European Communication Service Extends agreement with Telelogic worth 748,345 EUR MALMO, Sweden and Irvine, California - March 30, 2007 - Telelogic (Nordic Exchange/MidCap/TLOG) today announced an agreement extension for Telelogic Solutions for Enterprise Lifecycle Management (ELM) with a leading European telecommunications service provider. The 3.5 year license and maintenance deal is worth 748,345 EUR. The deal will see the company which has already standardized on Telelogic DOORS®, Telelogic Tau® and Telelogic System Architect ® to provide their enterprise-level capability for requirements management and modeling in their IT organization, standardize on Telelogic Synergy™ for change and configuration management to the enterprise agreement. Both of the company's investment decisions support their IT department's strategic process improvement initiatives."The company required a truly integrated enterprise solution, one that improves both the business and development processes," said Anders Lidbeck, CEO and President of Telelogic "Our ability to deliver against the companies initial stringent process improvement requirements ensured Telelogic was the first choice for their change and configuration management needs”. 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: Johan Holmqvist Senior Director Investor Relations +46 (40) 17 47 31
European Communication Service Extends agreement with Telelogic worth 748,345 EUR
| Source: Telelogic AB