Telelogic Signs 1.6 Million USD Agreement with Leading Global Communications Company
MALMÖ, Sweden and IRVINE, California – December 28, 2007 – Telelogic (Nordic Exchange/MidCap/TLOG) today announced that it has signed a 1.6 MUSD, 1-year license and maintenance agreement with one of the world’s leading providers of mobility products and solutions across broadband, embedded systems and wireless networks.
Under the agreement, the customer will continue its usage of core components of Telelogic’s Solutions for Enterprise Lifecycle Management (ELM); Telelogic Tau® for Model Driven Development™ (MDD™) and testing of complex systems and software, Telelogic DOORS® for requirements definition, management and analysis, Telelogic Rhapsody® for MDD for technical, real-time or embedded systems and software engineering, Telelogic DocExpress® for automated reporting and documentation generation and Telelogic System Architect® for enterprise architecture and business process modeling.
”The realities of modern business necessitates that companies continually seek ways to do more with less. Telelogic’s solutions allow customers to build more robust applications with higher performance and at lower cost,” said Anders Lidbeck, President and CEO of Telelogic. “Orders such as this are continued affirmation that we are delivering the measurable results the communication industry demands.”