MALMO, Sweden, April 2, 2002 (PRIMEZONE) -- Telelogic (Stockholm Exchange:TLOG), the leading global provider of solutions for advanced systems and software development, today announced that it has signed a two-year multi-product and services agreement, worth U.S.$1.5 million, with one of the leading U.S. telecommunications providers.
The contract adds more than 500 new licenses for Telelogic tools including Telelogic Synergy(tm), for change and configuration management, and Telelogic DOORS(r), for requirements management. It also includes a two-year maintenance and professional services agreement worth more than U.S. $400,000 annually.
With this agreement, the client has standardized company-wide on Telelogic Synergy as its change and configuration management tool. The company chose Synergy for its ability to help teams better automate and control their development processes and rapidly communicate change to all stakeholders in an industry that demands extreme reliability, stability and speed in the delivery of its services and the technology that supports it.
"With its unique, task-based approach to the development process, more and more companies are finding that Telelogic Synergy makes it easier to manage, track and assess change and avoid common communication pitfalls," said Scott Raskin, president Telelogic Americas. "No matter what development process a company follows, Telelogic Synergy can eliminate many of the error-prone manual steps by automating the information flow."
"This is a strategic win for Telelogic and demonstrates why Fortune 500 companies are elevating Telelogic to a preferred vendor status," said Anders Lidbeck, President and CEO of Telelogic. "Our tools are enterprise-class and industrial-strength. They continue to be widely adopted by organizations that want to further streamline development costs, improve quality and increase developer and engineer productivity through automation and company-wide standardization of development processes."
About Telelogic Synergy
Named the most advanced change and configuration management system on the market by Yphise in its latest industry report, this project tool tracks changes and ensures configuration integrity during a software product's lifecycle, enabling parallel and distributed teams to improve productivity and quality.
About Telelogic DOORS
Named the market leader for requirements management in the latest Standish Group report, DOORS enables users to gather, trace and manage all requirements established for a development project, ensuring that the resulting product meets all defined customer needs.
About Telelogic
Founded in 1983, Telelogic(r) (www.telelogic.com) is the leading global provider of solutions for advanced systems and software development. The company's automated application lifecycle solution includes integrated best-in-class software and professional services for requirements management, change and configuration management, development, testing, and documentation. Telelogic enables organizations to improve quality and predictability, while reducing time-to-market and overall costs in systems and software development. Built on an open architecture that ensures interoperability with other leading third-party solutions, Telelogic's products are based on international standardized languages and notations. Telelogic participates in 3GPP, Bluetooth SIG and OMG to create future communication technologies and visual software development languages.
Headquartered in Malmo, Sweden, the company has more than 1,000 employees worldwide. Customers include Airbus, Alcatel, BMW, Boeing, BT, DaimlerChrysler, Deutsche Bank, Ericsson, Lockheed Martin, Lucent Technologies, Motorola, NEC, Nokia, Philips and Siemens.
Telelogic, Telelogic DOORS, and Telelogic Tau are the registered trademarks of Telelogic AB. Telelogic Synergy is a trademark of Telelogic AB. All other trademarks are the properties of respective holders.
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