MALMO, Sweden, July 4, 2002 (PRIMEZONE) -- Telelogic (Stockholm Exchange:TLOG), the leading provider of solutions for advanced systems and software development, today announced that a leading Australian defense subcontractor has signed an agreement worth US$560.000 for licenses of Telelogic DOORS. The agreement is for a 5-year period and allows the customer to standardize on Telelogic's market leading solution for requirements management. Under the agreement the customer also has the opportunity to adopt Telelogic's other application development tools to benefit from the efficiencies offered by an integrated development environment.
"An increasing number of companies recognize requirements management as a critical factor in project success and Telelogic DOORS, as the market leading solution, is well positioned to profit from this trend," said Anders Lidbeck, President and CEO for Telelogic. "Following last weeks multi-million agreement with the Australian Department of Defense, it is clear that our strategy to build long-term relationships with national government defense bodies and their leading prime contractors pays off as their tool preferences are pushed downwards to the subcontractors."
Through this strategic agreement with Telelogic, the customer will now be able to implement a standard environment for managing complex project requirements which will result in improved process efficiency, greater traceability, knowledge and skills reuse, and greater compliance to customers requirements.
About Telelogic DOORS
Telelogic DOORS is the world's leading requirements management tool according to the latest Standish Group industry report entitled, "What are your requirements? 2000." DOORS is a multi-platform, enterprise-wide requirements management tool designed to capture, link, trace, analyze and manage a wide range of information to ensure a project's compliance with specific requirements and standards. Telelogic recently released DOORS version 6.0, which adds Enterprise Change Proposal Management (ECPS) for configurable and scalable requirements change control. DOORS 6.0 also makes it even easier to manage both textual and pictorial requirements through enhanced OLE management. DOORS enables users to gather, trace and manage all requirements established for a development project, ensuring that the resulting product meets all defined customer needs.
About Telelogic
Founded in 1983, Telelogic(R) (www.telelogic.com) is a leading global provider of solutions for advanced systems and software development. The company's automated application lifecycle solution includes integrated best-in-class software and professional services for requirements management, change and configuration management, development, testing, and documentation. Telelogic enables organizations to improve quality and predictability, while reducing time-to-market and overall costs in systems and software development. Built on an open architecture that ensures interoperability with other leading third-party solutions, Telelogic's products are based on international standardized languages and notations. Telelogic participates in 3GPP and OMG to create future communication technologies and visual software development languages.
Headquartered in Malmo, Sweden the company has more than 1,000 employees worldwide. Customers include Airbus, Alcatel, BMW, Boeing, BT, DaimlerChrysler, Deutsche Bank, Ericsson, Lockheed Martin, Lucent Technologies, Motorola, NEC, Nokia, Philips and Siemens.
Telelogic and Telelogic DOORS are the registered trademarks of Telelogic AB. All other trademarks are the properties of respective holders.