Russian Carrier Selects Evolving Systems' Dynamic SIM Allocation(TM) (DSA) Solution

ENGLEWOOD, CO--(Marketwire - Oct 11, 2011) - Evolving Systems, Inc. (NASDAQ: EVOL), a leading provider of software solutions and services to the wireless, wireline and cable markets, today announced that a tier-1 wireless carrier in Russia is implementing the Company's Dynamic SIM Allocation™ (DSA) solution.

After a comprehensive evaluation, the carrier selected Evolving Systems' DSA solution to enable them to offer personalization of subscriber services and deliver an enhanced and differentiated user experience. At the same time, the carrier will be able to streamline their SIM card distribution processes in a complex market.

DSA will change the way prepaid subscribers are activated. At the point of first use, via the customer's handset, DSA will offer a range of personalization options including number selection, call plans, promotions and service upgrades. Offering such personalization is essential to differentiating service and attracting more subscribers.

The carrier, with its predominantly prepaid subscriber base, operates across multiple market regions and time zones. Managing the distribution of SIM cards to support this market is a major logistical task, and making the process more efficient is a key business objective.

The DSA solution will enable the carrier to introduce a universal SIM card, one that can be used across the full product range and the whole of Russia. By avoiding the constraints of pre-provisioning for specific products and with regional numbers, DSA will enable significant cost savings, simplify logistics and stock management, and allow the carrier to distribute SIM cards more efficiently in a shorter timeframe.

"The BRIC economies with their attractive growth rates have been target markets for Evolving Systems for some time," says Thad Dupper, CEO at Evolving Systems. "This significant order, from a major Russian-based carrier, is our largest DSA order in terms of order value and scope. By leveraging the features of DSA we will be able to assist this carrier to increase subscriber loyalty and extend their competitive edge by enhancing the personalization of services they offer their subscribers."

About Evolving Systems®
Evolving Systems, Inc. (NASDAQ: EVOL) is a provider of software and services to 50 network operators in over 40 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 connected devices. Founded in 1985, the Company has headquarters in Englewood, Colorado, with offices in the United Kingdom, 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 and ability of Evolving Systems' DSA solution 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 on March 8, 2011, as well as subsequently filed Forms 10-Q, 8-K and press releases and the Company's website at www.evolving.com.