MALMO, Sweden, March 31, 2005 (PRIMEZONE) -- Telelogic, (Stockholm Exchange: TLOG), the leading global provider of solutions for advanced systems and software development, today announced it has signed a six year 1,366,000 EUR license, maintenance and professional services agreement with a leading global aerospace/defense systems integrator. A minor part of the contract value is related to professional services.
The six-year contract will deploy Telelogic DOORS, Telelogic DOORS XT and Telelogic DocExpress over the company's distributed U.K. sites. The investment enables the company to deliver on its most pressing business needs; impact analysis for managing project change and the ability to prove compliance to rigorous customer and standard specifications.
The company is also looking to add Telelogic TAU(R) Generation2 and Telelogic SYNERGY(TM) for complete automated lifecycle management.
"Telelogic continues to strengthen its position in the defense and aerospace industry and today's announcement further confirms our leading position in this market," said Anders Lidbeck president and CEO of Telelogic "With Telelogic's requirements driven solution in place, distributed development teams can work more effectively together, deadlines are met and errors are minimized."
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 application 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
Contacts: Catharina Paulcen SVP Corporate Communications Phone: +46 40 174730
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