SOURCE: EVOLVING SYSTEMS

Evolving Systems

June 16, 2016 07:00 ET

North African Operator Upgrades Evolving Systems' Dynamic SIM Allocation™ Solution

Carrier Focuses on Accelerating and Streamlining Customer Acquisition

ENGLEWOOD, CO--(Marketwired - Jun 16, 2016) - Evolving Systems, Inc. (NASDAQ: EVOL), a leader in real-time activation, analytics and marketing for connected mobile devices worldwide, today announced that an existing carrier customer in North Africa upgraded their solution to enable more new SIM cards to be activated.

The carrier licensed Evolving Systems' Dynamic SIM Allocation™ (DSA) in the first quarter of 2016 to accelerate its subscriber acquisition processes by streamlining SIM distribution and activation, overcoming regulatory constraints and improving number utilization.

"African carriers have recently invested heavily in 4G spectrum and network build out and are looking to accelerate 4G customer acquisition and upgrades," said Thomas Thekkethala, President and CEO of Evolving Systems. "Our customers in the region are looking to upgrade their solutions to streamline their customer acquisition and upgrade processes ahead of the competition."

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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

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 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.

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