Telelogic Signs 2.0 Million EUR Renewal Agreement with Leading Global Telecommunications Vendor
Telelogic (STO:TLOG), the leading global provider of software solutions that align advanced systems and software development with business objectives, today announced that a leading global telecommunications vendor has renewed its one-year agreement for core components of Telelogic’s Enterprise Lifecycle Management (ELM) solution, at a value of 2.0 million EUR. Under the terms of the agreement Telelogic’s solutions will be rolled out to over 4000 users, an increase in the user base compared to 2005.
The agreement includes licenses for Telelogic FOCAL POINT, in addition to licenses for Telelogic TAU for analysis, modeling, design, and code generation, and Telelogic DOORS for requirements analysis and management. FOCAL POINT’s superior decision-making capabilities convinced the customer’s product management group to standardize on it for release planning and product planning.
“Telelogic’s solutions deliver powerful benefits to companies across the entire lifecycle - from deciding what to build to designing, developing and delivering it”, said Anders Lidbeck, President and CEO of Telelogic. “Telelogic is still the first choice when world-leading telecommunications companies need solutions to deliver and succeed in today’s dynamic and competitive market.”
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