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Home News Telelogic Signs 2.5 MEUR Agreement with Aerospace Giant

Telelogic Signs 2.5 MEUR Agreement with Aerospace Giant

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Thursday, 20 December 2007 22:47
MALMÖ, Sweden and IRVINE, California - Telelogic (Nordic Exchange/MidCap/TLOG) has announced that a leading aerospace giant has signed a five-year license and maintenance agreement for core components of Telelogic´s solutions for Enterprise Lifecycle Management (ELM), with a value of 2.5 MEUR.

The pan Europe agreement sees the company extend and expand their use of Telelogic DOORS® for requirements definition, analysis and management, Telelogic SDL Suite (part of the Telelogic Tau® product family) for specification and development of complex, event-driven communications systems and protocol software, Telelogic Logiscope for static and dynamic code quality analysis and Telelogic Rhapsody® for Model Driven Development (MDD) of technical, real-time and embedded systems and software engineering.

"We are delighted that yet another global leading company has committed their future development plans with Telelogic´s solutions for ELM", said Anders Lidbeck, President and CEO of Telelogic. "Today´s agreement is further evidence of Telelogic´s unique ability to understand and deliver against the customer´s needs in the most demanding of industrial environments."

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. More than one third of the Fortune Global 500 companies use Telelogic software including market-leading aero/defense, automotive, financial services, software/electronic and telecommunications companies and governments worldwide. For more information, see www.telelogic.com.


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