14.01.2008 13:10:00
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FEMSA Brews Up Future Leaders Using Learning Management from SumTotal
SumTotal® Systems, Inc. (NASDAQ:SUMT), a
global provider of talent and learning management solutions, announced
that FEMSA (NYSE:FMX), the leading beverage company in Latin America,
has deployed the SumTotal TotalLMSTM
solution to manage learning in its operating units in Mexico and South
America.
FEMSA will use TotalLMS as part of a company-wide talent
management initiative to standardize HR processes in its operating
units including FEMSA Cerveza, one of the most innovative brewers and an
important beer exporter to the United States with well known brands like
Tecate, Dos Equis and Sol; Coca-Cola FEMSA, the largest bottler of
Coca-Cola outside of the US, and OXXO, the largest and fastest growing
convenience store chain in Mexico with over 5,200 stores.
With close to 100,000 employees world wide, FEMSA develops future
leaders from within its own ranks and needed a robust and scalable
solution to ensure that employees in all countries and operating units
receive training which is aligned with their personal development plans.
"SumTotal provides us with a very flexible
platform which allows us to standardize learning throughout a global
organization while still accommodating the specific needs of our
different business units and recognizing that there are different
requirements in Mexico than in Venezuela or Brasil,”
said Luis Enrique Flores, FEMSA Manager of HR Projects. "With
SumTotal, we will be able to consolidate data and processes into a
single system that will reduce operating costs and allow management to
have better visibility regarding how well our people at all levels are
prepared.”
The solution was implemented by SumTotal’s
Mexico partner SistemasCBT. "We are very
pleased to have FEMSA join the large community of SumTotal users in
Mexico,” said Valentin Gonzalez, managing
director of SistemasCBT. "The FEMSA
implementation was a large one that included integration with their HRIS
system, configuring multiple domains, and deploying various types of
content in a blended environment. We look forward to FEMSA’s
active participation in our local user group where clients have the
opportunity to share best practices.” "In order to grow and expand business
opportunities, organizations need to develop talent from within,”
said Jack Kramer, vice president and general manager, International
Sales, Marketing and Services. "SumTotal’s
solution can help companies develop future leaders and prepare the
workforce for new challenges, while developing talent across the
organization.” About FEMSA
FEMSA is the leading beverage company in Latin America. It controls an
integrated beverage platform that comprises Coca-Cola FEMSA, the largest
Coca-Cola bottler in the region; FEMSA Cerveza, one of the leading
brewers in Mexico and important beer exporter to the United States; and
Oxxo, the largest and fastest growing convenience store chain in Mexico
with over 5,200 stores.
About Sistemas CBT
Sistemas CBT, a Cepra Group company, implements world class technology
using its experienced professional services team to create the most
robust, open and expandable Human Resource management solutions in the
industry. In alliance with global e-learning and collaboration
enterprise companies, Sistemas CBT is a leader in the Mexican market,
offering complete solutions to distribute and administer knowledge,
training, collaboration, performance and talent in highly reliable
forms, whether via intranet, Internet or hosted environments (ASP).
About SumTotal Systems
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, 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, the SumTotal logo and TotalLMS 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 TotalLMS.
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 without limitation TotalLMS; (ii) the acceptance of SumTotal's
software suite and future product offerings; (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 company's
annual report for fiscal year 2006 on Form 10-K filed on March 16, 2007,
its quarterly report on Form 10-Q filed on November 8, 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. The forward-looking statements contained in this release are made
as the date of this news release, and SumTotal does not assume any
obligation to update such statements to reflect events or circumstances
occurring after the date of this release.
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