Telelogic renewals service agreement with Nordic telecom company

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Telelogic renewals service agreement with Nordic telecom company MALMÖ, Sweden, December 22, 2000 - Telelogic AB (Stockholm Stock Exchange: TLOG), the world-leading supplier of solutions for real-time software development, configuration management and requirements management, today announced a renewal of a service agreement with a leading Nordic telecom company. The deal is worth approximately 16 MSEK ($1.6 million). Telelogic has for a longer period of time customized Telelogic Tau to the customer's development environment. This agreement is an extension of the previous partnership meaning that Telelogic will be full responsible for the implementation of the programming language SDL in the organization. The project has duration until October 2001. "There is a high demand for customized projects like this.", says Anders Lidbeck, President and CEO for Telelogic. "We can offer a complete solution with our generic products as a base and then customize them to the customer's unique development environment. By doing so, our customers can efficiently use the programming code and technology developed in their previous projects. With an ever shorter time-to-market, this is becoming a key factor." About Telelogic Telelogic is established in thirteen countries under its own name, and a further 20 countries through distributors. It leads the market in development environments for advanced software, especially in real-time applications. By offering high quality graphical development tools and related services, Telelogic makes the development of software more rapid, less labor intensive, and more reliable. The company has a global client base, including all the top 10 communication suppliers such as Alcatel, Cisco, Ericsson, Hewlett-Packard, Lucent, Motorola, NEC, Nokia, Nortel Networks and Siemens, as well as a number of leading suppliers within automotive and aerospace. The software market is moving towards more visual programming methods, and Telelogic leads in the production of the next generation of development tools in this area. Telelogic is well prepared to deliver rapid and complete solutions for the complex challenges faced by the real-time industry. For more information about Telelogic, please visit www.telelogic.com. ### Telelogic and Telelogic Tau are trademarks of Telelogic. All other products are the trademarks, service marks, or registered trademarks of their respective holders. Contacts: Anders Lidbeck Catharina Sundelin President & CEO Director of Information & Investor Relations Telelogic AB Telelogic AB Phone: +46 40-17 47 00 Phone: +46 40-17 47 30 Fax: +46 40-17 47 47 Fax: +46 40-17 47 47 E-mail: E-mail: catharina.sundelin@telelogic.com anders.lidbeck@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/2000/12/22/20001222BIT01000/bit0001.doc http://www.bit.se/bitonline/2000/12/22/20001222BIT01000/bit0002.pdf