World Leading Defense Manufacturer Signs 700,000 USD Agreement with Telelogic
MALMÖ, Sweden and IRVINE, California – December 18, 2007 – Telelogic (Nordic Exchange/MidCap/TLOG) today announced that it has signed a 700,000 USD license and maintenance agreement with one of the world’s leading providers of defense technology.
The agreement sees the company increase their investment in Telelogic DOORS® for requirements definition, analysis and management and add Telelogic System Architect® for business process and enterprise architecture modeling to ensure they can deliver the solution that meet the rigorous demands of their government contracts.
“The customer decision to increase their investment in Telelogic’s market leading requirements solution and to add System Architect as the only products capable of delivering against the exacting demands of the defense industry further evidences Telelogic as the defense industries solution provider of choice,” said Anders Lidbeck President and CEO of Telelogic.