Telelogic signs 655,000 Euro Agreement with Leading European Aerospace Defense Manufacturer MALMÖ, Sweden and IRVINE, California - November 22, 2007 - Telelogic (Nordic Exchange/MidCap/TLOG), today announced that it has signed a 5 year 655,000 Euro license, maintenance and service agreement with a European aerospace defense manufacturer. The agreement extends the existing contract and will see the company deploy Telelogic DOORS® for requirements analysis, definition and management and Telelogic Tau® for standards-based Model Driven Development™ (MDD™) of complex systems and software throughout their enterprise applications and to support the Systems Modeling Language™ (SysML™) program's roll out across their engineering departments. “The on-going commitment to Telelogic DOORS and Telelogic Tau by another leading defense manufacturer is a powerful endorsement of our products' capabilities,” said Anders Lidbeck, President and CEO of Telelogic. ”The success that the corporation has had with Telelogic's solutions and our ability to deliver against their SysML requirements were key factors in the decision.” 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
Telelogic signs 655,000 Euro Agreement with Leading European Aerospace Defense Manufacturer
| Source: Telelogic AB