Telelogic (STO:TLOG), today announced that it has signed a license, maintenance and services contract worth 578,000 Euros with a leading European bank.
Following an extensive evaluation process, Telelogic Synergy and Telelogic Change was selected as the only solutions capable of delivering against the bank's requirement for tighter integration between change control and their new interactive release program. The company has standardized on Synergy within its international division, replacing a variety of change and configuration management solutions.
"Telelogic continues to experience substantial growth within the financial market sector. The company's selection of Synergy and Change as the only solutions able to deliver their long term business and development goals is further endorsement of both our strategy and products," says Anders Lidbeck, President and CEO of Telelogic.