MALMO, Sweden, Dec. 16, 2004 (PRIMEZONE) -- Telelogic (Stockholm Exchange:TLOG), the leading global provider of solutions for advanced systems and software development, today announced that a leading European telecom vendor has renewed for the year 2005 a one-year agreement for Telelogic TAU(R). In addition to the Telelogic TAU licenses the agreement also includes new licenses of Telelogic DOORS(R), which has now been standardized for requirements management in one of the Group's divisions. The agreement is worth Euro 618.000 for the one-year period and will see the customer leveraging further Telelogic's requirements-driven approach to development.
"The positive cross selling trend that we have seen during the past quarters continues," said Anders Lidbeck, President and CEO for Telelogic. "Current users of one tool continue to extend their usage. These users have already experienced the productivity and quality benefits that advanced development tools can provide."
About Telelogic Founded in 1983, Telelogic(R) is a leading global provider of solutions for advanced systems and software development. Telelogic's intuitive, best-in-class software tools automate and support best practices throughout the application lifecycle, leaving development teams free to concentrate on core competencies and apply their skills and energy to value-added tasks. By optimizing each phase of development, Telelogic enables companies to deliver higher quality systems and software with greater predictability, reduced time-to-market and lower overall costs.
To ensure interoperability with third-party tools, Telelogic's products are built on an open architecture and standardized languages. As an industry leader and technology visionary, Telelogic is actively involved in shaping the future of advanced systems and software development by participating in industry organizations like ETSI, INCOSE, ITU-T, OMG and others.
Headquartered in Malmo, Sweden with U.S. headquarters in Irvine, California, Telelogic has operations in 17 countries worldwide. Customers include Alcatel, BAE SYSTEMS, BMW, Boeing, DaimlerChrysler, Deutsche Bank, Ericsson, General Motors, Lockheed Martin, Motorola, NEC, Nokia, Philips, Siemens, Thales and Vodafone. For more information, please visit www.telelogic.com
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