Telelogic receives large order from leading European bank

Telelogic receives large order from leading European bank MALMÖ, Sweden, March 22, 2001 - Telelogic AB (Stockholm Stock Exchange: TLOG), the world-leading supplier of solutions for advanced software development, today announced an order worth approximately 1 million Euro ($900.000), from a leading European bank. The order consists of licenses and maintenance for Telelogic CM Synergy, Telelogic's change management tools and will be used in the customer's major software development projects. Of the total order value, licenses account for 800.000 Euro ($720.000) and maintenance for 200.000 Euro ($180.000). "I am very pleased to announce another large deal for our newly acquired CM Synergy product. At the same time this major contract is a strong evidence of Telelogic's increased presence within the financial sector. Our strategy is to gradually target new industries where advanced software development plays an increasing part of the companies business", says Anders Lidbeck, CEO and President for Telelogic. "In addition it is very positive that our gradually intensified relation with the customer is rewarded with a deal of this size. It is a good demonstration of our ability to build value for our customers", Lidbeck continues. 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 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. ------------------------------------------------------------ This information was brought to you by BIT http://www.bit.se The following files are available for download: http://www.bit.se/bitonline/2001/03/22/20010322BIT01430/bit0002.doc http://www.bit.se/bitonline/2001/03/22/20010322BIT01430/bit0002.pdf