MALMO, Sweden, April 02, 2003 (PRIMEZONE) -- Telelogic (Other OTC:TGIAF) (Stockholm:TLOG), the leading global provider of solutions for advanced systems and software development, today announced that it has signed a contract worth US $469,400 with a technology leader in defense, government and commercial electronics based in the United States. The deal was closed in Q1.
Telelogic software tools will be used at two sites in the U.S. for software systems engineering, software development, and the development of equipment for a next-generation defense project.
The agreement includes licenses of Telelogic DOORS, the company's market leading requirements management tool as well as DocExpress, Telelogic's automated reporting and documentation tool. Maintenance and services are also included under the terms of the agreement.
"In this competitive review it was determined that only Telelogic tools had the scalability and robust functionality to support this contractors requirements-driven systems and software development efforts," said Scott Raskin, president of Telelogic Americas and Asia/Pacific. "The market-leading requirements management functionality of DOORS will provide complete validation of development activities through traceability of all artifacts for the U.S. Navy and the prime contractor. As such, Telelogic tools will be making a key contribution to the project's success."
About Telelogic DOORS
Telelogic DOORS, the world's leading requirements management tool, is a multi-platform, enterprise-wide system designed to capture, link, trace, analyze, and manage information to ensure a project's compliance to specified requirements and standards. Telelogic DOORS was named market leader by the Standish Group in its report, "What Are Your Requirements? 2003". According to Standish, DOORS has a 32 percent of the requirements management market based on license maintenance and training revenue. DOORS was also named market leader based upon technical merit by the French industry analyst firm, Yphise, Paris, in its October, 2002, report "Requirements Management Tools". Used by more than 50,000 users at more than 1,000 companies around the world, DOORS now features electronic signature capability, helping organizations comply with auditing and regulatory requirements, providing the means for validation, and increasing accountability for any quality-conscious team.
About Telelogic DocExpress
Telelogic DocExpress provides automated reporting and documentation services that reduce the effort and cost of producing and maintaining documentation.
About Telelogic
Founded in 1983, Telelogic(R) is the leading global provider of solutions for advanced systems and software development. The company's integrated best-in-class software tools, supported by professional services, enable companies to automate their entire development lifecycle, resulting in improved quality and predictability with reduced time-to-market and overall costs. To ensure interoperability with third-party tools, Telelogic's products are built on an open architecture and standardized languages. As an industry leader and technology visionary, Telelogic is actively involved in shaping the future of advanced systems and software development by participating in industry organizations like 3GPP, ETSI, INCOSE, ITU-T, MOST, OMG and others.
Headquartered in Malmo, Sweden with U.S. headquarters in Irvine, California, Telelogic has approximately 800 employees worldwide. Customers include Alcatel, BAE SYSTEMS, BMW, Boeing, DaimlerChrysler, Deutsche Bank, Ericsson, General Motors, Lockheed Martin, Motorola, NEC, Nokia, Philips, Siemens and Thales. For more information, please visit www.telelogic.com.
Telelogic, Telelogic DOORS, Telelogic DocExpress, and Telelogic Tau are the registered trademarks of Telelogic. Telelogic Tau Architect, Developer, Tester, Synergy and Active CM are trademarks of Telelogic. All other trademarks are the properties of respective holders.
-0- Contact Europe: Catharina Sundelin, VP Corporate Communications, Telelogic AB Phone: +46 40 17 47 30 E-mail: catharina.sundelin@telelogic.com Contact America/Asia: Michael E. Donner, VP Marketing & Communications Telelogic Americas and Asia/Pacific Phone: +1 (949) 885 2496 E-mail: michael.donner@telelogic.com
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