ENGLEWOOD, CO--(Marketwired - Sep 4, 2014) -
- Placing a Significant First Use Activation (FUA) License Order
- Extending Its Capacity to Support Growing Activation Volumes
Evolving Systems, Inc. (NASDAQ: EVOL), a leader in activation, enablement and management of services for connected mobile devices worldwide, today announced that one of Latin America's largest wireless operators has placed a significant First Use Activation (FUA) license order to expand its Dynamic SIM Allocation™ (DSA) solution, continuing its investment and support for growing activation volumes.
Since implementing DSA, this Latin American operator has responded to regulator demands to optimize telephone number inventory and leveraged the important business benefits provided by the solution. The operator has streamlined its SIM logistics, improved SIM supply chain complexities and been able to offer end-users a differentiated activation experience, helping to build customer loyalty, reduce churn and provide valuable insight into how well its SIM cards and services are selling.
"We are very pleased that our customer, a long-standing user of our DSA solution, is continuing to see their DSA volumes increase and, therefore, has elected to expand their license," said Thad Dupper, Chairman and CEO of Evolving Systems. "DSA's capability has allowed this customer to address all their connected device needs via a single SIM type providing a significant savings by dramatically simplifying their SIM logistics and reducing their associated costs. This license expansion, their second to date, affirms their growing usage of the system and 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 65 network operators in more than 45 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
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.