Global Retail Giant Signs 1.2 MUSD Agreement with Telelogic MALMÖ, Sweden and IRVINE, California - September 26, 2007 - Telelogic (Nordic Exchange/MidCap/TLOG), today announced that it has signed a license and maintenance agreement worth 1.2 MUSD in Asia Pacific with a global retail corporation. The agreement will see the customer role out across their IT department; Telelogic DOORS® for requirements management, analysis and definition, Telelogic DOORS Analyst™ for requirements visualization and modeling, Telelogic Change™ for complete enterprise change management and Telelogic Dashboard™ enabling them to improve their delivery and responsiveness to market needs and trends. “We are delighted in securing the agreement with this new retail account as it further evidences the acceptance of DOORS, Change and Dashboard across all industry sectors,” said Anders Lidbeck, President and CEO of Telelogic. “With Telelogic's proven record of providing enterprise wide level solutions within the most demanding of industry the customer decided Telelogic was the only company capable of delivering against their needs.” 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
Global Retail Giant Signs 1.2 MUSD Agreement with Telelogic
| Source: Telelogic AB