Telelogic signs 840,000 USD Agreement with Global Provider of Business Integration Software

Business Wire, Dec 27, 2006

MALMO, Sweden -- Telelogic (STO:TLOG) (Nordic Exchange/MidCap/TLOG), the leading provider of software solutions that align advanced systems and software development with business objectives, today announced an extended license and maintenance agreement with a global provider of business integration software. The agreement is worth 840,000 USD.

This two-year deal sees the company extends their existing agreement and continues to use Telelogic Synergy[TM] for change and configuration management and Telelogic DOORS[R], for requirements analysis, definition and management, in both Europe and Asia Pacific to support numerous strategic initiatives within the IT and R&D parts of the business.

"Telelogic solutions deliver powerful benefits to globally distributed companies," said Anders Lidbeck, President and CEO of Telelogic. "With Telelogic's tools in place, distributed development teams can work more effectively together, cope better with changes, communicate more efficiently, and meet their demanding deadlines."

About Telelogic

Telelogic[R] is a leading global provider of solutions for automating and supporting best practices across the enterprise - from powerful modeling of business processes and enterprise architectures to requirements-driven development of advanced systems and software. Telelogic's solutions enable organizations to align product, systems, and software development lifecycles with business objectives and customer needs to dramatically improve quality and predictability, while significantly reducing time-to-market and overall costs.

To better enable our customers' drive towards an automated lifecycle process, Telelogic supports an open architecture and the use of standardized languages. As an industry leader and technology visionary, Telelogic is actively involved in shaping the future of enterprise architecture, application lifecycle management, and customer needs management by participating in industry organizations such as INCOSE, OMG, The Open Group, Eclipse, ETSI, ITU-T, the TeleManagement Forum, and AUTOSAR.

Headquartered in Malmo, Sweden, with U.S. headquarters in Irvine, California, Telelogic has operations in 20 countries worldwide. Customers include Airbus, Alcatel, BAE SYSTEMS, BMW, Boeing, DaimlerChrysler, Deutsche Bank, Ericsson, General Electric, General Motors, Lockheed Martin, Motorola, NEC, Philips, Samsung, Siemens, Sprint, Thales, and Vodafone.

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