Changes in Telelogic's Executive Management MALMÖ, Sweden- April 3, 2008 - Telelogic's President and CEO Anders Lidbeck has informed the company's new owner IBM that he will resign from his position as President and CEO. Anders Lidbeck will continue to work within IBM focusing on integration strategy for Telelogic as part of IBM. Anders Lidbeck will continue as President and CEO of Telelogic until the Board of Directors of Telelogic have appointed his successor. 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 market-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 (40) 17 47 30
Changes in Telelogic's Executive Management
| Quelle: Telelogic AB