Telelogic Signs 790,000 USD Agreement with Leading Defence/Aerospace Company MALMÖ, Sweden and IRVINE, California - July 2, 2007 - Telelogic (Nordic Exchange/MidCap/TLOG), today announced that it has signed an agreement worth 790,000 USD with a leading supplier of information solutions for the defense, space and homeland security industries. The deal includes software licenses, services and first-year maintenance for Telelogic Rhapsody®. Award-winning Telelogic Rhapsody is the leading Model Driven Development™ (MDD™) environment for embedded and real time systems and software applications. Used by embedded systems engineers and software developers worldwide, Telelogic Rhapsody improves productivity, testing and team collaboration. “This customer has been using Telelogic DOORS® Requirements Management software and our Rhapsody Model Driven Development solution for a number of projects,” said Anders Lidbeck, President and CEO of Telelogic. “This new agreement is an additional vote of confidence for both Telelogic's products and our ability to deliver solutions for the most demanding programs.” About Telelogic Telelogic is the leading global provider of software solutions for Enterprise Lifecycle Management (ELM). Award-winning Telelogic software helps customers design, develop, and deliver the world's most advanced and innovative products, systems, and software more efficiently by aligning and optimizing development lifecycles and business processes with business objectives and customer needs. Telelogic helps customers improve quality and predictability while reducing time-to-market and overall costs. Headquartered in Malmö, Sweden, with U.S headquarters in Irvine, California, Telelogic conducts business in more than 40 countries. More than one third of the Fortune Global 500 companies use Telelogic software including market-leading aero/defense, automotive, financial services, software/electronic and telecommunications companies and governments worldwide. For more information, see www.telelogic.com. Corporate Communications Contact: Catharina Paulcén, EVP Corporate Communications +46 (40) 17 47 30
Telelogic Signs 790,000 USD Agreement with Leading Defence/Aerospace Company
| Quelle: Telelogic AB