Telelogic signs Corporate Agreement with Ericsson

Telelogic signs Corporate Agreement with Ericsson MALMÖ, Sweden, June 26, 2001 - Telelogic (Stockholm Stock Exchange:TLOG), a world-leading provider of solutions for advanced software development, today announced that it has signed an extensive Corporate Agreement with Ericsson concerning supply of its world class software development tools world wide. The parties view this agreement as an important and major breakthrough in making the full range of Telelogic software tools available in a generic and standardized manner to Ericsson's community of software engineers. "This agreement significantly expands Telelogic position as a vital strategic supplier to Ericsson. We are proud and pleased in having agreed with Ericsson, being a long-term and major customer of Telelogic, on this new business model for use of our tools.", says Anders Lidbeck, President & CEO for Telelogic. The parties expect rollout of Telelogic tools to Ericsson to start immediately. The parties have agreed not to reveal the value of the agreement. Telelogic expects no significant impact on the financial forecast for year 2001. However, the agreement will underpin this target. About Telelogic (Stockholm Stock Exchange/TLOG) Telelogic is a leading global supplier of solutions for advanced software and systems development. By providing integrated best-of-breed products and professional services for the end-to-end software development lifecycle, Telelogic enables organizations to improve quality and predictability, while reducing time-to-market and overall costs. Built on an open architecture that ensures interoperability with many top tier technology solutions, Telelogic's products are based on international standardized languages and notations. Telelogic participates in 3GPP, Bluetooth SIG and OMG to monitor and help create future communication technologies and visual software development languages. Named by Forbes Magazine as one of the 300 Best Small Companies in the world, Telelogic is a public and rapidly growing company headquartered in Malmö, Sweden. According to the VDC 2000 report Telelogic is the leading solution supplier in the embedded market and Telelogic DOORS has been named the market leader for requirements management in the Standish Group's 2000 report. Customers include Airbus, Alcatel, Bank of America, BMW, Boeing, British Telecom, Cisco, DaimlerChrysler, Deutsche Bank, Ericsson, Lockheed Martin, Lucent Technologies, Motorola, NEC, Nokia, Philips and Siemens. Telelogic's worldwide presence includes offices in Asia, Australia, Europe and North America. For more information about Telelogic and how it can benefit your development efforts, visit the website at www.telelogic.com. ### Telelogic and Telelogic Tau are trademarks of Telelogic. All other products are the trademarks, service marks, or registered trademarks of their respective holders. Contacts: Anders Lidbeck Catharina Sundelin President & CEO Director of Information & Investor Relations Telelogic AB Telelogic AB Phone: +46 40-17 47 00 Phone: +46 40-17 47 30 Fax: +46 40-17 47 47 Fax: +46 40-17 47 47 E-mail: E-mail: anders.lidbeck@telelogic.com catharina.sundelin@telelogic.com ------------------------------------------------------------ This information was brought to you by Waymaker http://www.waymaker.net The following files are available for download: http://www.bit.se/bitonline/2001/06/26/20010626BIT00520/bit0002.doc http://www.bit.se/bitonline/2001/06/26/20010626BIT00520/bit0002.pdf

About Us

Telelogic is a leading global provider of solutions for advanced systems and software development. Telelogic's intuitive, best-in-class software tools automate and support best practices throughout the development lifecycle, leaving development teams free to concentrate on core competencies and apply their skills and energy to value-added tasks. By optimizing each phase of development, Telelogic enables companies to deliver higher quality systems and software with greater predictability, reduced time-to-market and lower overall costs. To ensure interoperability with third-party tools, Telelogic's products are built on an open architecture and standardized languages.

Subscribe