Telelogic signs Corporate Agreement with the Saab Group

Telelogic signs Corporate Agreement with the Saab Group MALMÖ, Sweden - November 26, 2001 - Telelogic (Stockholm Exchange: TLOG), the leading global provider of solutions for advanced software and systems development, today announced that it has signed a corporate agreement with the Saab Group. The global agreement covers all daughter companies within the Saab Group and regulates general conditions for these companies future procurement of Telelogic's solutions. The mutual intentions are to increase the information about, and the use of Telelogic's tools and services at the Saab Group's daughter companies. The corporate agreement is signed for one year with an option to prolong and comprises Telelogic's total offering of tools and services aimed at improving the customer's software development processes. "This is more evidence of the increased interest we have noticed from the aerospace and defense industry lately. As our customer's projects are becoming more complex and extensive with more partners involved in each project, there is an increased requirement for an efficient development process of software and systems. Within the aerospace and defense industry we see this in the need for advanced requirements management, an area where the market leading tool Telelogic DOORS has long held a very strong position in both the US and UK," says Anders Lidbeck, President and CEO for Telelogic. "This corporate agreement is our first major step into the Saab Group. Even if the agreement does not specify any specific volumes, we have already identified a number of very interesting and concrete projects where our tools can offer a substantial value added in terms of a more efficient process for development of software and systems. Given Saab's leading position in the aerospace and defense sector in Europe we hope that this agreement will strengthen our presence in this segment going forward," says Bo Emanuelsson, President Market Division Nordic for Telelogic. About Telelogic's offering Telelogic's solutions for development of advanced software are especially adapted for development of large, advanced and complex systems in which the project teams often are geographically dispersed. Telelogic offers three main product families, Telelogic DOORS - includes solutions for compiling, structuring, handling and following-up specifications and standards. Telelogic Tau - gives the client visual solutions for analysis, design, implementation and testing, which ensures a cost-effective, and faster development process. Telelogic Synergy - offers advanced support for management of changes, different versions of source code and other documents belonging to the developed software. For more information please refer to: www.telelogic.com or the below contacts: Anders Lidbeck, Catharina Sundelin, CEO and President VP Corporate Communications 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: anders.lidbeck@telelogic.com catharina.sundelin@telelogic.com About Telelogic Founded in 1983, Telelogic® (www.telelogic.com) is the leading global provider of solutions for advanced software and systems development. The company's automated application lifecycle solution includes integrated best-in-class software and professional services for requirements management, change and configuration management, development, testing, and documentation. Telelogic enables organizations to improve quality and predictability, while reducing time-to-market and overall costs in software and systems development. 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 create future communication technologies and visual software development languages. Headquartered in Malmö, Sweden the company has more than 1,000 employees worldwide. Customers include Airbus, Alcatel, BMW, Boeing, BT, DaimlerChrysler, Deutsche Bank, Ericsson, Lockheed Martin, Lucent Technologies, Motorola, NEC, Nokia, Philips and Siemens. ### Telelogic, Telelogic DOORS, Telelogic Tau and Telelogic Synergy are the registered trademarks of Telelogic AB. All other trademarks are the properties of respective holders. ------------------------------------------------------------ This information was brought to you by Waymaker http://www.waymaker.net The following files are available for download: http://www.waymaker.net/bitonline/2001/11/26/20011126BIT00550/bit0002.doc http://www.waymaker.net/bitonline/2001/11/26/20011126BIT00550/bit0002.pdf