Telelogic expands its presence in Asia - new office in Singapore

Telelogic expands its presence in Asia - new office in Singapore MALMÖ, Sweden, March 22, 2001 - Telelogic AB (Stockholm Stock Exchange: TLOG), the world-leading supplier of solutions for advanced software development, today announced that it has opened a new office in Singapore. "Telelogic is growing rapidly in Asia. The new office in Singapore, already generating business, is a strong evidence of our firm commitment to scale up our local presence and sales activities in Asia over the coming years. We experience a continued strong customer demand and interest in our solutions for advanced software development in this region.", says Anders Lidbeck, CEO and President for Telelogic. The operation in Singapore will be run by Peter Wargeus, the former Managing Director for Telelogic's Japanese subsidiary. "Mr Wargeus has successfully built up our business in Japan over the last couple of years. Japan is today one of the fastest growing territories in Telelogic. I have full confident for Mr Wargeus capabilities in turning South East Asia into an important region for Telelogic.", Lidbeck continues. The Singapore office will cover South East Asia with focus on Taiwan, Thailand, Malaysia and the Philippines. Telelogic's largest customers in this area include CWC (Center for Wireless Communications), DSO National Laboratories, Panasonic, KRDL (Kent Ridge Digital Labs), Deutsche Bank, ITRI, Acer and ASUSTek. The new office can be reached at: Telelogic Software Singapore Pte. Ltd. Level 35, UOB Plaza 1 80 Raffles Place Singapore 048624 Tfn: +65-2484-650 Fax :+65-2482-501 About Telelogic 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 headquarted 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: 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. catharina.sundelin@telelogic com .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/2001/03/22/20010322BIT00970/bit0001.doc http://www.bit.se/bitonline/2001/03/22/20010322BIT00970/bit0001.pdf