ENGLEWOOD, CO--(Marketwired - Jul 5, 2016) - Evolving Systems, Inc. (NASDAQ: EVOL), a leader in real-time activation, analytics and marketing for connected mobile devices, today announced that a wireless operator in the Middle East has renewed its Managed Services agreement to manage and operate Evolving Systems' Real-time Lifecycle Marketing™ (RLM) solution.
RLM, a leading mobile marketing solution, enables operator marketing departments to innovate, execute and manage highly-personalized and contextually-relevant interactive campaigns that engage consumers in real time.
The Managed Services agreement gives the operator access to Evolving Systems' experienced teams, who can use the RLM solution to provide insights into user behavior, design, test and launch marketing tactics that acquire, activate, upsell and retain mobile subscribers. The Managed Service also includes all operational management of the solution.
"We continue to demonstrate that we go beyond software solutions by delivering a broad range of managed services that complement our customers' own marketing initiatives and directly contribute to measurable revenue growth," said Thomas Thekkethala, Chief Executive Officer of Evolving Systems. "Managed Services also provides us the opportunity for deeper customer engagement to upsell and cross sell our other traditional and new consumer monetization solutions."
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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 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
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.