ENGLEWOOD, CO--(Marketwire - Dec 16, 2011) - Evolving Systems, Inc. (
Continuing through December 31, 2012, the Company intends to make purchases from time to time at prevailing market prices either in the open market or through privately negotiated transactions. The size and timing of such purchases, if any, will be based on market and business conditions as well as other factors. The Company is not obligated to purchase any shares. Purchases under the program can be discontinued at any time the Company determines additional purchases are not warranted. As of December 13, 2011, Evolving Systems had 11,127,680 shares outstanding.
About Evolving Systems®
Evolving Systems, Inc. (
CAUTIONARY STATEMENT
This news release contains "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995, based on current expectations, estimates and projections that are subject to risk. Specifically, statements about the Company's plans to repurchase shares and the value of such shares are forward-looking statements. The Company is not obligated to repurchase shares, and any purchases are subject to availability, market conditions, regulatory constraints, general economic conditions, cash flows and other factors. These statements are based on our expectations and are naturally subject to uncertainty and changes in circumstances. Readers should not place undue reliance on these forward-looking statements, and the Company may not undertake to update these statements. Actual results could vary materially from these expectations. For a more extensive discussion of Evolving Systems' business, and important factors that could cause actual results to differ materially from those contained in the forward-looking statements, please refer to the Company's Form 10-K filed with the SEC on March 8, 2011, as well as subsequently filed Forms 10-Q, 8-K and press releases.
Contact Information:
Investor Relations
Jay Pfeiffer
Pfeiffer High Investor Relations, Inc.
303.393.7044
Press Relations
Sarah Hurp
Marketing Manager
Evolving Systems
+44 1225 478060