Telelogic Signs 7.5 MUSD Agreement with Global Aerospace Defense Company MALMÖ, Sweden and IRVINE, California - October 2, 2007 - Telelogic (Nordic Exchange/MidCap/TLOG) has signed a five year agreement with a North American Aerospace Defense company worth 7.5 MUSD. The agreement includes licenses, maintenance and services and was signed on October 1. The customer, already a user of Telelogic Rhapsody® the leading UML, SysML, DoDAF-based Model-Driven Development (MDD) environment for embedded systems, has today renewed, extended and expand the existing agreement for a further five year period with the solution being rolled out nationally at three sites. “We are delighted with the contract renewal and extension and its continued evidence of both the Rhapsody product and Telelogic's position as the first choice in delivering the required solutions for the aerospace and defense market,” said Anders Lidbeck, President and CEO of Telelogic.” 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 7.5 MUSD Agreement with Global Aerospace Defense Company
| Quelle: Telelogic AB