Global Telecommunication Equipment Manufacturer Signs 3.5 MEUR Agreement with Telelogic MALMÖ, Sweden and IRVINE, California - October 2, 2007 - Telelogic (Nordic Exchange/MidCap/TLOG) today announced that it has signed a 3 year, 3.5 MEUR license and maintenance contract with a global leading telecommunication equipment manufacturer. The agreement gives the customer a possibility for an extension for another 27 months worth an additional amount of 3.3 MEUR. The company will deploy Telelogic Change™ across their global enterprise for complete enterprise change management. Telelogic Change's capabilities are added to their existing investment in Telelogic's solutions for Enterprise Lifecycle Management. The customer is currently using Telelogic DOORS®, Telelogic Focal Point™, Telelogic Synergy™, Telelogic Rhapsody®, Telelogic System Architect™, and Telelogic Tau®. The agreement is Telelogic's single largest deal for Telelogic Change. “The control of change is vital in the dynamic communications market and the ability to truly master this requirement within a fully integrated lifecycle solution is a necessity for continued success,” said Anders Lidbeck, President and CEO of Telelogic. “The selection of Telelogic Change and the increased commitment to our solutions for Enterprise Lifecycle Management further strengthens Telelogic's relationship with a global leader in the communications industry.” 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
Global Telecommunication Equipment Manufacturer Signs 3.5 MEUR Agreement with Telelogic
| Quelle: Telelogic AB