ENGLEWOOD, CO--(Marketwire - April 30, 2009) - Evolving Systems, Inc. (
NASDAQ:
EVOL)
-- The carrier will rely on solution to support aggressive growth
strategy for pre-paid customers
-- Solution minimizes costs by improving network database utilization
-- Avoids the need for pre-provisioned SIM cards
Evolving Systems, Inc. (
NASDAQ:
EVOL), a leading provider of software
solutions and services to the wireless, wireline and cable markets, today
announced that a leading European carrier has selected the Company's
Dynamic SIM Allocation™ solution to support the carrier's aggressive
growth strategy for pre-paid customers.
Today, the carrier has a predominantly post-paid customer base but is
looking to expand its distribution channel and its pre-paid customer base.
After a competitive evaluation the carrier selected Evolving Systems'
Dynamic SIM Allocation solution to support its growth strategy. The Dynamic
SIM Allocation solution will enable significant business changes and avoid
the need for extensive network expansion, which could prove both expensive
and time-consuming. The solution will also remove the need to pre-provision
SIM cards and allow the carrier to activate them at first use.
"Evolving Systems' Dynamic SIM Allocation solution will enable the carrier
to scale its business and improve network database and SIM card
utilization. Without this change, increasing the pre-paid business would
have created large numbers of inactive, pre-provisioned SIM cards," said
Thad Dupper, president and CEO of Evolving Systems. "Evolving Systems'
Dynamic SIM Allocation solution will provide a new way to activate phones,
freeing up valuable network capacity and increasing SIM supply chain
flexibility. The carrier selected Evolving Systems based on our technically
superior solution and longstanding existing relationship, but more
importantly our commitment to deliver a high quality mission critical
solution in a timely manner."
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
About Dynamic SIM Allocation
Evolving Systems' Dynamic SIM Allocation solution enables wireless carriers
to offer the benefits and resource efficiency of provisioning at the point
of sale without increasing the demand on retailer point of sale systems or
their subscriber self-service infrastructure. SIM cards are activated when
the customer's mobile phone is first switched on and used; decisions such
as allocation of a phone number and selection of supported services are
only made at this point of first use, and any required information is
collected from the customer via their mobile device.
The Dynamic SIM Allocation solution helps carriers to:
-- Meet growing demand for SIM cards
-- Reduce SIM card distribution costs
-- Optimize MSISDN ranges and core network capacity
-- Enable number choice and service up-sell
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 this carrier and other
carriers 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 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.
303.393.7044
Press Relations
Sarah Hurp
Marketing Manager
Evolving Systems
+44 1225 478060