Telelogic signs its largest deal ever worth 5.12 MEUR

Telelogic signs its largest deal ever worth 5.12 MEUR

MALMÖ, Sweden and IRVINE, California – Feb 22, 2007 – Telelogic (Nordic Exchange/Midcap/TLOG) has today signed a three year agreement with a Government Ministry within the market division EMEA (Europe, Middle East and Africa) worth 5.12 MEUR. The agreement includes licenses, maintenance and services for Telelogic’s solutions for Enterprise Lifecycle Management. Half of the deal value is related to services and half of the value to license and maintenance. 

The customer is already a term based license user of Telelogic’s solutions and has today renewed for a further three year period, extending their usage to include all products for Enterprise Lifecycle Management. The customer selected Telelogic as the only provider able to ensure they meet the challenges of modern governance, enabling them to meet the goal of achieving the highest level of CMMi.  "This is Telelogic’s largest deal ever,” said Anders Lidbeck, President and CEO of Telelogic. “We are pleased to get a renewed contract with this customer and we are looking forward to a long term relationship where the customer will continue to increase quality while reducing time-to-market in its projects.”


About Telelogic
Telelogic® is a leading global provider of solutions for automating and supporting best practices across the enterprise – from powerful modeling of business processes and enterprise architectures to requirements-driven development of advanced systems and software. Telelogic’s solutions enable organizations to align product, systems, and software development lifecycles with business objectives and customer needs to dramatically improve quality and predictability, while significantly reducing time-to-market and overall costs.

To better enable our customers’ drive towards an automated lifecycle process, Telelogic supports an open architecture and the use of standardized languages. As an industry leader and technology visionary, Telelogic is actively involved in shaping the future of enterprise architecture, application lifecycle management, and customer needs management by participating in industry organizations such as INCOSE, OMG, The Open Group, Eclipse, ETSI, ITU-T, the TeleManagement Forum, and AUTOSAR.

Headquartered in Malmö, Sweden, with U.S. headquarters in Irvine, California, Telelogic has operations in 20 countries worldwide. Customers include Airbus, Alcatel, BAE SYSTEMS, BMW, Boeing, DaimlerChrysler, Deutsche Bank, Ericsson, General Electric, General Motors, Lockheed Martin, Motorola, NEC, Philips, Samsung, Siemens, Sprint, Thales, and Vodafone. 

For more information, please visit www.telelogic.com

Corporate Communications Contact:

Catharina Paulcén, 
EVP Corporate Communications
+46 (705) 17 47 30