MALMO, Sweden, Oct. 1, 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 four-year agreement with a Government customer within Telelogic's operation in Western Europe worth 1.2 MEUR. The agreement includes licences, maintenance and services for all of Telelogic's products.
Telelogic DOORS(R) is already deployed within the customer. Today's agreement will extend usage of this product, but also adds Telelogic SYNERGY(TM) and Telelogic TAU(R) Generation 2 to the customer's development environment. The four year agreement to invest in Telelogic's application lifecycle management solution gives the customer the flexible access to the tools required to meet the challenges of modern governance.
"By taking advantage of Telelogic's entire application lifecycle solution, customers will improve quality, while significantly reducing time-to-market and overall costs," said Anders Lidbeck, president and CEO of Telelogic. ``The decision to extend their commitment to include all of the product families in Telelogic's portfolio demonstrates confidence in Telelogic's approach and the value we offer our customers."
About Telelogic
Founded in 1983, Telelogic(R) is a leading global provider of solutions for advanced systems and software development. Telelogic's intuitive, best-in-class software tools automate and support best practices throughout the development lifecycle, leaving development teams free to concentrate on core competencies and apply their skills and energy to value-added tasks. By optimizing each phase of development, Telelogic enables companies to deliver higher quality systems and software with greater predictability, reduced time-to-market and lower overall costs.
To ensure interoperability with third-party tools, Telelogic's products are built on an open architecture and standardized languages. As an industry leader and technology visionary, Telelogic is actively involved in shaping the future of advanced systems and software development by participating in industry organizations like ETSI, INCOSE, ITU-T, OMG and 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
Contact: Catharina Paulcen VP Corporate Communications Phone: +46 40 174730
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