Telelogic receives 3G order from leading German telecom company
Telelogic receives 3G order from leading German telecom company MALMÖ, Sweden, June 19, 2001 - Telelogic (Stockholm Stock Exchange:TLOG), the world-leading provider of solutions for advanced software development, today announced a contract worth approximately E500,000 from a leading German telecom manufacturer. The order consists of licenses and maintenance for Telelogic's development tools, Telelogic Tau. "Telelogic's 3G business continues to be successful.", says Anders Lidbeck, President and CEO for Telelogic. "From a development perspective, 3G has not yet reached the peak. We are still seeing new projects coming up at our customers, especially in Europe and Asia. Telelogic is the market leader in this area and we will continue to generate revenue from 3G project during a foreseeable future." 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. Contacts: Anders Lidbeck Catharina Sundelin President & CEO Director of Information & Investor Relations Telelogic AB Telelogic AB Phone: +46 40-1747 00 Phone: +46 40-17 47 Fax: +46 40-17 4747 Fax: +46 40-17 47 47 30 47 E-mail: E-mail: anders.lidbeck@telelogic.com catharina.sundelin@teleogic.com l ------------------------------------------------------------ This information was brought to you by Waymaker http://www.waymaker.net The following files are available for download: http://www.bit.se/bitonline/2001/06/19/20010619BIT00900/bit0001.doc http://www.bit.se/bitonline/2001/06/19/20010619BIT00900/bit0002.pdf