Latin American Operator Places Significant Expansion License for Evolving Systems' Dynamic SIM Allocation(TM) Solution

ENGLEWOOD, CO--(Marketwired - Oct 9, 2014) -

• Second operator in the region to expand DSA capacity in 2014
• Reflects growing volume of DSA activations 

Evolving Systems, Inc. (NASDAQ: EVOL), a leader in activation, enablement and management of services for connected mobile devices worldwide, today announced that another of its Latin American customers has placed an order for significant capacity expansion of its Dynamic SIM Allocation™ (DSA) solution, continuing its investment and support for growing activation volumes.

Part of a large global telecommunications group, this leading Latin American operator has been a long-standing customer of Evolving Systems for more than seven years. Due to recent DSA upgrades that included support for Long Term Evolution (LTE) and Mobile Virtual Network Operator (MVNO) services, activation volumes processed through the DSA solution have increased exponentially, driving the need for more system capacity.

"DSA is an integral part of this operator's customer acquisition experience, responsible for activating 100% of its prepaid subscribers which average over 30,000 activations a month," said Thad Dupper, Chairman and CEO of Evolving Systems. "We are pleased to assist our customer achieve their growth objectives by ensuring their retail outlets always have access to a flexible SIM card inventory. This license expansion, their second, is another data point of the positive impact DSA has on their business."

DSA activates SIM cards on-demand and helps operators grow their revenue while also achieving material cost savings. With DSA, subscribers receive an enhanced activation experience, allowing them to personalize their service by choosing their phone number and tariff plan directly on the device via an interactive menu in their choice of language. Additionally, DSA's flexible promotions engine capability provides operators with the ability to offer subscriber specific promotions based on their location and device type, further enhancing each customer's experience. Click here for more information.

About Evolving Systems®
Evolving Systems, Inc. (NASDAQ: EVOL) is a provider of software and services to over 60 network operators in more than 40 countries worldwide. The Company's product portfolio includes market-leading activation products that address subscriber service activation, SIM card activation, mobile broadband activation as well as the activation of services for connected devices. Founded in 1985, the Company has headquarters in Englewood, CO with offices in the United Kingdom, India and Malaysia. 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 solutions 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. 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, as well as subsequently filed Forms 10-Q, 8-K and press releases and the Company's websites.