Telelogic Wins US$624,000 Deal with Business Services Software Provider
Telelogic Wins US$624,000 Deal with Business Services Software Provider - After Extensive Competitive Review Telelogic SYNERGY Becomes Company Standard for CM - MALMÖ, Sweden and IRVINE, California - November 21, 2003 - Telelogic (Stockholm Exchange: TLOG), the leading global provider of solutions for advanced systems and software development, today announced that it has signed a license and maintenance contract worth US$624,000 with a leading US-based business services software provider. The US$2 billion company will use Telelogic SYNERGY at multiple software development sites around the world including India, UK, Ohio (U.S.) and Florida (U.S.) to improve development processes, enhance collaboration across the enterprise and improve quality and time-to-market. Previously, the company had used a variety of CM products for four years. Telelogic was selected after an in-depth competitive review, based on SYNERGY's ability to provide a more robust, and flexible system for their change and configuration management needs. SYNERGY's distributed configuration management capabilities, high levels of automation, task-based workflows were important competitive differentiators. The agreement also includes provisions for follow-on orders for Telelogic DOORS®, the world's leading requirements management solution, and Telelogic TAU®, the industry's first UML 2.0-based visual application development solution. "Telelogic SYNERGY has a reputation as one of the most innovative CM products on the market. It offers a unique approach; yet, it is the one tool that is designed for the way development teams really work," said Anders Lidbeck, president and CEO of Telelogic. "The decision to eliminate the systems already in place and roll out SYNERGY to more than 100 developers clearly demonstrates confidence in Telelogic's approach and the value we offer our customers." About Telelogic SYNERGY Telelogic SYNERGY is an integrated tool family for change and configuration management, which provides lifecycle control for a company's software development assets. This enables superior quality advanced software and systems to be developed faster and at reduced cost. Named the most advanced change and configuration management system on the market by Yphise in its 2002 industry report "Application Change Management Software," and listed as the highest-rated configuration management tool in Ovum's May 2003 report, "Ovum Evaluates: Configuration Management," this project tool tracks changes and ensures configuration integrity during a software product's lifecycle, enabling parallel and distributed teams to improve productivity and quality. About Telelogic Founded in 1983, Telelogic® is the leading global provider of solutions for advanced systems and software development. The company's integrated best-in-class software tools, supported by professional services, enable companies to automate their entire development lifecycle, resulting in improved quality and predictability with reduced time-to-market and 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 18 countries worldwide. Customers include Alcatel, BAE SYSTEMS, BMW, Boeing, DaimlerChrysler, Deutsche Bank, Ericsson, General Motors, Lockheed Martin, Motorola, NEC, Nokia, Philips, Siemens and Thales. For more information, please visit www.telelogic.com. Contact: Catharina Paulcén VP Corporate Communications Phone: +46 40 174730 E-mail: ir@telelogic.com ------------------------------------------------------------ This information was brought to you by Waymaker http://www.waymaker.net The following files are available for download: http://www.waymaker.net/bitonline/2003/11/21/20031121BIT20450/wkr0001.pdf