Telelogic signs long-term license agreement with large European Defense Supplier

Telelogic signs long-term license agreement with large European Defense Supplier Defense supplier continues to standardize on Telelogic DOORS® for Requirements Management across its Operations MALMÖ, Sweden - October 1st, 2002 -Telelogic (Stockholm Exchange: TLOG), the leading global provider of solutions for advanced software and systems development, today announced that it has signed a license agreement with a large European defense supplier. The agreement worth US$1.7 million over a four and half year period will give over 1000 systems and software engineers, access to Telelogic DOORS for requirements management across 2 of its divisions. The Group took the decision to standardize on a requirements management product to address their need for a business wide requirements management capability and worked closely with Telelogic for 10 months to put in place a complete product, training and consultancy package to meet their business needs. The choice of Telelogic DOORS was made after a series of internal evaluations backed up by Telelogic's proven track record within the company, Telelogic's status as the market leading vendor in the field of requirements management and because many of the company's customers and partners have already chosen DOORS as their de facto requirements management solution. "Telelogic are proud to be helping improve their business processes and look forward to working with them even closer in the future in order to meet this objective," said Anders Lidbeck, President and CEO of Telelogic." "Our knowledge of systems and software engineering was of real benefit and our past performance on similar, roll outs within similar defense and aerospace companies was of great value." Lidbeck concluded, "This significant agreement not only strengthens our long-term relationship, but paves the way for Telelogic to become an "over the shoulder" partner on some of the most complex and advanced defense projects of their kind in the world" About Telelogic DOORS Named the market leader for requirements management in latest Standish Group industry report entitled, "What are your requirements? 2000," DOORS enables users to gather, trace and manage all requirements established for a development project. This ensures that the resulting application is completed on time, within budget, and with all features and functionality originally specified. 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 900 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. Telelogic Synergy and ActiveCM are trademarks of Telelogic. All other trademarks are the properties of respective holders. Contact: Catharina Sundelin Fredrik Sjöholm Vice President Corporate Director Investor Relations Communications Phone: +46 40 174730 Phone: +46 40 650 65 22 E-mail: E-mail: catharina.sundelin@telelogic.com fredrik.sjoholm@telelogic.com ------------------------------------------------------------ This information was brought to you by Waymaker http://www.waymaker.net The following files are available for download: http://www.waymaker.net/bitonline/2002/10/01/20021001BIT00980/wkr0001.doc http://www.waymaker.net/bitonline/2002/10/01/20021001BIT00980/wkr0002.pdf