Evolving Systems' Dynamic SIM Allocation(TM) Solution Wins Fierce Innovation's 2015 BSS/OSS Award

ENGLEWOOD, CO--(Marketwired - Nov 17, 2015) - Evolving Systems, Inc. (NASDAQ: EVOL)

• Award recognizes a high level of innovation and business relevance in the Telecom Industry

Evolving Systems, Inc. (NASDAQ: EVOL), a leader in activation, enablement and real-time marketing of services for connected devices worldwide, today announced that the Company's Dynamic SIM Allocation™ (DSA) solution won the BSS/OSS award at the Fierce Innovation Awards 2015: Telecom Edition.

The award was earned for DSA's Interaction Engine, one of the solution's main differentiating components. The DSA Interaction Engine addresses one of the most critical issues wireless operators face today. Many mobile operators have large and complex dealer networks, especially those in emerging markets, which rely on 'single person micro dealers on the street' as much as traditional retail shops. The DSA Interaction Engine is specifically targeted at these micro dealers, helping them broaden their reach, access more remote areas, overcome literacy issues and provide subscribers with a more personalized activation experience.

An exclusive panel of executives from major telecommunications companies, including U.S. Cellular, Cablevision, Verizon, TeliaSonera, Comcast, Sprint, and T-Mobile, decided the awards. Awards were determined based on the following criteria: technology innovation, financial impact, market validation, compatibility with existing networks, end-user customer experience, and overall level of innovation.

"We are pleased to have been selected for this award," said Thad Dupper, Chairman and CEO of Evolving Systems. "This is just another way the industry continues to recognize that our innovative DSA solution adds value to operators and their subscribers, providing an extraordinary user experience, streamlining operations and enabling new market offerings in today's hyper-competitive markets."

For more information on Evolving Systems' products click here DSA and for the awards visit www.fierceinnovationawards.com/telecom/2015/

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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 activation products that address subscriber service activation, SIM card activation, mobile broadband activation and connected devices; mobile data enablement solutions to successfully monetize mobile data traffic; number management products that reliably and efficiently manage number resources; and real-time analytical and marketing solutions offering highly personalized interactive campaigns. 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 the impact and ability of the solution described in this press release to handle future needs of 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. 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.