Business Services Industry
Telelogic AB extends software license and maintenance contract with US customer
Nordic Business Report, March 30, 2007
NORDIC BUSINESS REPORT-30 March 2007-Telelogic AB extends software license and maintenance contract with US customer(C)1994-2007 M2 COMMUNICATIONS LTD http://www.m2.com
Swedish software company Telelogic AB said on Friday (30 March) that it has received a new USD622,000 license and maintenance contract from a leading North American aviation electronics and communications equipment provider.
The new contract extends the customer's right to use Telelogic's requirements management, analysis and definition solution Telelogic DOORS by three and a half years, and includes a maintenance agreement.
Telelogic, headquartered in Malmo, Sweden, is a global provider of enterprise lifecycle management solutions. The company has regional headquarters in California in the US, but also conducts business in over 40 other countries. Telelogic is listed on the Nordic Exchange in Stockholm.
One British pound (GBP) is worth approximately 1.93 US dollars (USD).
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