Telelogic Signs $745,000 Contract with American Systems Integrator
Telelogic Signs $745,000 Contract with American Systems Integrator - Five year agreement including licenses for Telelogic DOORS/Analyst and Telelogic SYNERGY - MALMÖ, Sweden - March 11, 2004 - Telelogic (Stockholm Exchange: TLOG), the leading global provider of solutions for advanced systems and software development, today announced that it has signed a five year contract worth $745,000 with a major American systems integrator. The contract includes licensing fees and maintenance with a value of $556,000 and professional services totaling $189,000. Telelogic DOORS/Analyst and Telelogic SYNERGY will be used by a team of around 100 developers at the customer's Australian site. The customer is developing software consisting of more than 4 million lines of code and with approximately 20 concurrent supported releases. Managing so many variant releases demands a sophisticated change management & configuration management tool like Telelogic SYNERGY. The implementation has seen competitive solutions replaced. "It is great to see that yet another large global organization is showing confidence in our integrated solution," said Anders Lidbeck, President and CEO for Telelogic. "The customer has implemented CMMI in its organization and was looking for tools to support that process. With the new tools in place, the customer is able to implement a requirement driven development process, which will ensure that all requirements and changes are actually being implemented. This also translates into considerable cost savings over time." About Telelogic Founded in 1983, Telelogic® is a leading global provider of solutions for advanced systems and software development. Telelogic's intuitive, best-in-class software tools automate and support best practices throughout the application development lifecycle, leaving development teams free to concentrate on core competencies and apply their skills and energy to value-added tasks. By optimizing each phase of development, Telelogic enables companies to deliver higher quality systems and software with greater predictability, reduced time-to-market and lower overall costs. To ensure interoperability with third-party tools, Telelogic's products are built on an open architecture and standardized languages. As an industry leader and technology visionary, Telelogic is actively involved in shaping the future of advanced systems and software development by participating in industry organizations like ETSI, INCOSE, ITU-T, OMG and others. Headquartered in Malmö, Sweden with U.S. headquarters in Irvine, California, Telelogic has operations in 17 countries worldwide. Customers include Alcatel, BAE SYSTEMS, BMW, Boeing, DaimlerChrysler, Deutsche Bank, Ericsson, General Motors, Lockheed Martin, Motorola, NEC, Nokia, Philips, Siemens, Thales and Vodafone. For more information, please visit www.telelogic.com Contacts: Catharina Paulcén VP Corporate Communications Phone: +46 40 174730 ------------------------------------------------------------ This information was brought to you by Waymaker http://www.waymaker.net The following files are available for download: http://www.waymaker.net/bitonline/2004/03/11/20040311BIT20330/wkr0001.pdf