Telelogic Signs 630,000 EUR Contract Extension Agreement with Global Security Company


Telelogic Signs 630,000 EUR Contract Extension Agreement with  Global Security
Company

MALMÖ, Sweden and IRVINE, California - 1 August 2007 - Telelogic (Nordic
Exchange/MidCap/TLOG), today announced that it has signed a contract extension
agreement worth 630,000 EUR for license, maintenance and services with a global
security company. 

The company having selected Telelogic as preferred vendor of software solutions,
gained  significant development, quality, productivity and business stability
improvements through the existing agreement and will extend it to run for a
further four years with additional licenses of Telelogic Tau®,  Telelogic SDL
Suite™ and Telelogic DOORS® 
“World leading security companies need to adhere to the highest safety and
reliability standards while complexity and productivity needs get even greater.
Telelogic has once again been selected as the only company capable of delivering
against these demanding requirements”. said Anders Lidbeck, president and CEO of
Telelogic. “The customer decision to extend the contract and increase their
adoption of Telelogic's solutions is further endorsement of our business and
technology leadership” 


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
+46 705 17 47 30

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