N@N

Major Brazilian Operator Selects Evolving Systems' Dynamic SIM Allocation(TM) Solution

^{Published on 2010-06-15 05:40:45 - Market Wire}
 

ENGLEWOOD, CO--(Marketwire - June 15, 2010) - Evolving Systems, Inc. (NASDAQ: [ EVOL ])

Streamlining SIM Supply Logistics and Optimizing Number Inventory

Solution Delivered in Partnership With Leading SIM Manufacturer

Evolving Systems, Inc. (NASDAQ: [ EVOL ]), a leading provider of software solutions and services to the wireless, wireline and IP carrier market, today announced that a leading Brazilian operator has selected the Company's Dynamic SIM Allocation™ (DSA) solution to help streamline its SIM card supply chain logistics and optimize its telephone number inventory. A leading SIM manufacturer will jointly deliver the project.

Due to the operator's rapid growth, and in order to comply with number utilization regulations imposed by ANATEL, Brazil's telecommunications regulator, the operator faced an urgent need to optimize its SIM card provisioning process in a very short time frame. The operator carried out an industry-wide evaluation of solutions using functionality, flexibility and vendor experience as key selection criteria and, after a stringent RFP process, chose Evolving Systems' DSA solution.

Once in production, DSA will revolutionize the operator's SIM provisioning process, enabling it to activate SIM cards 'on-the-fly' upon first use, thereby optimizing phone number usage, streamlining SIM logistics and reducing network overhead costs. DSA will also help the operator offer a unique customer experience to its subscribers by allowing dynamic phone number selection and other value added services right to the user's handset upon first use of the network.

"We are extremely pleased with this major win achieved with our leading SIM manufacturer partner," said Thad Dupper, CEO and Chairman of Evolving Systems. "This award proves that Evolving Systems' market leading technology and experience, combined with our partner's strong local presence, are a valuable business proposition for carriers in the large and competitive Brazilian market."

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 software solution described in this press release and the ability of Evolving Systems' solutions to handle future needs of the customer described in this press release, or other 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 8, 2010, as well as subsequently filed Forms 10-Q, 8-K and press releases and the Company's website at [ www.evolving.com ].