. The programs and data used in CBT are known as "courseware." and knowledge delivery solutions for franchise organizations and professional associations, has picked SumTotal([R]) Systems, Inc. (NASDAQ NASDAQ in full National Association of Securities Dealers Automated Quotations U.S. market for over-the-counter securities. Established in 1971 by the National Association of Securities Dealers (NASD), NASDAQ is an automated quotation system that reports on :SUMT SUMT Sequential Unconstrained Minimization Technique ) to provide technology for delivering, among other things, instruction on how best to launch and run a franchise. As part of the contract, CourseUp! purchased SumTotal's ResultsOnDemand(TM) and SumTotal's ToolBook([R]) Instructor 9.0. "ResultsOnDemand will underpin how we transfer knowledge from a corporation to its franchisees," said CourseUp! President Arnold Murdock, Ph.D. "Traditionally, franchise organizations have passed knowledge to franchisees through conference calls, face-to-face meetings and manuals. Relaying information with phone calls and manuals is not the best way to teach someone about the intricacies of running a franchise. We feel our customers will benefit from the speed and ease offered by ResultsOnDemand." ResultsOnDemand is SumTotal's software-as-a-service (SaaS) model for analyzing performance and delivering learning over the Internet. ToolBook Instructor 9.0 is the newest version of SumTotal's product for developing software simulations and e-learning content. According to according to prep. 1. As stated or indicated by; on the authority of: according to historians. 2. In keeping with: according to instructions. 3. Dr. Murdock, the online services delivered by ResultsOnDemand may include developmental programs on such topics as merchandising merchandising Element of marketing concerned especially with the sale of goods and services to customers. One aspect of merchandising is advertising, which aims to capture the interest of the segment of the population most likely to buy the product. , accounting and management. Dr. Murdock says companies also call on CourseUp! to supply technical skills training to their franchisees. So CourseUp! purchased ToolBook([R]) for developing online assessments and scenario-based training. "With ToolBook and ResultsOnDemand, we can develop training content for franchisees and track the use of that content over time," added Dr. Murdock. "The one-two punch one-two punch n. 1. A combination of two blows delivered in rapid succession in boxing, especially a left lead followed by a right cross. 2. Informal An especially forceful or effective combination or sequence of two things. of ResultsOnDemand and ToolBook gives us a user-friendly software solution for providing e-learning that's better than anything we could find on the market." "And ToolBook is great for integrating multimedia assets such as audio, video and Adobe Flash. This, combined with Toolbook's OpenScript language, allows us to develop high-end interactive training materials," Dr. Murdock said. "We feel the content we build with ToolBook will run flawlessly flaw·less adj. Being entirely without flaw or imperfection. See Synonyms at perfect. flaw  less·ly adv. on ResultsOnDemand because the same
company makes both software products.
"ResultsOnDemand is cost-effective too," said Dr. Murdock. "It's hard to get into a system of this caliber at this cost. We loved the idea of SumTotal handling the server side of things as well. As a small organization, it was extremely attractive to have SumTotal handle the technical aspects of running ResultsOnDemand." "We believe companies choose our software so they can quickly deliver the critical learning that workers need to achieve business goals," said Sanjay Dholakia, senior vice president for corporate and business development at SumTotal. "We feel our software strategically steers users to what they need to learn. For employers, that translates into things like a boost in sales, better employee retention or improved workplace safety." 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 align (  līn),v to move the teeth into their proper positions to conform to the line of occlusion. 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 North America, third largest continent (1990 est. pop. 365,000,000), c.9,400,000 sq mi (24,346,000 sq km), the northern of the two continents of the Western Hemisphere. . For more information about SumTotal's products and services, visit www.sumtotalsystems.com. SumTotal, the SumTotal logo, and ResultsOnDemand are registered trademarks or trademarks of SumTotal Systems, Inc. and/or its affiliates in the United States United States, officially United States of America, republic (2005 est. pop. 295,734,000), 3,539,227 sq mi (9,166,598 sq km), North America. The United States is the world's third largest country in population and the fourth largest country in area. and/or other countries. Other names may be trademarks of their respective owners. Safe Harbor Safe Harbor 1. A legal provision to reduce or eliminate liability as long as good faith is demonstrated. 2. A form of shark repellent implemented by a target company acquiring a business that is so poorly regulated that the target itself is less attractive. Statement/ Forward-Looking Statements forward-looking statement A projected financial statement based on management expectations. A forward-looking statement involves risks with regard to the accuracy of assumptions underlying the projections. 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 ResultsOnDemandand ToolBook Instructor 9.0. These statements represent SumTotal Systems' 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, including but not limited to: (i) unknown errors or bugs in ResultsOnDemand or ToolBook Instructor 9.0; (ii) the inability to fix in a timely fashion unanticipated bugs, errors or defects that materially impact the functionality or usability How easy something is to use. Both software and Web sites can be tested for usability. Considering how difficult applications are to use and Web sites are to navigate, one would wish that more designers took this seriously. See user interface and usability lab. of SumTotal's software; (iii) the acceptance of SumTotal's software and future product offerings, both in the United States and abroad; (iv) the ability of SumTotal's employees to successfully implement SumTotal's solutions; (v) the actual benefits and performance of ResultsOnDemand and ToolBook Instructor 9.0; (vi) the compatibility of ResultsOnDemandand ToolBook Instructor 9.0 with other computer programs and systems; (vii) the ability to successfully address technological developments and standards both in the United States and abroad; 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 company's annual report for fiscal year 2006 on Form 10-K Form 10-K A report required by the SEC from exchange-listed companies that provides for annual disclosure of certain financial information. Form 10-K See 10-K. filed on March 16, 2007, its quarterly report on Form 10-Q Form 10-Q See 10-Q. filed on August 7, 2007, its Prospectus Supplement filed on Form 424B2 filed on May 21, 2007, Form S-3/As filed on September 28, 2006, and October 2, 2006, and its Form 8-Ks Form 8-K The form required by the SEC when a publicly held company incurs any event that might affect its financial situation or the share value of its stock. Form 8-K See 8-K. . The forward-looking statements contained in this release are made as of the date of this press release, and the company assumes no obligation to update the information in this press release to reflect events or circumstances occurring after the date of this release. |
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