Telelogic Signs Its Largest Deal Ever Worth 5.12 MEUR.MALMO, Sweden & IRVINE, Calif. -- Telelogic (Nordic Exchange/Midcap/TLOG) has today signed a three year agreement with a Government Ministry within the market division EMEA (Europe, Middle East, Africa) Refers to that region of the world. For example, one might see products packaged differently for the UK, EMEA and Asia Pacific markets. (Europe, Middle East and Africa) worth 5.12 MEUR MEUR Million Euros . The agreement includes licenses, maintenance and services for Telelogic's solutions for Enterprise Lifecycle Management. Half of the deal value is related to services and half of the value to license and maintenance. The customer is already a term based license user of Telelogic's solutions and has today renewed for a further three year period, extending their usage to include all products for Enterprise Lifecycle Management. The customer selected Telelogic as the only provider able to ensure they meet the challenges of modern governance, enabling them to meet the goal of achieving the highest level of CMMi. "This is Telelogic's largest deal ever," said Anders Lidbeck, President and CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. of Telelogic. "We are pleased to get a renewed contract with this customer and we are looking forward to a long term relationship where the customer will continue to increase quality while reducing time-to-market in its projects." 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 The administration and control of an application from inception to its demise. It embraces requirements management, system design, software development and configuration management and implies an integrated set of tools for developing and controlling the project. , and customer needs management by participating in industry organizations such as INCOSE INCOSE International Council On Systems Engineering , OMG, The Open Group, Eclipse, ETSI, ITU-T See ITU. ITU-T - International Telecommunications Union , the TeleManagement Forum, and AUTOSAR AUTOSAR Automotive Open System Architecture . 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 (NEC Corporation, Tokyo, www.nec.com, www.necus.com) An electronics conglomerate known in the U.S. for its monitors. In Japan, it had the lion's share of the PC market until the late 1990s (see PC 98). NEC was founded in Tokyo in 1899 as Nippon Electric Company, Ltd. , Philips, Samsung, Siemens, Sprint, Thales, and Vodafone. For more information, please visit www.telelogic.com This information was brought to you by Waymaker http://www.waymaker.net |
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