Contact Information: CONTACTS Investor Relations Jay Pfeiffer Pfeiffer High Investor Relations, Inc. 303.393.7044 Evolving Systems Sarah Hurp Marketing Manager +44 (0)1225 478060 Press Relations Hayley Cheshire/Sharon Entwistle The Whiteoaks Consultancy +44 (0)1252 727313
Evolving Systems' Dynamic SIM Allocation(TM) Solution Shortlisted for Best Technology Foresight Award
Inaugural World Vendor Awards by Total Telecom
| Source: Evolving Systems
ENGLEWOOD, CO--(Marketwire - February 4, 2010) - Evolving Systems, Inc. (NASDAQ : EVOL ), a
leading provider of software solutions and services to the wireless,
wireline and cable markets, today announced that the Company's Dynamic SIM
Allocation™ (DSA) solution has been shortlisted for the "Best Technology
Foresight" category at Total Telecom's World Vendor Awards.
The inaugural World Vendor Awards is the first of its kind, focusing purely
on the vendors who supply software and services to the telecoms industry
worldwide. Judges lead by representatives of Total Telecom magazine and
PricewaterhouseCoopers short-listed 32 leading telecom vendors in eight
categories, including Outstanding Vendor of the Year, the Clean Technology
Initiative, and Technology Foresight. The awards received more than 100
nominations with the winners to be announced at a black tie dinner in
London on May 5, 2010.
"Being shortlisted for this award is a great honor," said Stuart Cochran,
CTO of Evolving Systems. "Not only have we successfully demonstrated that
the DSA solution has very positive effects in both streamlining operations
and enabling new market propositions, but also that our innovative approach
is becoming increasingly important to providing a fantastic user experience
and customer insight in today's hyper-competitive markets. DSA has already
been selected by six of the world's leading wireless operators, with three
currently in live production."
More information can be found at www.terrapinn.com/2010/WVA/
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 product described in this press release and the ability of Evolving
Systems' solutions to handle future needs of its 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