| Document Date: 2010-04-24 20:50:38
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City Mountain View / / Company RBC Capital Markets Corporation / KKR Accel-KKR / Cash Mountain View / Accel / ACCEL-KKR SumTotal / SUMTOTAL SYSTEMS INC. / Kirkland & Ellis LLP / Wilson Sonsini Goodrich & Rosati Professional Corporation / Systems Inc. / / Continent Asia / North America / Europe / / Country United States / Australia / / Currency USD / / Event Funding / Business Partnership / / IndustryTerm pharmaceutical makers / technology / talent development solutions / / MusicAlbum Asia / / Organization U.S. Securities and Exchange Commission / Board of SumTotal / and Wilson Sonsini Goodrich / / Person Jack Acosta / Arun Chandra / Ben Bisconti / / Position financial advisor / legal advisor / Chief Executive Officer / Managing Director / independent advisors / our Board / Private / market leader / Chairman of the Board of Directors / / ProvinceOrState California / / URL www.sumtotalsystems.com / www.accel-kkr.com / /
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For Immediate Release SUMTOTAL ENTERS INTO MERGER AGREEMENT WITH ACCEL-KKR SumTotal Stockholders to Receive $3.80 per Share in Cash Mountain View, CA – April 24, 2009 – SumTotal® Systems, Inc. (NASDAQ: SUMT), the ma