Telelogic signs 3.5 MEUR Agreement with Global Leading Aerospace Defense Manufacturer


Telelogic signs 3.5 MEUR Agreement with Global Leading Aerospace Defense
Manufacturer

MALMÖ, Sweden and IRVINE, California - October 1, 2007 - Telelogic (Nordic
Exchange/MidCap/TLOG) has signed a 3.5 year, 3.5 million Euro license,
maintenance and consultancy agreement with a European aerospace defense
manufacturer. The agreement was signed on September 28.

The agreement extends an existing six year contract signed in 2004 and includes
Telelogic DOORS® for requirements definition, analysis and management and
Telelogic Change™ for requirements change management.

“Telelogic worked closely with the customer to build upon and expand the
successful agreements established in 2002 and extended in 2004,” said Anders
Lidbeck, President and CEO of Telelogic. “This contract extension allows us to
build upon the existing relationship and further reinforces the success the
customer is realizing from working with Telelogic. Today's announcement takes
our agreement beyond the ten year mark and not only strengthens our long-term
relationship with this customer, but also confirms our leading position within
the aerospace and defense 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
Phone: +46 (40) 17 47 30

Attachments

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