Contact Information: CONTACTS: Investor Relations Jay Pfeiffer Pfeiffer High Investor Relations, Inc. +1 303 393 7044 Press Relations Sarah Hurp Marketing Manager Evolving Systems +44 1225 478060
European Customer Selects Evolving Systems' NumeriTrack(R) Solution for Centralized Number Management
| Source: Evolving Systems
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.