Telelogic Signs Corporate Agreement with Ericsson


MALMO, Sweden, April 16, 2002 (PRIMEZONE) -- Telelogic (Stockholm Exchange:TLOG), the leading global provider of solutions for advanced systems and software development, today announced that it has extended its comprehensive Corporate Agreement with Ericsson concerning the supply of its world class software development tools world wide. The parties view this agreement as an important part of the close cooperation between the two companies and gives Ericsson's community of software engineers full access to the whole range of Telelogic software tools.

"This agreement significantly confirms and builds upon Telelogic's position as a strategic supplier to Ericsson. Ericsson has been a long-term, major customer for Telelogic and we are pleased to have been able to put in place this new business model for the use of our tools throughout the Ericsson business," said Bo Emanuelsson, President Market Division Nordic for Telelogic.

The products have been packaged in a more flexible way that better suit Ericsson's engineers in the development process. This has been made possible through the close relationship between Ericsson and Telelogic.

About Telelogic

Founded in 1983, Telelogic(r) (www.telelogic.com) is the leading global provider of solutions for advanced systems and software 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 systems and software 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 Malmo, 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, and Telelogic Tau are the registered trademarks of Telelogic AB. Telelogic Synergy is a trademark of Telelogic AB. All other trademarks are the properties of respective holders.

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