Telelogic continues to grow in Asia - new office in India

Telelogic continues to grow in Asia - new office in India MALMÖ, Sweden, April 18, 2001 - Telelogic AB (Stockholm Stock Exchange: TLOG), the world-leading supplier of solutions for advanced software development, today announced the opening of a new office in India. "The demand for Telelogic's products remains high in Asia. India, not at least, has seen a very strong growth within advanced software development during the last years. Large customers of Telelogic have significant business in India, especially within development of 3G and wireless systems. It is therefore natural for me to present Telelogic's new office in Bangalore today.", says Michael Atlevi, President, Market Division Asia for Telelogic. The business in India today employs 10 people and a strong growth is expected during the year. The office will handle all direct sales on the Indian market as well as local and regional customer support. Johan Wilson will lead the subsidiary in India. Mr. Wilson has an extensive experience from the software industry with various positions within sales and marketing at IBM. Prior to his assignment with Telelogic, Mr. Wilson held a position as VP Marketing at the Swedish daughter company of Cincom Systems. "We welcome Johan Wilson as the right person to lead our fast growing business in India with his broad experience from the software and communication industry.", Atlevi concludes. Telelogic's largest customers in India include Motorola, Lucent, General Electric, Samsung, Wipro, TATA Consulting, Satyam and CDot. The new office can be reached at: Telelogic India Pvt. Ltd. # 1103-1106, 11th Floor Prestige Meridian II 30, M.G Road Bangalore, 560001 India Tel: +91 80 50 95 690 Fax: +91 80 50 95 691 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. Contacts: Catharina Sundelin Director of Information & Investor Relations Telelogic AB Phone: +46 40-17 47 30 Fax: +46 40-17 47 47 E-mail: catharina.sundelin@telelogic.com ------------------------------------------------------------ This information was brought to you by BIT http://www.bit.se The following files are available for download: http://www.bit.se/bitonline/2001/04/18/20010418BIT00920/bit0002.doc http://www.bit.se/bitonline/2001/04/18/20010418BIT00920/bit0002.pdf