Telelogic Signs 1,396,000 Euro Contract with Comply Serve Ltd
MALMO, Sweden & IRVINE, Calif.--Telelogic (STO:TLOG)(Nordic Exchange/MidCap/TLOG), today announced that it has signed a five year license and maintenance agreement worth 1,396,000 Euro with Comply Serve Ltd an European based provider of web based project and product compliance solutions that utilize the Telelogic requirements management software product DOORS(R).
The agreement cements a relationship that started back in 2005 and in an area of business that is being revolutionized by the way the Internet can be used to bring the supply chain together. Chris Rolison, CEO Comply Serve Ltd said, "This agreement is a significant milestone in a partnership that has a very exciting future. DOORS was selected as the requirements management solution capable of delivering against the exacting demands our clients face in attaining and maintaining compliance in an increasingly regulated environment and where the costs of non-compliance and project failure are significant."
"We are delighted that Comply Serve has selected Telelogic as the only vendor capable of providing a solution that supports the challenges faced by their clients in achieving regulatory compliance," said Anders Lidbeck, President and CEO of Telelogic.
About Comply Serve
Comply Serve Ltd is a provider of unique, web-based project and product compliance solutions to clients operating in highly regulated industries. Comply Serve's business focus is in markets where there is a need to address complex compliance and assurance goals on high risk, high value programmes of work ranging from transport and construction to pharmaceutical and utilities. Comply Serve solutions enable projects, often for the first time, to manage complex project and product compliance needs throughout the supply chain, delivering significant time, quality and financial advantages. A Comply Serve subscription includes access to compliance software which can be easily and cost-effectively deployed throughout the supply chain using Software as a Service (SaaS) delivery model. www.complyserve.com
About Telelogic
Telelogic is the leading global provider of software solutions for Enterprise Lifecycle Management (ELM). Award-winning Telelogic software helps customers design, develop, and deliver the world's most advanced and innovative products, systems, and software more efficiently by aligning and optimizing development lifecycles and business processes with business objectives and customer needs. Telelogic helps customers improve quality and predictability while reducing time-to-market and overall costs. Headquartered in Malm, Sweden with U.S headquarters in Irvine, California, Telelogic conducts business in more than 40 countries. More than one third of the Fortune Global 500 companies use Telelogic software including marketing-leading aero/defense, automotive, financial services, software/electronic and telecommunications companies and governments worldwide. For more information, see www.telelogic.com.
This information was brought to you by Cision http://newsroom.cision.com
Contacts
Telelogic
Catharina Paulcn, +46 (40) 17 47 30
EVP Corporate Communications
The agreement cements a relationship that started back in 2005 and in an area of business that is being revolutionized by the way the Internet can be used to bring the supply chain together. Chris Rolison, CEO Comply Serve Ltd said, "This agreement is a significant milestone in a partnership that has a very exciting future. DOORS was selected as the requirements management solution capable of delivering against the exacting demands our clients face in attaining and maintaining compliance in an increasingly regulated environment and where the costs of non-compliance and project failure are significant."
"We are delighted that Comply Serve has selected Telelogic as the only vendor capable of providing a solution that supports the challenges faced by their clients in achieving regulatory compliance," said Anders Lidbeck, President and CEO of Telelogic.
About Comply Serve
Comply Serve Ltd is a provider of unique, web-based project and product compliance solutions to clients operating in highly regulated industries. Comply Serve's business focus is in markets where there is a need to address complex compliance and assurance goals on high risk, high value programmes of work ranging from transport and construction to pharmaceutical and utilities. Comply Serve solutions enable projects, often for the first time, to manage complex project and product compliance needs throughout the supply chain, delivering significant time, quality and financial advantages. A Comply Serve subscription includes access to compliance software which can be easily and cost-effectively deployed throughout the supply chain using Software as a Service (SaaS) delivery model. www.complyserve.com
About Telelogic
Telelogic is the leading global provider of software solutions for Enterprise Lifecycle Management (ELM). Award-winning Telelogic software helps customers design, develop, and deliver the world's most advanced and innovative products, systems, and software more efficiently by aligning and optimizing development lifecycles and business processes with business objectives and customer needs. Telelogic helps customers improve quality and predictability while reducing time-to-market and overall costs. Headquartered in Malm, Sweden with U.S headquarters in Irvine, California, Telelogic conducts business in more than 40 countries. More than one third of the Fortune Global 500 companies use Telelogic software including marketing-leading aero/defense, automotive, financial services, software/electronic and telecommunications companies and governments worldwide. For more information, see www.telelogic.com.
This information was brought to you by Cision http://newsroom.cision.com
Contacts
Telelogic
Catharina Paulcn, +46 (40) 17 47 30
EVP Corporate Communications