Telelogic North America, Inc. Chosen as ‘Company of the Year’ Finalist by Software Council of Southern California

2006 Software Industry Awards Finalist Represents Best and Brightest Technology Companies From Southern California

IRVINE, California – 23 February 2006 – The Software Council of Southern California announced that Telelogic (Stockholm Exchange: TLOG), the leading provider of software solutions that align advanced systems and software development with business objectives, has been selected as a finalist in the 2006 Software Industry Awards for “Company of the Year.” The Software Industry Awards is celebrating its 12th year of recognizing individuals and companies that have made extraordinary contributions to the growth of Southern California as a center for technological innovation. The awards recognize leaders that have made outstanding contributions to the industry. The awards, representing over 8,000 companies and tens of thousands of talented employees, also measure the continuing growth and influence of the software industry in Southern California. The 2006 awards will be presented during the gala dinner ceremony at the historic Millennium Biltmore Hotel in Los Angeles on March 8, 2006. “The quality of finalists is impressive, and we are pleased that such dynamic companies continue to seek out our awards program year after year," said Jon Kraft, chairman of the Software Council. "The finalists exemplify the innovative spirit and high caliber technology acumen that is so prevalent in this region.” “Telelogic is honored to be identified by the Software Council of Southern California as a leader in the software industry,” said Scott Raskin, COO, Telelogic. “We are extremely pleased that our ongoing efforts to provide leading-edge software to government, automotive, energy, utilities, financial services/insurance, manufacturing, retail and healthcare communities have been recognized by the Software Council. We are equally proud that our innovative technology is making a difference in the world.” Telelogic Lifecycle Solutions enable organizations to clearly identify business and customer needs. These solutions align and optimize business and development processes to meet these needs. Telelogic's suite of intuitive, best-in-class applications automate and support best practices across the enterprise - from powerful business process management and enterprise architecture to requirements-driven development of advanced systems and software. Telelogic Lifecycle Solutions enhance quality by increasing agility and predictability throughout the lifecycle, helping to reduce project delays and cost overruns.