MALMO, Sweden and IRVINE, Calif., Oct. 3, 2005 (PRIMEZONE) -- Telelogic (Stockholm Exchange:TLOG), the leading provider of software solutions that align advanced systems and software development with business objectives, today announced that it has signed a $2.2M licensing, maintenance and professional services agreement with one of the world's leading developers of Entertainment and Communications Systems.
Under the agreement, the customer will invest in Telelogic's leading software applications including DOORS(r) for Requirements Management, SYSTEM ARCHITECT for Enterprise Architecture, FOCAL POINT for Requirements Analysis, SYNERGY Change for Requirements Change Management and SYNERGY/CM for Software Change and Configuration management. Telelogic will also provide consulting, training and on-going support to enable quick adoption and deployment of the applications.
The customer's goal is to ensure that the development of new products is delivered on time, on budget and with the right functionality. The result of this will be improved revenue, customer satisfaction and a reduction in costs.
"We are extremely pleased to have been selected after an exhaustive evaluation by this customer. Telelogic continues to demonstrate that our solutions for improving both the product development lifecycle and the application development lifecycle will deliver superior results," said Scott Raskin, Chief Operating Officer of Telelogic.
About Telelogic
Telelogic is a leading global provider of solutions for automating and supporting best practices across the enterprise -- from powerful modelling of business processes and enterprise architectures to requirements-driven development of advanced systems and software. Telelogic's solutions enable organizations to align product, systems and software development lifecycles with business objectives and customer needs to dramatically improve quality and predictability, while significantly reducing time-to-market and overall costs.
To better enable our customers' drive towards an automated lifecycle process, Telelogic supports an open architecture and use of 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 such as INCOSE, OMG, The Open Group, Eclipse, ETSI, ITU-T, and the TeleManagement Forum.
Headquartered in Malmo, Sweden with U.S. headquarters in Irvine, California, Telelogic has operations in 20 countries worldwide. Customers include Airbus, Alcatel, BAE SYSTEMS, BMW, Boeing, DaimlerChrysler, Deutsche Bank, Ericsson, General Electric, General Motors, Lockheed Martin, Motorola, NEC, Philips, Samsung, Siemens, Sprint, Thales and Vodafone. For more information, please visit www.telelogic.com.
(C) 2005 Telelogic AB. Telelogic DOORS, Telelogic DOORSnet, Telelogic TAU, ActiveCM, Telelogic DocExpress, and System Architect are the registered trademarks of Telelogic. Telelogic SYNERGY, Telelogic TAU G2/Architect, Telelogic TAU G2/Developer, Telelogic TAU/Tester, Telelogic Focal Point, Telelogic DOORS/Analyst, Telelogic DOORS XT, Telelogic System Architect for DoDAF, Telelogic SA Information Web Publisher, Telelogic SA Simulator II, Telelogic SA Compare, Telelogic Logiscope, and Telelogic Dashboard are trademarks of Telelogic. All other trademarks are the properties of their respective holders.
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