Telelogic receives largest order ever for 3G components in Japan

Telelogic receives largest order ever for 3G components in Japan MALMÖ, Sweden, March 29, 2001 - Telelogic AB (Stockholm Stock Exchange: TLOG), the world-leading supplier of solutions for advanced software development, today announced an agreement with one of the major mobile phone manufacturer in Japan to license leading-edge 3G software components during 2001. The components comprise protocol implementations and associated test suites for 3rd Generation mobile systems. The customer will use the component technologies within their 3G terminal products planned initially for the Japanese market. The multimillion USD contract represents the largest order in the history of Telelogic and will also lead to additional orders for Telelogic tools and professional services. "Japan is today the most interesting market for 3G and this deal once again points to Telelogic's leading position within the development of next generation mobile systems. Under this agreement, Telelogic will deliver ready-to-use software components to assist the customer develop their 3G systems within the demanding time frames set for the Japanese market", says Anders Lidbeck, CEO and President for Telelogic. "It is also very satisfying for our investment in the Components development. The objectives stated for the first 12 months have now been exceeded. This contract will form a good foundation for the further development of the Components business", Lidbeck continues. About Telelogic Components Component based development is a growing trend within the software industry. Companies have realized the costs associated with building all new software systems from zero. Instead of developing an entire system themselves, companies are increasingly looking to use standardized modules, or software components, to fill the need for a specific functionality. The development time thereby can be substantially reduced and the customer can focus on adding unique features to the final product. Telelogic started its Components business in the beginning of 2000. Based on the experience with advanced software development tools and a strong representation in various standardization bodies, Telelogic can offer software components for 3G and Bluetooth. The goal for the first 12 months, including the second quarter of 2001 was to reach 50 MSEK of turnover for the Components business. 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/2001/03/29/20010329BIT00130/bit0002.doc http://www.bit.se/bitonline/2001/03/29/20010329BIT00130/bit0002.pdf