SOURCE: EVOLVING SYSTEMS

Evolving Systems

August 20, 2010 08:00 ET

Carrier Expands Distribution Channel With Evolving Systems' Dynamic SIM Allocation™

ENGLEWOOD, CO--(Marketwire - August 20, 2010) -  Evolving Systems, Inc. (NASDAQ: EVOL)

  • Supporting connected devices and mobile broadband services

Evolving Systems, Inc. (NASDAQ: EVOL), a leading provider of software solutions and services to the wireless, wireline and IP carrier market, today announced that a Dynamic SIM Allocation™ (DSA) customer has extended the use of its software allowing them to expand their distribution channel.

The extension will enable the customer to distribute contract voice and both post-paid and pre-paid mobile broadband and connected devices through unassisted sales channels such as supermarkets, independent retailers and other, non-operator branded stores.

"Due to the unique way in which DSA works, new subscribers can be acquired and activated on the network through the handset device itself removing the need for point-of-sale interaction," said Thad Dupper, Chairman, CEO and President of Evolving Systems. "This not only lowers the cost to operators of acquiring new subscribers, providing flexibility to add new subscribers through an ever expanding distribution network, but also enhances the subscriber experience by enabling more choice through additional sales channels."

About Evolving Systems®
Evolving Systems, Inc. (NASDAQ: EVOL) is a provider of software and services to more than 70 network operators in over 40 countries worldwide. Its portfolio includes market-leading products for Service Activation, Service Verification, Dynamic SIM Allocation, Number Portability, Number Inventory and Mediation solutions. Founded in 1985, the Company has headquarters in Englewood, Colorado, with offices in the United Kingdom, Germany, India and Malaysia. Further information is available on the web at www.evolving.com.

CAUTIONARY STATEMENT
This news release contains "forward-looking statements" within the meaning of the United States' Private Securities Litigation Reform Act of 1995, based on current expectations, estimates and projections that are subject to risk. Specifically, Evolving Systems' statements about the impact of the software solution described in this press release and the ability of Evolving Systems' solutions to handle future needs of the customer described in this press release, or other customers, are forward-looking statements. Readers should not place undue reliance on these forward-looking statements, and Evolving Systems may not undertake to update these forward-looking statements. Actual results could differ materially because of many factors, such as internal budgeting changes of customers, the impact of competition and the general state of the telecommunications industry. For a more extensive discussion of Evolving Systems' business, please refer to the Company's Form 10-K filed with the U.S. SEC on March 8, 2010, as well as subsequently filed Forms 10-Q, 8-K and press releases and the Company's website at www.evolving.com.

Contact Information

  • Investor Relations
    Jay Pfeiffer
    Pfeiffer High Investor Relations, Inc.
    +1 303 393 7044

    Evolving Systems
    Sarah Hurp
    Marketing Manager
    +44 (0)1225 478060

    Press Relations
    Hayley Goff/Chris Harris
    The Whiteoaks Consultancy
    +44 (0)1252 727313