Telelogic Receives Best Product Development Organization Award

- International Business Award Presented for Telelogic DOORS XT-

MALMÖ, Sweden and IRVINE, California – 31 May 2006 - Telelogic (Stockholm Exchange:TLOG), the leading provider of software solutions that align advanced systems and software development with business objectives, today announced that it has won an International Stevie Award for Best Product Development Organization in the third International Business Awards. The award was presented for the development team’s innovative work on the release of Telelogic DOORS® XT™. In addition to being selected as the winner for Best Product Development Organization, Telelogic was named as a finalist for Best New Product, for its release of Telelogic FOCAL POINT™ 5.1, the other new key component of the Telelogic Requirements Management portfolio. Together these groundbreaking products are revolutionizing globally distributed enterprise requirements management. The International Business Awards are the first global, all-encompassing business awards program honoring best performances in the workplace. Nicknamed 'the Stevies' for the Greek word 'crowned,' the awards will be presented to winners at a ceremony to be held on Monday June 26th at the Marriott Marquis Hotel, New York City. Recipients of the International Stevie Awards were selected from more than 700 nominations received from companies and individuals in more than 30 countries. "Telelogic prides itself on offering the industry’s most advanced and innovative tools for Enterprise Lifecycle Management, and in particular Requirements Management. With the combination of DOORS, DOORS XT and FOCAL POINT, we have the market leading requirements management portfolio. We work closely with our customers to identify their biggest development challenges and deliver products that support best practices and automate the entire development lifecycle," said Anders Lidbeck, CEO and President, Telelogic. "We are delighted to have these efforts validated and recognized by the international business community." "We congratulate all finalists and winners of the third, International Stevie Awards," said Michael Gallagher, founder and president of The Stevie Awards, the organization that runs The International Business Awards. "Their stories of integrity, creativity, perseverance, humanity, and profitability will be rightly honored during our gala June 26th awards dinner in New York." Complete lists of International Stevie winners and other details are available at www.stevieawards.com/iba. About The Stevie Awards The Stevie Awards™ were created to honor and generate public recognition of the efforts, accomplishments, and positive contributions of companies and business people worldwide. The mission of the Stevie Awards is to raise the profile of exemplary companies and individuals among the press, the business community, and the general public. The Stevie has become one of the world's most coveted awards. They have been called "the business world's own Oscar Awards." About Telelogic DOORS XT DOORS XT is the latest addition to Telelogic’s solutions for Requirements Management (RM). To leverage cost-effective resources, organizations increasingly build their systems and software using 'follow-the-sun' development practices. The result is virtual distributed workgroups. DOORS XT promotes successful projects by providing team members with access to a single master set of requirements that contains all of the latest approved changes. By making Requirements Management available to everyone, anywhere, at any time, DOORS XT transforms a distributed team into a unified workgroup that satisfies customer needs while complying with regulations. Key benefits of DOORS XT include: - An industry standard user interface based on state of the art technology that makes DOORS XT intuitive and easy to use. - Low cost of ownership. A thin client with simplified deployment that requires minimal attention from IT services. - A central database provides up-to-date-information to distributed users regardless of location, ensuring the project team is synchronized, effective and focused on the same objectives. - DOORS XT is based on industry-proven best practice and more than 15 years of Telelogic's experience in Requirements Management