Telelogic Signs 580,000 USD Agreement with World Leading Automotive Manufacturer


Telelogic Signs 580,000 USD Agreement with World Leading Automotive Manufacturer

MALMO, Sweden and Irvine, California - March 27, 2007 - Telelogic (Nordic
Exchange/MidCap/TLOG) today announced an agreement with a leading automotive
manufacturer worth 580,000 USD. The agreement includes licenses and maintenance
for Telelogic DOORS® for requirements management, analysis and definition. 

The customer has standardized on DOORS as part of their global process
improvement initiative. Selecting Telelogic as the only provider capable of
delivering against their rigorous criteria including requirements for
bi-directional traceability and reuse.

“The customer wants to improve quality and the time to market for their
important new vehicles over the next five years period”. said Anders Lidbeck,
President and CEO of Telelogic. ”Through Telelogic's industry leadership and
best in class solution we were able to seal the 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

Attachments

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