SOURCE: EVOLVING SYSTEMS

Evolving Systems

September 29, 2009 08:00 ET

Southeast African Wireless Carrier Selects Evolving Systems' Tertio™ Service Activation Solution

ENGLEWOOD, CO--(Marketwire - September 29, 2009) - Evolving Systems, Inc. (NASDAQ: EVOL), a leading provider of software solutions and services to the wireless, wireline and cable markets, today announced a Southeast African wireless operator has selected the Company's Tertio™ service activation solution to support its business growth strategy.

The operator's activation system is becoming increasingly inflexible and hard to manage, leading to the delay in some orders being processed as the operator looks to scale and grow its business. The carrier selected Evolving Systems' Tertio solution to provide a flexible next-generation service activation system capable of carrying out current and future provisioning requirements, as well as support its business growth strategy.

"We are pleased to add a new customer for our leading wireless service activation solution, Tertio," said Thad Dupper, president and CEO of Evolving Systems. "As a direct result of our focus on emerging markets, we have been very successful winning business in Africa, and this new name represents our 10th customer."

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, 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