Telelogic Signs 578,000 Euro Agreement with European Bank

Telelogic Signs 578,000 Euro Agreement with European Bank

MALMÖ, Sweden and IRVINE, California - June 26, 2007 - Telelogic (Nordic
Exchange/MidCap/TLOG), today announced that it has signed a license, maintenance
and services contract worth 578,000 Euros with a leading European bank. 

Following an extensive evaluation process, Telelogic Synergy™ and Telelogic
Change™ was selected as the only solutions capable of delivering against the
bank's requirement for tighter integration between change control and their new
interactive release program. The company has standardized on Synergy within its
international division, replacing a variety of change and configuration
management solutions.

“Telelogic continues to experience substantial growth within the financial
market sector. The company's selection of Synergy and Change as the only
solutions able to deliver their long term business and development goals is
further endorsement of both our strategy and products,” says Anders Lidbeck,
President and CEO of Telelogic.

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