Telelogic Signs 2.5 MEUR Agreement with Aerospace Giant
MALMÖ, Sweden and IRVINE, California – December 20, 2007 – Telelogic (Nordic Exchange/MidCap/TLOG) today announced that a leading aerospace giant has signed a five-year license and maintenance agreement for core components of Telelogic’s solutions for Enterprise Lifecycle Management (ELM), with a value of 2.5 MEUR.
The pan Europe agreement sees the company extend and expand their use of Telelogic DOORS® for requirements definition, analysis and management, Telelogic SDL Suite™ (part of the Telelogic Tau® product family) for specification and development of complex, event-driven communications systems and protocol software, Telelogic Logiscope™ for static and dynamic code quality analysis and Telelogic Rhapsody® for Model Driven Development™ (MDD™) of technical, real-time and embedded systems and software engineering.
“We are delighted that yet another global leading company has committed their future development plans with Telelogic’s solutions for ELM”, said Anders Lidbeck, President and CEO of Telelogic. “Today’s agreement is further evidence of Telelogic’s unique ability to understand and deliver against the customer’s needs in the most demanding of industrial environments.”