Evolving Systems Achieves Record Highs in 2014 for Worldwide Dynamic SIM Allocation(TM) (DSA) Activations

ENGLEWOOD, CO--(Marketwired - Feb 11, 2015) - Evolving Systems, Inc. (NASDAQ: EVOL), a leader in activation, enablement and management of services for connected mobile devices, today announced that 2014 was another record-setting year for the Company's Dynamic SIM Allocation™ (DSA) solution. 

Evolving Systems' DSA customers activated over 120 million SIM cards worldwide in 2014 -- a single year record for DSA SIM activations. Regional totals included 75.8 million activations in EMEA (Europe, Middle East, Africa), 34.2 million activations in Latin America, and 10.2 million activations in Asia Pacific.

During the December 2014 holiday season alone the Company activated more than 13.6 million DSA SIM cards. This included consecutive record-breaking days of 548,000 and 588,000 activations, respectively, on December 22nd and 23rd.

"Our record performance underscores the growing pace of DSA adoption by carriers around the world and demonstrates the advanced throughput capabilities of DSA technology to sustain the high-volume traffic of activations during peak periods," said Thad Dupper, Chairman and CEO of Evolving Systems. "The fact our customers continue to expand their usage of DSA, highlighted by their increasing volumes, is the best possible endorsement we could receive. In addition, the sheer volume of DSA SIM cards activated speaks to the stability and scalability of the DSA platform. And with two additional DSA customers entering into production in early 2015, we expect DSA activation volumes to continue to increase."

Evolving Systems' industry-leading experience implementing SIM management and activation solutions at mobile operators worldwide enables operators to achieve significant improvement to their SIM card logistics and supply chain. The solution also provides increased distribution flexibility and considerable cost savings for the operator as well as an enhanced subscriber experience that includes personalization of services.

About Evolving Systems®

Evolving Systems, Inc. (NASDAQ: EVOL) is a provider of software and services to 60 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 services for connected devices. Founded in 1985, the Company has headquarters in Englewood, CO, with offices in San Francisco, CA; the United Kingdom; India; and Malaysia. For more information please visit www.evolving.com or follow us 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, statements about the impact and ability of the solution described in this press release to handle future needs of customers, and expectations that DSA SIM activations will continue to increase, 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, as well as subsequently filed Forms 10-Q, 8-K and press releases and the Company's websites.