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Telelogic sells Bluetooth PreQual to IAR Systems
URL(s): www.telelogic.com
MALMO, Sweden, Sept. 28, 2001--Telelogic (Stockholm Exchange:TLOG), the world-leading provider of solutions for
advanced software and systems development, today announced an agreement with IAR Systems, one of the world-leading software companies in
Bluetooth development. Under this agreement, IAR takes on the development of Bluetooth PreQual, Telelogic's market-leading product for testing of
the software in Bluetooth applications.
"This is an optimal solution. Telelogic will continue to offer PreQual and our expertise in this area to our key customers. We can concentrate our
development efforts to our core products and at the same time continue to generate revenue from PreQual," said Anders Lidbeck, President and CEO
for Telelogic. "This is the best solution for both our customers and employees."
"Bluetooth PreQual is a product that Telelogic has sold successfully for about a year, but it is a product that also attracts a far wider target group than
Telelogic's traditional customers. IAR will sell and market Bluetooth PreQual to customers that Telelogic does not reach today. In addition, IAR will
distribute a number of other test products that are part of Telelogic's product family," said Tomas Wolf, President and CEO for IAR Systems.
Bluetooth PreQual is a product targeted towards the growing test market for new Bluetooth applications. The product uses the same conformance
test suites as those used for the official qualification of Bluetooth products. By performing in-house pre-qualification of Bluetooth products with
Bluetooth PreQual, users will ensure first-time success in the qualification process, eliminating the risk of losing time.
The transaction price of 7 MSEK is paid in cash. Bluetooth PreQual will be part of IAR Systems from 1 October 2001.
About IAR Systems
By focusing on the embedded systems industry, IAR Systems has reached the position of leading supplier of software development tools for
embedded microcontrollers. Since the company was founded in 1983, IAR has worked in close cooperation with the world's major chip manufacturers
to develop a wide range of programming tools supporting a large number of chip architectures. The tools today consist of highly efficient C and EC++
compilers in the IAR Embedded Workbench(TM) development environment, the device driver wizard IAR MakeApp(TM) for graphical configuration
and initialization of the chip and creation of complete device drivers, the IAR visualSTATE(R) graphic programming tool with a patented technology to
generate validated and small production-ready code and tools for development of Bluetooth applications. IAR Design Services injects engineering
expertise and experience into embedded system projects. It contributes to IAR's mission to reduce the development time for embedded systems and
accelerate time-to-market. IAR Systems has offices in the US, UK, Canada, Germany, Denmark, Japan and Sweden.
More information is available at www.iar.com.
About Telelogic
Founded in 1983, Telelogic (www.telelogic.com) is the leading global provider of solutions that enable advanced software and systems development.
The company's automated application lifecycle solution includes integrated best-of-class software and professional services for requirements
management, change and configuration management, development, testing, and documentation. Telelogic enables organizations to improve quality and
predictability, while reducing time-to-market and overall costs in software development. Built on an open architecture that ensures interoperability with
other leading third party solutions, Telelogic's products are based on international standardized languages and notations. Telelogic participates in 3GPP,
Bluetooth SIG and OMG to create future communication technologies and visual software development languages and methods.
Headquartered in Malmo, Sweden the company has more than 1,000 employees worldwide. Customers include Airbus, Alcatel, BMW, Boeing,
BT, DaimlerChrysler, Deutsche Bank, Ericsson, Lockheed Martin, Lucent Technologies, Motorola, NEC, Nokia, Philips and Siemens.
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