Telelogic completes the financing of the Continuus acquisition

12/29/2000 3:32 AM EST

Telelogic completes the financing
of the Continuus acquisition

MALMÖ, Sweden, December 29, 2000 - Telelogic AB (Stockholm Stock Exchange:
TLOG), the world-leading supplier of solutions for real-time software
development, configuration management and requirements management, today
announced the successful completion of the financing of the Continuus
acquisition. Lehman Brothers International (Europe) acted for Telelogic in
the execution of this transaction.

Telelogic will issue 9,200,000 new shares in early January, representing
6.3% of the fully diluted share capital. The shares will be delivered to
Lehman Brothers for transfer to investors and for return to the
shareholders that have lent shares to Lehman Brothers for this
transaction.

About Telelogic
Telelogic is established in thirteen countries under its own name, and a
further 20 countries through distributors. It leads the market in
development environments for advanced software, especially in real-time
applications. By offering high quality graphical development tools and
related services, Telelogic makes the development of software more rapid,
less labor intensive, and more reliable.

The company has a global client base, including all the top 10
communication suppliers such as Alcatel, Cisco, Ericsson, Hewlett-Packard,
Lucent, Motorola, NEC, Nokia, Nortel Networks and Siemens, as well as a
number of leading suppliers within automotive and aerospace.

The software market is moving towards more visual programming methods, and
Telelogic leads in the production of the next generation of development
tools in this area. Telelogic is well prepared to deliver rapid and
complete solutions for the complex challenges faced by the real-time
industry. For more information about Telelogic, please visit
www.telelogic.com.


Contacts:
Anders Lidbeck Catharina Sundelin
President & CEO Director of

Information &
Investor Relations

Telelogic AB Telelogic AB
Phone: +46 40-17 Phone: +46 40-17 47
47 00 30

Fax: +46 40-17 47 Fax: +46 40-17 47 47
47

E-mail: E-mail:
anders.lidbeck@tele catharina.sundelin@te
logic.com lelogic.com