MALMO, Sweden, March 30, 2004 (PRIMEZONE) -- Telelogic (Stockholm Exchange: TLOG), the leading global provider of solutions for advanced systems and software development, today announced that it has signed a $600,000 license agreement with a leading American aerospace and defense systems company. The contract includes licensing fees and maintenance for Telelogic DOORS for requirement management and Telelogic DocExpress for automated document generation.
The aerospace/defense systems company is a contractor to the U.S. Army and is currently involved in a number of large defense programs. On one project, building a complex communications network that consolidates existing systems, the company has standardized on Telelogic DOORS for requirements management.
Telelogic DOORS was selected due to its ability to meet the Army's stringent traceability requirements and support distributed development. Once implemented, management will have better visibility to project progress due to superior better reporting and less effort will be needed to coordinate distributed engineering tasks and requirements. Using DOORS will also enable the company to improve information exchange with the Army and its other subcontractors.
DocExpress will also be used on this project as it provides automated reporting and documentation services that reduce the effort and cost of producing and maintaining documentation.
"Telelogic is continuously strengthening its position in the aerospace and defense industry," said Anders Lidbeck, president and CEO of Telelogic.
"This is a multi-billion project with several subcontractors and today's contract is hopefully just the beginning of Telelogic's involvement in a program with great potential."
About Telelogic
Founded in 1983, Telelogic(R) is a leading global provider of solutionsfor advanced systems and software development. Telelogic's intuitive,best-in-class software tools automate and support best practicesthroughout the application development lifecycle, leaving developmentteams free to concentrate on core competencies and apply their skillsand energy to value-added tasks. By optimizing each phase ofdevelopment, Telelogic enables companies to deliver higher qualitysystems and software with greater predictability, reduced time-to-marketand lower overall costs.
To ensure interoperability with third-party tools, Telelogic's productsare built on an open architecture and standardized languages. As anindustry leader and technology visionary, Telelogic is actively involvedin shaping the future of advanced systems and software development byparticipating in industry organizations like ETSI, INCOSE, ITU-T, OMGand others.
Headquartered in Malmo, Sweden with U.S. headquarters in Irvine,California, Telelogic has operations in 17 countries worldwide.Customers include Alcatel, BAE SYSTEMS, BMW, Boeing, DaimlerChrysler,Deutsche Bank, Ericsson, General Motors, Lockheed Martin, Motorola, NEC,Nokia, Philips, Siemens, Thales and Vodafone. For more information,please visit www.telelogic.com
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