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Evolving Systems CEO Thad Dupper Marks Company's 25th Anniversary by Ringing the NASDAQ Stock Market Closing Bell

^{Published on 2010-06-07 05:00:20 - Market Wire}
 

ENGLEWOOD, CO--(Marketwire - June 7, 2010) - Evolving Systems, Inc. (NASDAQ: [ EVOL ]), a leading provider of software solutions and services to the wireless, wireline and cable markets, today announced that Chairman and CEO Thad Dupper will visit the NASDAQ MarketSite in New York City's Times Square on Monday, June 7, 2010, and preside over the NASDAQ Stock Market Closing Bell.

The event coincides with Evolving Systems' celebration of its 25^th anniversary. A live webcast of the NASDAQ Closing Bell event will take place from 3:50 p.m. to 4:05 p.m. Eastern Time at [ http://www.nasdaq.com/about/marketsitetowervideo.asx ]

"We are delighted to preside over the NASDAQ Closing Bell as part of our 25^th anniversary celebration," said Dupper. "Over the past 25 years we have evolved from a small start-up to a global company supporting more than 70 network operators in over 40 countries. Along the way, the technologies we've pioneered have helped many of the world's leading carriers enhance their service offerings and reduce their operating costs. In recent months we have reported our strongest year-end and first quarter results as a global company, and our diverse software portfolio, highlighted by our new Dynamic SIM Allocation™ solution, positions us to extend our success well into the future. I want to take this opportunity to thank our many loyal customers, shareholders and staff members around the world who have contributed to our success. We are looking forward to another 25 years with confidence and commitment."

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 at [ www.evolving.com ].

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 growth and future profitability, future business success, the Company's continued ability to drive technical innovation and post quarterly or annual results that are similar to those described in this press release and the impact of new products and accounts on the Company's business are forward-looking statements. 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, 2010, as well as subsequently filed Forms 10-Q, 8-K and press releases.