SOURCE: EVOLVING SYSTEMS

Evolving Systems

June 14, 2016 07:00 ET

Evolving Systems Appoints Chris Couch as Senior Vice President, Sales and Business Development to Accelerate Managed Services Strategy

ENGLEWOOD, CO--(Marketwired - Jun 14, 2016) - Evolving Systems, Inc. (NASDAQ: EVOL), a leader in real-time activation, analytics and marketing for connected mobile devices worldwide, today announced that Chris Couch has been appointed as Senior Vice President, Sales and Business Development.

Couch has over 25 years of experience in the Telecoms OSS/BSS world. He was co-founder and COO at Transverse, a SaaS billing and revenue management software company, and also SVP/CMO at Ace*Comm, a billing and mediation company where he managed strategic partnerships with major equipment vendors and systems integrators, including Alcatel Lucent and Cisco.

His career also includes past roles at both Evolving Systems and Rate Integration (Sixth Sense Media), and he is familiar with the merged company's portfolio of services and solutions.

"We are migrating our business model from licensing, installing and supporting software systems," said Thomas Thekkethala, President and CEO of Evolving Systems. "Managed Services from Evolving Systems will integrate our industry experience and expertise to help our customers drive incremental revenue and grow market share. Chris' vast industry experience and expertise will help deliver and drive this message to our global customers and partners."

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About Evolving Systems®
Evolving Systems, Inc. (NASDAQ: EVOL) is a provider of software and services to 75 network operators in over 50 countries worldwide. The Company's portfolio includes market-leading subscriber service, SIM card and mobile broadband activation of connected devices and real-time analytics and marketing solutions to monetize mobile network services and consumer behavior. Founded in 1985, the Company has headquarters in Englewood, Colorado, with offices in the United States, United Kingdom, India, Malaysia and Romania. For more information please visit www.evolving.com or follow us on Twitter http://twitter.com/EvolvingSystems

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, statements about migration of the Company's business model to managed services and the Company's ability to help customers drive incremental revenue and grow market share 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. For a more extensive discussion of Evolving Systems' business, please refer to the Company's Form 10-K filed with the U.S. SEC, as well as subsequently filed Forms 10-Q, 8-K and press releases and the Company's websites.

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