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I-Logix Announces Strong Growth and High Demand in Q3 for its Flagship UML 2.0 Model-Driven  
Released:  4/28/2005 5:35:43 PM
Company URL:  http://www.ilogix.com
Last View 12/1/2008 9:48:48 PM
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Press Release:

I-Logix Continues to Grow in the Embedded Systems and Software Development Tool Market Despite Slow Economic RecoveryAndover, MA (PRWEB) December 1, 2004 - Embedded systems and software solutions provider I-Logix announced today a record number of new customer wins for the third quarter. Demand for its core Model-Driven Development (MDD) tools Rhapsody and Statemate have pushed sales of I-Logix seats up 113% from the same quarter in the previous year demonstrating its growing strength and industry leadership. Of the total number of sales, 63% came from repeat customers while 37% of sales came from new customer acquisitions. Major account wins came from the following companies: ITT Aerospace, Siemens AG, Lockheed Martin, SAAB Bofors Dynamics AB, L3 Com, Nissan, General Dynamics, Boeing, Northrop Grumman, Hewlett Packard, Tyco Medical, Agilent, Philips Medical, Bose, Abbott, Motorola. Sales of all I-Logix tools and consulting services have increased more than 40% over the same quarter last year. While Q3 2004 growth is distributed over all industry segments, significant growth was achieved in the Military and Aerospace, Industrial, and Transportation industries. I am happy to report that I-Logix is witnessing tremendous momentum in the marketplace, said I-Logix CEO Gene Robinson. As model-driven technology finds increased acceptance among mainstream development and testing practices, I-Logix is clearly at the forefront of our industry providing the most comprehensive solution available today.I-Logix expanded its presence in the German market by finalizing the acquisition of the product division of German software development consulting firm Berner & Mattner GmbH (B&M). The acquisition takes place amidst a period of significant growth in the European embedded tools marketplace and will expand I-Logix capacity to provide comprehensive Model-Driven Development (MDD) solutions and support to customers worldwide.In response to growing demand in the Asian pacific marketplace, I-Logix opened a direct sales office in Japan to provide a higher level of service to existing accounts and expand its presence. About RhapsodyI-Logix Rhapsody is an award-winning, UML-compliant, systems design, application development, and collaboration platform. Rhapsody is used by design and development teams to deliver real-time embedded applications in C, C++, Java, and Ada. Rhapsody uniquely combines a graphical UML programming paradigm with advanced systems design and analysis capabilities and seamlessly links with the target implementation language, resulting in a complete model-driven development environment, from requirements capture through analysis, design, implementation, and test. Rhapsody dramatically boosts productivity and improves team collaboration, quality, and re-use leading to significantly compressed development cycles.About I-LogixFounded in 1987, I-Logix is the worldwide leading provider of Collaborative Model-Driven Development (MDD) solutions for systems design through software development focused on real-time embedded applications. These solutions allow engineers, operating in either small or very large teams, to graphically model the requirements, behavior, and functionality of embedded systems. The design is iteratively analyzed, validated, and tested throughout the development process while automatically generated production quality code can be output in a variety of languages. I-Logix facilitates team collaboration through unique project and task management capabilities integrated into its UML based MDD solutions, enabling design review and inter-team participation from concept-to-code, regardless of where team members are located. I-Logix is headquartered in Andover, Massachusetts and has sales and support centers throughout North America, Europe and the Far East. For more information, visit I-Logix at www.ilogix.com


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