MALMO, Sweden, July 3, 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 license deal worth Euro 1.45 million with a major U.K.-based mobile phone operator. Under the agreement, valid as of June 30, the customer will deploy a number of Telelogic products, including the leading requirements management tool, Telelogic DOORS and the latest version of Telelogic's visual development tool, Telelogic TAU Generation2. The agreement also includes professional services to deploy the licenses at the customer's development site as well as one year of support and maintenance.
"The need for continued growth in the mobile communications market and the importance of increasing revenues generated from each customer is an ongoing challenge for mobile operators. One of the key factors in achieving these aims is being first-to-market with quality products that customers want. But, of course, this must be done while minimizing costs and the use of resources. Telelogic DOORS will help the customer achieve these objectives by improving its development processes, and by providing better management, traceability and reporting on requirements- related information," said Anders Lidbeck, President and CEO of Telelogic.
"This major win proves that, in the highly competitive mobile communications industry, there is an increasing need for tools that keep track of requirements, enable the reuse of existing components and ensure that both deadlines and quality milestones are met throughout the development process," he concluded.
Telelogic DOORS is the world's leading requirements management tool according to recent reports by industry analysts from META Group, Standish group and Yphise. DOORS enables users to gather, trace and manage all requirements established for a development project.
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 offices in 17 countries 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.
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