Telelogic Signs 1.6 Million USD Agreement with Leading Global Communications Company MALMÖ, Sweden and IRVINE, California - December 28, 2007 - Telelogic (Nordic Exchange/MidCap/TLOG) today announced that it has signed a 1.6 MUSD, 1-year license and maintenance agreement with one of the world's leading providers of mobility products and solutions across broadband, embedded systems and wireless networks. Under the agreement, the customer will continue its usage of core components of Telelogic's Solutions for Enterprise Lifecycle Management (ELM); Telelogic Tau® for Model Driven Development™ (MDD™) and testing of complex systems and software, Telelogic DOORS® for requirements definition, management and analysis, Telelogic Rhapsody® for MDD for technical, real-time or embedded systems and software engineering, Telelogic DocExpress® for automated reporting and documentation generation and Telelogic System Architect® for enterprise architecture and business process modeling. ”The realities of modern business necessitates that companies continually seek ways to do more with less. Telelogic's solutions allow customers to build more robust applications with higher performance and at lower cost,” said Anders Lidbeck, President and CEO of Telelogic. “Orders such as this are continued affirmation that we are delivering the measurable results the communication industry demands.” 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 1.6 Million USD Agreement with Leading Global Communications Company
| Quelle: Telelogic AB