ENGLEWOOD, CO--(Marketwire - October 4, 2010) - Evolving Systems, Inc. (
Increasingly operators around the world are facing fierce competition from new services provided by wireless and cable operators. At the same time, they are preparing for an explosive wave of new classes of connected devices, such as e-readers and tablets, as well as M2M systems. With the projection that the Connected Devices market may grow upwards of 50 billion devices in the next 10 years, carriers need a proven and flexible number management and assignment system to efficiently and effectively assign new numbers to this new device class.
After a competitive evaluation, this tier-1 carrier selected Evolving Systems' NumeriTrack solution as best fit for the number management needs for today as well as tomorrow. Replacing the existing legacy system with Evolving Systems' NumeriTrack solution will expand the carrier's current capabilities by allowing more flexible, efficient regulatory reporting and more comprehensive access to number utilization and trend data across the enterprise.
"Evolving Systems has had the good fortune to have worked with this customer for over ten years, helping them address their number management and number portability needs. Today's order for our NumeriTrack solution is another step forward in our partnership as we work with this carrier to upgrade their number assignment capabilities," said Thad Dupper, Chairman and CEO of Evolving Systems. "With the arrival of the Connected Devices opportunity many carriers are beginning to question whether they will be in a position to capture this business -- and just as importantly will they have assignable numbers available to activate this upsurge in devices. Our customers recognize the flexibility and scalability that our NumeriTrack solution provides in allowing them to address these changes now and in the future."
Evolving Systems' NumeriTrack solution is now deployed across four continents supporting today's and tomorrow's number management demands.
About Evolving Systems®
Evolving Systems, Inc. (
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 software solution 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 8, 2010, 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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