SOURCE: EVOLVING SYSTEMS

Evolving Systems

March 17, 2010 07:30 ET

Evolving Systems Achieves Seven Million SIM Card Activations Through Dynamic SIM Allocation™ as Demand for Solution Grows

ENGLEWOOD, CO--(Marketwire - March 17, 2010) -

  • Currently averaging one million allocations a month
  • Customers in Asia, Africa, Europe and Latin America
  • Three customers in live production and 3 due 2010
  • Partnering with the world's leading SIM card manufacturers

Underlying its success in delivering a compelling alternative to traditional pre-provisioning, Evolving Systems, Inc. (NASDAQ: EVOL) has announced that its pioneering Dynamic SIM Allocation™ (DSA) solution has activated more than seven million SIM cards worldwide, including four million in the last four months alone.

Three of Evolving Systems' DSA customers are already in live production -- 3UK, MTN South Africa and Telefónica Móviles México. Two Southeast Asian customers are due to implement the solution in the first half of this year, with a further African operator expected to follow later in 2010.

"The dramatic growth in the number of network platforms and new communications applications over recent years has led to a rapid increase in SIM card volumes," says Jeremy Green, Mobile Practice Leader for communications analyst, Ovum. "We believe that Evolving Systems' approach addresses very real issues for the mobile industry. In particular, it offers the possibility of streamlining what has been a complex and inefficient set of processes, which have thus far survived in the mobile industry because business growth, and the value inherent in each customer, provided a cushion. The explosion of growth in emerging markets, where customers are of inherently lower monetary value, means that traditional methods of activation and provisioning are outdated. The long-expected advent of devices without user interfaces -- particularly M2M industrial and consumer devices -- will also require a change to provisioning models," he adds.

"Competition and the introduction of new connected device business models are increasing the pressure on operators," says Stuart Cochran, CTO of Evolving Systems. "The success we are achieving with DSA underlines its compelling benefits evidenced by its application to expanded retail channels and mobile broadband devices. Looking ahead, we see continued opportunities for DSA as operators strive to offer personalized and relevant services to their customers."

About Dynamic SIM Allocation
Dynamic SIM Allocation solution is a new way of activating wireless devices, which removes the inefficiencies of pre-provisioning, avoids the costs associated with large numbers of inactive SIM cards, and enables wireless carriers to offer an enhanced end-user experience. Evolving Systems' Dynamic SIM Allocation solution can help:

  • Optimize use of network database capacity
    • Provision only on first use of SIM cards
  • Improve SIM card supply flexibility
    • With improved geographic mobility of SIM cards
  • Improved MSISDN utilization
    • By provisioning numbers at first use of the SIM card
  • Increase revenue by enhancing user experience
    • Offer choice and personalization on first use

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 information described in this press release and the ability of Evolving Systems' solutions to handle future needs of the customers 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.
    303.393.7044
    Email Contact

    Evolving Systems
    Sarah Hurp
    Marketing Manager
    +44 (0)1225 478060
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    Press Relations
    Hayley Cheshire/Sharon Entwistle
    The Whiteoaks Consultancy
    +44 (0)1252 727313
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