Evolving Systems Granted Fourth Patent for Dynamic SIM Allocation(TM) Solution

ENGLEWOOD, CO--(Marketwired - Oct 21, 2013) -

• Addresses challenges posed by growing numbers of M2M devices connected over mobile networks

Evolving Systems, Inc. (NASDAQ: EVOL), a leading provider of strategic solutions to telecom operators worldwide, today announced that it has been granted a further US patent for its Dynamic SIM Allocation™ (DSA) solution.

"This is the fourth patent Evolving Systems has been granted for our DSA technology," said Bill Chard, VP Product Management. "We are expanding the capabilities and relevance of DSA, and these patents reflect the evolution of our solution."

DSA enables just-in-time provisioning of SIM cards, activating them only when they are first used in the network and eliminating the unnecessary costs incurred when pre-provisioning. This latest patent covers the use of DSA to grant repeated, temporary connections to classes of devices used in machine-to-machine (M2M) applications, recycling resources such as telephone numbers or MSISDNs.

Jeremy Green, Principal Analyst at Ovum, commented: "The volume of devices expected in M2M poses a challenge for numbering schemes. Solutions which are 'numberless,' or use alternatives such as IP addresses, present operational challenges as they prevent the use of SMS, which is used for device management, and voice, which is important in healthcare and automotive applications."

"We believe DSA offers carriers a tremendous advance in assisting mobile operators to address the approaching numbering challenge associated with the proliferation of connected devices, as well as removing a barrier to scale in the growing M2M market," said Thad Dupper, Evolving Systems' Chairman & CEO. "The patent recognizes our continued innovation in the area of mobile service activation."

About Evolving Systems®
Evolving Systems, Inc. (NASDAQ: EVOL) is a provider of software and services to 50 network operators in over 40 countries worldwide. The Company's product portfolio includes market-leading activation products that address subscriber service activation, SIM card activation, mobile broadband activation as well as the activation of connected devices. Founded in 1985, the Company has headquarters in Englewood, Colorado, with offices in the United Kingdom, India and Malaysia. Further information is available on the web at www.evolving.com or follow the Company on Twitter: http://twitter.com/EvolvingSystems.

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 and ability of Evolving Systems' DSA solution to handle future needs of 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 12, 2013, as well as subsequently filed Forms 10-Q, 8-K and press releases and the Company's website at www.evolving.com.