Bo Dimert new Chairman of the Board in Telelogic

Bo Dimert new Chairman of the Board in Telelogic MALMÖ, 31 July, 2001 - Telelogic (Stockholm Stock Exchange:TLOG), the world-leading provider of solutions for advanced software development, today announced that Bo Dimert, current board member in Telelogic, has been appointed new chairman of the board of directors in Telelogic AB. Bo Dimert will replace the previous chairman, Göran Lindahl, that will continue to work for Telelogic as board member. "Telelogic is a company with a great potential that already today has a world leading position. As chairman of the board, I will play an active role in the company's development. The board of director's commitment and support to the management are of vital importance in the current market conditions.", says Bo Dimert. "Bo Dimert with his genuine combination of telecom- and IT knowledge will add a lot of value to Telelogic. He has previously been CEO and President for Ericsson's American business and prior to that active in IBM and DEC (Digital Equipment Corp.). Bo has both the required knowledge and extensive contacts, not least on the important American market.", says Anders Lidbeck, President and CEO for Telelogic. "I'm also glad that Telelogic will continue to benefit from Göran Lindahl's experience and contacts Göran Lindahl has, with respect to the necessary investment in time in relation to the announced share issue, and because of other board assignments for instance in LM Ericsson and Sony, at his own request, resigned as chairman for the board of directors. He comments: "In today's situation the demands on a chairman' accessibility and contribution of time is very high in a fast growing company like Telelogic. Bo Dimert combines a, for Telelogic, ideal competence with the necessary accessibility. I look forward to continue to work for Telelogic as elected board member." About Telelogic (Stockholm Stock Exchange/TLOG) Telelogic is a leading global supplier of solutions for advanced software 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 other leading third- party 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 Venture Development Corporation 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, 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, Telelogic Tau, Telelogic DOORS and Telelogic Synergy 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.waymaker.net/bitonline/2001/07/31/20010731BIT00310/bit0002.doc http://www.waymaker.net/bitonline/2001/07/31/20010731BIT00310/bit0002.pdf