Telelogic receives large order from England

Report this content

Telelogic receives large order from England MALMÖ, Sweden, December 27, 2000 - Telelogic AB (Stockholm Stock Exchange: TLOG), the world-leading supplier of solutions for real-time software development, configuration management and requirements management, today announced an order worth approximately 15 MSEK ($1.55 million) from a leading European aerospace and defense company. The deal includes DOORS licenses that will be rented over a three-year period, maintenance and services. "We are continuously strengthening our market position within the aerospace and defense industry, especially in England, US and France. Our offer suits all markets where advanced software development is a key factor to success. Right now, we need sales and delivery channels. With the acquisitions of Verilog, QSS and Continuus, we gained good customer relationships with several leading companies in these areas. We look forward to similar partnerships in the future.", says Anders Lidbeck, President and CEO for Telelogic. About Telelogic Telelogic is established in thirteen countries under its own name, and a further 20 countries through distributors. It leads the market in development environments for advanced software, especially in real-time applications. By offering high quality graphical development tools and related services, Telelogic makes the development of software more rapid, less labor intensive, and more reliable. The company has a global client base, including all the top 10 communication suppliers such as Alcatel, Cisco, Ericsson, Hewlett-Packard, Lucent, Motorola, NEC, Nokia, Nortel Networks and Siemens, as well as a number of leading suppliers within automotive and aerospace. The software market is moving towards more visual programming methods, and Telelogic leads in the production of the next generation of development tools in this area. Telelogic is well prepared to deliver rapid and complete solutions for the complex challenges faced by the real-time industry. For more information about Telelogic, please visit www.telelogic.com. Telelogic and Telelogic Tau are trademarks of Telelogic. All other products are the trademarks, service marks, or registered trademarks of their respective holders. Contacts: Anders Lidbeck Catharina Sundelin President & CEO Director of Information & Investor Relations Telelogic AB Telelogic AB Phone: +46 40-17 47 00 Phone: +46 40-17 47 30 Fax: +46 40-17 47 47 Fax: +46 40-17 47 47 E-mail:anders.lidbeck@telelogic.com E-mail: catharina.sundelin@telelogic.com ------------------------------------------------------------ This information was brought to you by BIT http://www.bit.se The following files are available for download: http://www.bit.se/bitonline/2000/12/27/20001227BIT00350/bit0001.doc http://www.bit.se/bitonline/2000/12/27/20001227BIT00350/bit0002.pdf