SOURCE: EVOLVING SYSTEMS

Evolving Systems

September 09, 2009 12:40 ET

European Customer Selects Evolving Systems' NumeriTrack® Solution for Centralized Number Management

ENGLEWOOD, CO--(Marketwire - September 9, 2009) - Evolving Systems, Inc. (NASDAQ: EVOL), a leading provider of software solutions and services to the wireless, wireline and cable markets, today announced one of its European customers has selected the Company's resource management solution, NumeriTrack®, to replace an incumbent legacy system.

The legacy system has become increasingly inflexible and expensive to maintain over time as business and regulatory requirements have grown. Replacing the system with Evolving Systems' NumeriTrack solution will allow the customer to enjoy the business benefits of superior resource management on a cost-effective computing platform. NumeriTrack provides an open, centralized number management system with the flexibility and scalability necessary to enable the carrier to store, assign, track and manage its entire mobile number inventory.

"This European carrier is looking to use Evolving Systems' NumeriTrack solution to better manage their number-related inventory and to ensure that they also have numbers available to meet their customers' demand, which in this environment is becoming increasingly difficult to predict," said Thad Dupper, President and CEO of Evolving Systems. "From a market perspective, we continue to see strong interest in our international NumeriTrack solution, with this being our third new contract in 2009."

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, Process Management, 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 contract 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 11, 2009, as well as subsequently filed Forms 10-Q, 8-K and press releases and the Company's website at www.evolving.com.

Contact Information

  • CONTACTS:

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

    Press Relations
    Sarah Hurp
    Marketing Manager
    Evolving Systems
    +44 1225 478060
    Email Contact