Telelogic Signs 1,396,000 Euro Contract with Comply Serve Ltd


Telelogic Signs 1,396,000 Euro Contract with Comply Serve Ltd

MALMÖ, Sweden and IRVINE, California - 25 June 2007 - Telelogic (Nordic
Exchange/MidCap/TLOG), today announced that it has signed a five year license
and maintenance agreement worth 1,396,000 Euro with Comply Serve Ltd an European
based provider of web based project and product compliance solutions that
utilize the Telelogic requirements management software product DOORS®.

The agreement cements a relationship that started back in 2005 and in an area of
business that is being revolutionized by the way the Internet can be used to
bring the supply chain together. Chris Rolison, CEO Comply Serve Ltd said, “This
agreement is a significant milestone in a partnership that has a very exciting
future. DOORS was selected as the requirements management solution capable of
delivering against the exacting demands our clients face in attaining and
maintaining compliance in an increasingly regulated environment and where the
costs of non-compliance and project failure are significant.”

”We are delighted that Comply Serve has selected Telelogic as the only vendor
capable of providing a solution that supports the challenges faced by their
clients in achieving regulatory compliance,” said Anders Lidbeck, President and
CEO of Telelogic.

About Comply Serve
Comply Serve Ltd is a provider of unique, web-based project and product
compliance solutions to clients operating in highly regulated industries. Comply
Serve's business focus is in markets where there is a need to address complex
compliance and assurance goals on high risk, high value programmes of work
ranging from transport and construction to pharmaceutical and utilities. Comply
Serve solutions enable projects, often for the first time, to manage complex
project and product compliance needs throughout the supply chain, delivering
significant time, quality and financial advantages. A Comply Serve subscription
includes access to compliance software which can be easily and cost-effectively
deployed throughout the supply chain using Software as a Service (SaaS) delivery
model. www.complyserve.com

About Telelogic
Telelogic is the leading global provider of software solutions for Enterprise
Lifecycle Management (ELM). Award-winning Telelogic software helps customers
design, develop, and deliver the world's most advanced and innovative products,
systems, and software more efficiently by aligning and optimizing development
lifecycles and business processes with business objectives and customer needs.
Telelogic helps customers improve quality and predictability while reducing
time-to-market and overall costs. Headquartered in Malmö, Sweden with U.S
headquarters in Irvine, California, Telelogic conducts business in more than 40
countries. More than one third of the Fortune Global 500 companies use Telelogic
software including marketing-leading aero/defense, automotive, financial
services, software/electronic and telecommunications companies and governments
worldwide. For more information, see www.telelogic.com. 

Corporate Communications Contact:
Catharina Paulcén
EVP Corporate Communications
Phone: +46 (40) 17 47 30

Anhänge

06252068.pdf