New logo for a contract standard (PS2000)

Want to win a job like this?
This customer received 109 logo designs from 47 designers. They chose this logo design from Alien Cookie as the winning design.
Join for free Find Design Jobs- Guaranteed
Logo Design Brief
The product PS2000 SOL is a contract standard meant to be used leading up to and during projects that consists of Software development. The contract is owned by the customer and used to establish a common understanding between the customer and the supplier (software developer) in regards to the scope of work and the end target of the project.
The PS2000 SOL contract is based on iterative development, which also is suitable for development using leading, agile methods (SCRUM). The SOL part of the name is based on the Norwegian language and is short for Agile Taskbased Deliveries (directly translated).
The earlier versions of the contract, called PS2000, has existed for many years and it is a well-established brand in Norway. Because of this we wish to keep the “brand name” PS2000 and incorporate this into the new name. Hence we are naming the new contract PS2000 SOL. The logo for the earlier versions of PS2000 consisted of color-elements from our company-logo, but it is not necessary to keep these elements in a logo.
This is on behalf of a collegue and he wants to have a sun integrated in the logo. I'm not too sure if that could work(?)
(The old logo is from year 2000:
http://upload.wikimedia.org/wikipedia/commons/thumb/5/54/PS2000.jpg/220px-PS2000.jpg)
Updates
Thank you for your contributions! We have now selected a design.
Best of luck to other designs!
Kind Rgds
Added Wednesday, September 11, 2013
Industry/Entity Type
It Company
Logo Text
PS2000 SOL