Leading European IT company signs 580,000 EUR agreement extension with Telelogic
Company extends the usage of Telelogic SYNERGY™, Telelogic DOORS®, Telelogic TAU® G2
MALMÖ, Sweden and IRVINE, California – 29 December 2005 – Telelogic (Stockholm Exchange: TLOG), the leading provider of software solutions that align advanced systems and software development with business objectives, today announced that it has signed a four year, 580,000 EUR licensing, maintenance and professional services agreement with a leading Spanish-headquartered European information technology and defense company. Last year, the company standardized on Telelogic DOORS for Requirements Management and analysis, Telelogic SYNERGY for Change and Configuration Management, Telelogic TAU G2 for systems and software modeling, development and test in a four year agreement. The new agreement rolls the products out across the company's complex development environments. "These core components of Telelogic's Lifecycle Solutions will help the company meet its desired goals of efficiency improvements in a very complex development environment," said Anders Lidbeck, President and CEO, Telelogic. "Using Telelogic's solutions across the organization's entire development lifecycle will also optimize communication and collaboration for its distributed teams working on parallel versions, resulting in fewer errors, lower development costs and faster time to market."