North American Defense and Technology Company Invests 608,000 USD in Telelogic's Solutions for Enterprise Lifecycle Management


North American Defense and Technology Company Invests 608,000 USD in Telelogic's
Solutions for Enterprise Lifecycle Management

MALMÖ, Sweden and IRVINE, California - 02 July 2007 - Telelogic (Nordic
Exchange/MidCap/TLOG), today announced that it has signed a four year 608,000
USD license and maintenance agreement with a North American Defense and
Technology Company. 

The agreement will see the company use Telelogic's solutions for Enterprise
Lifecycle Management (ELM), a solution covering the development process from
requirements management, analysis and definition through to delivery of final
product. 
“Telelogic continues to strengthen its position in the defense and aerospace
industry and today's announcement further confirms our leading position in this
market”, said Anders Lidbeck president and CEO of Telelogic. “With Telelogic's
solution for ELM in place, distributed development teams can work more
effectively together, deadlines are met, errors are minimized and governance in
the most demanding of industries is achieved”. 

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 marketing-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

Pièces jointes

07022327.pdf