Telelogic signs extended license agreement with leading Nordic telecom vendor

Telelogic signs extended license agreement with leadingNordic telecom vendor - Customer extends time-based license agreement for Telelogic Tau development tools for visual software development and testing - MALMÖ, Sweden - December 10, 2002 - Telelogic (Stockholm Exchange: TLOG), the leading global provider of solutions for advanced systems and software development, today announced that it has signed a license agreement with a leading Nordic telecom vendor for its Telelogic Tau product family. Worth 643,000 Euro, the agreement is an extension of the current time-based license agreement and gives the customer access to licenses for a broad set of Telelogic Tau development and test tools during 2003, including the recently launched Tau/Developer and Tau/Tester. Telelogic Tau/Developer was launched in October this year and represents Telelogic's new generation of development tools, based on the upcoming UML 2.0 standard for visual modeling, design and implementation. Together with Tau/Tester, launched in May this year, the new product generation offers an integrated, multi-user visual tool solution that supports and accelerates the entire application development lifecycle - all within the same state-of-the-art, productivity-enhancing development environment. "In these cost-cutting times for the telecom industry it is encouraging to see major players continuing to invest in, and even significantly increase their use of our tools to enhance their productivity when developing today's complex systems and software," said Anders Lidbeck, President and CEO for Telelogic. "While many of our telecom customers are using the traditional Tau products for existing projects it is very positive to see our newly presented Tau/Developer and Tau/Tester products being introduced with this important customer this soon after the launch." Contacts Catharina Sundelin, Fredrik Sjöholm, VP Corporate Communications Director Investor Relations Telelogic AB Telelogic AB Phone: +46 40 17 47 30 Phone: +46 40 650 65 22 catharina.sundelin@telelogic.com fredrik.sjoholm@telelogic.com About Telelogic Founded in 1983, Telelogic® is the leading global provider of solutions for advanced systems and software development. The company's integrated best-in-class software tools, supported by professional services, enable companies to automate their entire development lifecycle, resulting in improved quality and predictability with reduced time-to-market and overall costs. To ensure interoperability with third-party tools, Telelogic's products are built on an open architecture and standardized languages. As an industry leader and technology visionary, Telelogic is actively involved in shaping the future of advanced systems and software development by participating in industry organizations like 3GPP, ETSI, INCOSE, ITU-T, MOST, OMG and others. Headquartered in Malmö, Sweden with U.S. headquarters in Irvine, California, Telelogic has more than 800 employees worldwide. Customers include Alcatel, BAE SYSTEMS, BMW, Boeing, DaimlerChrysler, Deutsche Bank, Ericsson, General Motors, Lockheed Martin, Motorola, NEC, Nokia, Philips, Siemens and Thales. For more information, please visit www.telelogic.com Telelogic, Telelogic DOORS, Telelogic Tau and Telelogic DocExpress are the registered trademarks of Telelogic AB. Tau/Developer, Tau/Architect, and Tau/Tester are trademarks of Telelogic AB. All other trademarks are the properties of their 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/2002/12/10/20021210BIT00090/wkr0001.doc http://www.waymaker.net/bitonline/2002/12/10/20021210BIT00090/wkr0002.pdf