Telelogic Signs 573,000 EUR Agreement with Leading Defense Manufacturer
One of the world’s largest defense manufacturer to give systems and software engineers complete access to Telelogic DOORS® through extension of existing agreement.
MALMÖ, Sweden – October 3, 2005 – Telelogic (Stockholm Exchange: TLOG), leading provider of software solutions that align advanced systems and software development with business objectives, today announced plans to extend its Enterprise Agreement with one of the largest manufacturing exporters of advanced defense and aerospace products. The four and half year deal will see approximately 2000 engineers will gain access to Telelogic’s complete requirements management product portfolio, including DOORS, DOORSnet™, Telelogic's Lifecycle Change Management solution, DOORS/Tender Management™, and DOORS/Analyst™, which will be utilized to ensure projects are completed on time, within budget, and with all features and functionality originally specified. “Telelogic has worked closely with this customer to build upon and expand the successful Enterprise Agreement signed earlier,” said Anders Lidbeck, President and CEO of Telelogic. “This represents a significant step forward for us as the customer is at the cutting edge of systems and software design. Today’s announcement is yet another endorsement of Telelogic’s desire to create an even stronger partnership with this customer and vindicates our long term belief that this way of working really does add value to our largest and most important customers.”