MALMO, Sweden and IRVINE, Calif., Sept. 29, 2003 (PRIMEZONE) -- Telelogic (Other OTC:TGIAF) (Stockholm Exchange:TLOG), the leading global provider of solutions for advanced systems and software development, today announced a volume licensing agreement with a major U.S.-based defense contractor, initially worth US$900,000. The agreement includes new licenses for Telelogic tools including DOORS, SYNERGY and TAU.
The initial purchase is the first phase of a three-year strategic agreement that could be worth several million dollars. Today's agreement includes US$750,000 dollars for licenses and US$154,000 dollars for maintenance.
"Our customer is responsible for developing complex, mission- and life- critical systems, with tens of thousands of requirements," said Anders Lidbeck, president and CEO of Telelogic AB. "When the stakes are high, DOORS' Dynamic Requirements Management(tm) capabilities ensure nothing is lost, overlooked or misunderstood. Telelogic DOORS is the only requirements management tool with Intelligent Traceability(tm) to meet the needs of today's complex, continually-evolving development projects."
In conjunction with the agreement, the multi-billion dollar company named DOORS its corporate standard for requirements management. The company's past experience with DOORS, and the product's proven success at other groundbreaking organizations, provided the confidence for this customer to roll out DOORS at its sites worldwide. The Fortune 500 Company particularly liked Telelogic's approach to the product development lifecycle and the integration of DOORS with the TAU Generation 2 toolset for visual modeling, simulation and code generation capabilities.
"Telelogic's best-of-breed tools, our vision and our track record of innovation and dedication were deciding factors in this highly competitive win," Lidbeck said. "We have proven to be customer-driven with a vested interest in our customers' long term success."
About Telelogic DOORS
Named the market leader for requirements management tools by META Group in its 2003 report "Mastering the Requirements of Requirements Management," by Yphise in its 2002 industry report "Requirements Management Tools," and by the Standish Group in its 2003 report "What are your requirements? 2003." DOORS enables users to gather, trace and manage all requirements established for a development project. This ensures that the resulting application is completed on time, within budget, and with all features and functionality originally specified.
About Telelogic TAU Generation2
Telelogic TAU is an integrated family of software development and testing tools based on widely accepted, standardized languages (UML and TTCN). TAU's unique visual development environment and industry-leading functionality simplifies, automates and accelerates the production of real-time and other software. Industry analyst firm Gartner stated in its August 2003 report "The OOA&D Market: 2004 Vendor Update Details" that Telelogic's TAU Generation2 "is the co-market leader ... for (Object Oriented Analysis and Design) modeling of real-time applications."
About Telelogic SYNERGY
Named the most advanced change and configuration management system on the market by Yphise in its 2002 industry report "Application Change Management Software," and listed as the highest-rated configuration management tool in Ovum's May 2003 report, "Ovum Evaluates: Configuration Management," 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
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 ETSI, INCOSE, ITU-T, MOST, OMG and others.
Headquartered in Malmo, Sweden with U.S. headquarters in Irvine, California, Telelogic has operations 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.
Contact Europe: Contact America/Asia:
Catharina Paulcen, VP Corporate Michael E. Donner, VP Marketing &
Communications Communications
Telelogic AB Telelogic Americas and
Asia/Pacific
Phone: +46 40 17 47 30 Phone: +1 (949) 885 2496
E-mail: E-mail:
catharina.paulcen@telelogic.com michael.donner@telelogic.com
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