Telelogic Signs 3.0 MEUR Renewal Agreement with Leading Global Telecommunication Vendor
MALMÖ, Sweden and IRVINE, California – December 28, 2007 – Telelogic (Nordic Exchange/MidCap/TLOG) today announced that a leading global telecommunications vendor has renewed its one-year licence and maintenance agreement for core components of Telelogic’s Solution for Enterprise Lifecycle Management (ELM), with a value of 3.0 million Euro.
The agreement includes licenses for Telelogic Focal Point™ for product management and product portfolio management, Telelogic Tau® for Model Driven Development™ (MDD™) of complex systems and software development, Telelogic Rhapsody® for Model Driven Development of Embedded Systems and Telelogic DOORS® for requirements analysis, definition and management.
”Telelogic’s solutions deliver powerful benefits to companies across the entire lifecycle - from deciding what to build to designing, developing and delivering it”, said Anders Lidbeck, President and CEO of Telelogic. “Telelogic is still the first choice when world-leading telecommunications companies need solutions to deliver and succeed in today’s dynamic and competitive market.”