Fortune 500 Company Signs 560,000 USD Agreement with Telelogic


Fortune 500 Company Signs 560,000 USD Agreement with Telelogic

MALMO, Sweden and Irvine, California - March 13, 2007 - Telelogic (Nordic Exchange/MidCap/TLOG) today announced a three year agreement with a leading Fortune 500 global information and delivery services provider worth 560,000 USD. The agreement includes licenses, maintenance and services for Telelogic DOORS® for requirements management, analysis and definition and Telelogic System Architect® for enterprise architecture and business process modeling.

The customer selected Telelogic as the only provider able to ensure that they can deliver against the challenges of modern governance, enabling them to meet their goal of achieving higher levels within the Organizational Project Management Maturity Model (OPM3)."The company required a truly integrated enterprise solution, one that met the challenges of this demanding business sector. This is exactly what Telelogic delivers," said Anders Lidbeck, President and CEO of Telelogic. "The combination of Telelogic's superior technology and ability to deliver a complete solution sealed this deal."

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. Customers include marketing-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