Telelogic signs 1.1 MUSD Agreement with Leading Asia Pacific Industrial Automation and Transportation Service Provider
MALMÖ, Sweden and IRVINE, California – December 3, 2007 – Telelogic (Nordic Exchange/MidCap/TLOG), today announced that it has signed a 5 year 1.1 MUSD license and maintenance agreement with an Asia Pacific industrial automation and transportation service provider.
The agreement doubles the existing contract and will see the company extend their current usage of Telelogic’s Solutions for Enterprise Lifecycle Management. The contract includes Telelogic DOORS® for requirements analysis, definition and management, Telelogic System Architect® for enterprise architecture and business process modeling, Telelogic Synergy™ for change and configuration management across the enterprise and Telelogic Tau® for standards-based Model Driven Development™ (MDD™).
“We are delighted that the customer has both extended and expanded the existing agreement,” said Anders Lidbeck, President and CEO of Telelogic. “The new contract is further endorsement of Telelogic’s ability to understand customer requirements in all industry sectors and deliver the solutions necessary to ensure success.”