SOURCE: EVOLVING SYSTEMS

Evolving Systems

September 12, 2016 07:00 ET

Evolving Systems Selected to Accelerate Customer Acquisition and Optimize Retail Channels for Major Middle East Mobile Carrier

Flagship Operator in Leading Middle East and Africa Group Selects Company's Customer Acquisition, Customer Activation and Dealer Optimization Solutions

ENGLEWOOD, CO--(Marketwired - Sep 12, 2016) - Evolving Systems, Inc. (NASDAQ: EVOL), a leader in real-time activation, analytics and marketing for connected mobile devices worldwide, today announced a new customer order to supply solutions supporting customer acquisition and activation, including optimization of retailer activities.

The Evolving Systems Customer Acquisition and Activation solutions are empowering carriers in the emerging markets to add tens of thousands of new customers per day. The Smart Dealer Optimization solution adds new advanced features to further optimize and accelerate the sales process for SIM cards and phones through the vast dealer networks used by carriers. Retailers will for the first time be able to sell generic SIM cards and use a mobile app to authenticate users in compliance with local government regulations, offer upgraded tariff plans, select custom numbers, and upsell features and apps at the point of sale.

"We are delighted to announce this new customer for our Customer Acquisition and Activation and Smart Dealer Optimization solutions. These solutions combine to accelerate customer acquisition and activation through multiple channels, upselling customers with an improved consumer experience at the point-of-sale while lowering the cost of subscriber acquisition," said Thomas Thekkethala, Chief Executive Officer of Evolving Systems. "We are extending our footprint at a major Middle East group by delivering these industry-leading solutions to their flagship carrier. The solutions will be implemented in partnership with a global network equipment OEM who is continuing to expand their relationship with us across their global field sales operations."

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 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. These statements are based on our expectations and are naturally subject to uncertainty and changes in circumstances. Readers should not place undue reliance on these forward-looking statements, and the Company may not undertake to update these statements. Actual results could vary materially from these expectations. For a more extensive discussion of Evolving Systems' business, and important factors that could cause actual results to differ materially from those contained in the forward-looking statements, please refer to the Company's Form 10-K filed with the SEC on March 15, 2016; Forms 10-Q, 10-Q/A, 8-K and 8-K/A; press releases and the Company's website.

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