Contact Information: CONTACTS: Investor Relations Jay Pfeiffer Pfeiffer High Investor Relations, Inc. +1 303 393 7044 Press Relations Sarah Hurp Marketing Manager Evolving Systems +44 1225 478060
Tier 1 Southeast Asian Carrier Selects Evolving Systems' Dynamic SIM Allocation(TM) Solution
Improving Number Inventory Management and Enabling Number Selection
| Source: Evolving Systems
ENGLEWOOD, CO--(Marketwire - June 16, 2009) - Evolving Systems, Inc. (NASDAQ : EVOL ), a
leading provider of software solutions and services to the wireless,
wireline and cable markets, today announced that a Southeast Asian carrier
has selected the Company's Dynamic SIM Allocation™ solution to help
streamline its SIM supply chain logistics, manage its number inventory and
enable prepaid number selection.
The carrier selected Evolving Systems' Dynamic SIM Allocation solution
after a competitive evaluation because of the solution's ability to manage
SIM cards and numbers more effectively: the number is selected and assigned
at point of sale, leaving a larger pool of available numbers for customers
to choose from. The ability to select a number with cultural or personal
significance is a feature welcomed by the carrier's pre-paid customers. In
addition, the carrier operates under a regional numbering plan and all of
its pre-paid SIM cards are currently pre-provisioned. However, with the
Dynamic SIM Allocation solution pre-provisioning is unnecessary; the
operator can distribute a single SIM card type across the whole country, so
stock can be moved to meet changes in local demand, as a regional number
will not be assigned until a card is sold. Evolving Systems' solution will
offer the additional benefit of number choice to subscribers in rural areas
where Internet coverage is limited, as the number can also be selected via
the handset, rather than a sales terminal.
"Evolving Systems' DSA solution will provide the functionality required to
help this carrier better manage its SIM and number inventory. They will now
only need one generic SIM that can be used in all of their regions," said
Thad Dupper, president and CEO of Evolving Systems. "Furthermore, they will
now be able to assign numbers at the point of sale, providing them the
ability to monetize more 'valuable' numbers."
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.