International Financial Services Organization Invests 688,000 Euro with Telelogic MALMÖ, Sweden and IRVINE, California - January 2, 2008 - Telelogic (Nordic Exchange/MidCap/TLOG) today announced that an international financial services organization has signed a license and maintenance agreement for core components of Telelogic's solutions for Enterprise Lifecycle Management (ELM), to a value of 688,000 Euro. The agreement was signed in December 2007. The new agreement sees the company standardize their requirements definition, analysis and management processes with Telelogic DOORS®, automated reporting and documentation generation with DocExpress® and business process and enterprise architecture modeling with System Architect®. The company has also purchased System Architect for SOA. “This order following an extensive and competitive evaluation shows the confidence financial institutions have in Telelogic's ability to deliver a superior solution that meets their demanding requirements”, said Anders Lidbeck, President and CEO of Telelogic. “Telelogic's solutions for ELM help customers improve quality and productivity while significantly reducing costs, which is a major challenge for all markets today.” 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
International Financial Services Organization Invests 688,000 Euro with Telelogic
| Quelle: Telelogic AB