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Telelogic Wins $2.2 Million Contract With Major American Automotive Supplier

Posted on: Thursday, 16 December 2004, 06:00 CST

Telelogic Wins $2.2 Million Contract with Major American Automotive Supplier

MALMO, Sweden, Dec. 16, 2004 (PRIMEZONE) -- Automotive Tier 1 supplier adds Telelogic DOORS(R) to its earlier investment in Telelogic SYNERGY(TM) for their application lifecycle solution.

Telelogic, (Stockholm Exchange: TLOG), the leading global provider of solutions for advanced systems and software development, today announced a $2.2 Million licensing and maintenance agreement with a leading American automotive tier 1 supplier. The company is a world leader in mobile electronics, transportation components and systems technology.

The three-year contract will see Telelogic DOORS deployed to 500 electronic and electrical engineers over more than a dozen of the company's global development sites. This order combined with the investment made in Telelogic SYNERGY earlier this year confirms the customers commit to Telelogic as its strategic supplier for automated lifecycle management (ALM) tools.

"The customer commitment to the agreement reinforces our strategy of providing the best automated lifecycle management solution." said Anders Lidbeck, president and CEO. "With this three-year agreement, we continue to prove our value as we expand our penetration in the automotive market."

"Automotive development is increasingly sophisticated with extreme performance and quality requirements. The complexity of systems and software require greater automation of the lifecycle. A requirements driven development process ensures that what is built the first time meets specifications while lowering post production maintenance costs. " said Scott Raskin, President, Telelogic Americas and Asia/Pacific. "With so much at stake, DOORS provides automotive manufacturers and their suppliers with the reliability, quality and traceability they need."

About Telelogic Founded in 1983, Telelogic(R) is a leading global provider of solutions for advanced systems and software development. Telelogic's intuitive, best-in-class software tools automate and support best practices throughout the application lifecycle, leaving development teams free to concentrate on core competencies and apply their skills and energy to value-added tasks. By optimizing each phase of development, Telelogic enables companies to deliver higher quality systems and software with greater predictability, reduced time-to-market and lower 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 Malmo, Sweden with U.S. headquarters in Irvine, California, Telelogic has operations in 17 countries worldwide. Customers include Alcatel, BAE SYSTEMS, BMW, Boeing, DaimlerChrysler, Deutsche Bank, Ericsson, General Motors, Lockheed Martin, Motorola, NEC, Nokia, Philips, Siemens, Thales and Vodafone. For more information, please visit www.telelogic.com

Contacts: Catharina Paulcen VP Corporate Communications Phone: +46 40 174730

This information was brought to you by Waymaker http://www.waymaker.net

The following files are available for download:

http://wpy.waymaker.net/client/waymaker1/WOLReleaseFile.aspx?id=58410&fn=wkr0001.pdf

Press release as pdf-file

Copyright © 2004 PrimeZone Media Network, Inc.

Source: PrimeZone Media Network

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