Telelogics new issue fully subscribed
Telelogics new issue fully subscribed MALMö, Sweden - September 13, 2001 - Telelogic (Stockholm Exchange:TLOG), the world-leading provider of solutions for advanced software and systems development, today announced that its new issue of shares and convertible debentures with preferential rights has been fully subscribed. The subscription period for the new issue ended on September 11, 2001. According to preliminary figures at least 97% of the new issue has been subscribed with preferential rights. A guarantee consortium, consisting of certain Telelogic shareholders - Kjell Spångberg, Ratos AB, Metroland BV, Lars Ahlman and Anders Lidbeck, CEO of Telelogic - have in accordance with their guarantee undertaking subscribed for the final part of the new issue so that 100% subscription has been reached. Telelogic has thereby raised SEK 250 million, before deduction of issue costs. "We are grateful for the confidence in Telelogic expressed by our shareholders. Telelogic is a very strong company and we can now move forward and develop the company further also backed by a strong financial position", says Anders Lidbeck, President and CEO for Telelogic. "But our thoughts today are also with our employees, our partners and their families in the USA. All Telelogic employees are reported safe, but what has happened is a genuine tragedy for all of us." The newly issued shares are expected to be listed at the Stockholm Exchange from October 3, 2001. Further information regarding the new issue will be given after the final result of the subscription has been established. Enskilda Securities is the financial advisor to Telelogic in connection with the new issue. About Telelogic (Stockholm Exchange/TLOG) Founded in 1983, Telelogic (www.telelogic.com) is a leading global provider of solutions for advanced software and systems development. The company's integrated solution includes best-of-class software and professional services for requirements management, change and configuration management, analysis, design, implementation, testing, and automated 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. Headquartered in Malmö, Sweden the company has more than 1,000 employees worldwide. Customers include Airbus, Alcatel, BMW, Boeing, British Telecom, DaimlerChrysler, Deutsche Bank, Ericsson, Lockheed Martin, Lucent Technologies, Motorola, NEC, Nokia, Philips and Siemens. ### Telelogic is a trademark of Telelogic. DOORS is a registered trademark of Telelogic. All other names or product names 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: anders.lidbeck@telelogic.com catharina.sundelin@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/2001/09/13/20010913BIT00620/bit0002.doc http://www.waymaker.net/bitonline/2001/09/13/20010913BIT00620/bit0002.pdf