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