Telelogic closes several deals in Japan
Telelogic closes several deals in Japan MALMö, Sweden - October 1, 2001 - Telelogic (Stockholm Exchange:TLOG), the world-leading provider of solutions for advanced software development, today announced that it has closed a number of deals with a leading Japanese telecom manufacturer. The total value amounts to approx. US $920.000 (Yen 110 million). Telelogic will deliver licenses and maintenance for the development tool Telelogic Tau. "The signing of these deals in the current market climate is a good evidence of Telelogic's strong position in Japan. Asia is a market where we experience strong growth. We continuously translate more of our tools into Japanese, Korean and Chinese and we foresee a continued strong development for Telelogic in this region.", says Anders Lidbeck, President and CEO for Telelogic. Telelogic and the customer have signed a non-disclosure agreement and agreed not to comment any further details of the deals. About Telelogic Founded in 1983, Telelogic® (www.telelogic.com) is the leading global provider of solutions that enable advanced software and systems development. The company's automated application lifecycle solution includes integrated best-of-class software and professional services for requirements management, change and configuration management, development, testing, and documentation. Telelogic enables organizations to improve quality and predictability, while reducing time- to-market and overall costs in software development. 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 create future communication technologies and visual software development languages and methods. Headquartered in Malmö, Sweden the company has more than 1,000 employees worldwide. Customers include Airbus, Alcatel, BMW, Boeing, BT, DaimlerChrysler, Deutsche Bank, Ericsson, Lockheed Martin, Lucent Technologies, Motorola, NEC, Nokia, Philips and Siemens. 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.c catharina.sundelin@telelogic om .com Telelogic, Telelogic DOORS, Telelogic Tau and Telelogic Synergy are the registered trademarks of Telelogic AB. All other trademarks are the properties of respective holders. ------------------------------------------------------------ This information was brought to you by Waymaker http://www.waymaker.net The following files are available for download: http://www.waymaker.net/bitonline/2001/10/01/20011001BIT00830/bit0002.doc http://www.waymaker.net/bitonline/2001/10/01/20011001BIT00830/bit0002.pdf