SOURCE: EVOLVING SYSTEMS

Evolving Systems

March 02, 2010 08:00 ET

Major Central American Operator Selects Evolving Systems' NumeriTrack® Solution for Number Resource Management

ENGLEWOOD, CO--(Marketwire - March 2, 2010) -  Evolving Systems, Inc. (NASDAQ: EVOL), a leading provider of software solutions and services to the wireless, wireline and cable markets, today announced that one of the leading Central American converged network operators has selected the Company's number resource management solution, NumeriTrack®, for its central number management and inventory system.

As telecommunications markets mature, operators are faced with increasingly complex numbering requirements stemming from fierce competition and regulatory changes, such as the introduction of number portability. There is now a critical mass of countries in the Central and Latin American region entering this dynamic stage, following the lead of the early adopters, Brazil and Mexico, in 2009 and 2008, respectively.

The operator's legacy numbering system has become increasingly expensive to maintain as the business continues to grow. It also lacks the flexibility needed to comply with changing business and regulatory requirements, including number utilization reporting and tracking number inventory to the individual number level to support number portability in the future. After an exhaustive evaluation of the leading solutions in the industry, the carrier selected Evolving Systems' NumeriTrack solution as the best fit.

"This award represents another win in a string of international numbering projects in recent months, and marks our continued commitment to deliver successful projects in Central America," said Steve Farnsworth, vice president of Evolving Systems' Numbering Solutions.

About Evolving Systems®
Evolving Systems, Inc. (NASDAQ: EVOL) is a provider of software and services to more than 70 network operators in over 40 countries worldwide. Its portfolio includes market-leading products for Service Activation, Service Verification, Dynamic SIM Allocation, Number Portability, Number Inventory and Mediation solutions. Founded in 1985, the Company has headquarters in Englewood, Colorado, with offices in the United Kingdom, Germany, India and Malaysia. Further information is available on the web at www.evolving.com

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, Evolving Systems' statements about the impact of the contract described in this press release and the ability of Evolving Systems' solutions to handle future needs of the customer described in this press release, or other 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 on March 11, 2009, as well as subsequently filed Forms 10-Q, 8-K and press releases and the Company's website at www.evolving.com

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