SOURCE: EVOLVING SYSTEMS

Evolving Systems

June 23, 2009 08:00 ET

Second Tier 1 Asian Carrier Selects Evolving Systems' Dynamic SIM Allocation™ Solution

ENGLEWOOD, CO--(Marketwire - June 23, 2009) - Evolving Systems, Inc. (NASDAQ: EVOL)

--  Second order from Asia this quarter, fourth DSA deal in 2009
--  First operator in country to offer prepaid number selection
--  Enabling SIM supply chain rationalization, prepaid acquisition and
    retention
    

Evolving Systems, Inc. (NASDAQ: EVOL), a leading provider of software solutions and services to the wireless, wireline and cable markets, today announced that a second Southeast Asian carrier has selected the Company's Dynamic SIM Allocation™ solution to help streamline its SIM supply chain logistics, reduce operational costs and enable prepaid number selection.

Evolving Systems' Dynamic SIM Allocation solution will allow the carrier to gain greater control over its numbers and provide number selection to its prepaid customers, a key competitive differentiator and a first for the country. Instead of pre-provisioning all its SIM cards, which takes up valuable space on the carrier's network and HLRs, the carrier will be able to activate SIM cards when first switched on and used, allowing for greater flexibility in managing number ranges and significantly reducing network capacity and HLR costs. In addition, operating under a regional numbering plan with a local dealer infrastructure selling numbers to its pre-paid customers no longer becomes a barrier to improved customer experience, increased revenue generation and reduction in customer churn. The Dynamic SIM Allocation solution will allow the carrier to significantly reduce its number of SIM cards, simplifying its product offering, improving SIM supply chain flexibility, reducing SIM wastage and infrastructure costs and increasing customer acquisition and retention.

"Evolving Systems' Dynamic SIM Allocation solution will provide the carrier with new revenue streams enabling them to offer prepaid number selection and vanity numbers directly to the handset, improving both customer choice and retention," said Thad Dupper, president and CEO of Evolving Systems. "In addition, it will provide significant cost savings through rationalization of SIM card supply chain and network and HLR capacity optimization."

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, Process Management, 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.

Contact Information

  • CONTACTS:
    Investor Relations
    Jay Pfeiffer
    Pfeiffer High Investor Relations, Inc.
    +1 303 393 7044
    Email Contact

    Press Relations
    Sarah Hurp
    Marketing Manager
    Evolving Systems
    +44 1225 478060
    Email Contact