World Leading Defense Manufacturer Signs 700,000 USD Agreement with Telelogic MALMÖ, Sweden and IRVINE, California - December 18, 2007 - Telelogic (Nordic Exchange/MidCap/TLOG) today announced that it has signed a 700,000 USD license and maintenance agreement with one of the world's leading providers of defense technology. The agreement sees the company increase their investment in Telelogic DOORS® for requirements definition, analysis and management and add Telelogic System Architect® for business process and enterprise architecture modeling to ensure they can deliver the solution that meet the rigorous demands of their government contracts. “The customer decision to increase their investment in Telelogic's market leading requirements solution and to add System Architect as the only products capable of delivering against the exacting demands of the defense industry further evidences Telelogic as the defense industries solution provider of choice,” said Anders Lidbeck President and CEO of Telelogic. 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
World Leading Defense Manufacturer Signs 700,000 USD Agreement with Telelogic
| Source: Telelogic AB