Evolving Systems Announces a Major Enhancement to Its Dynamic SIM Allocation(TM) (DSA) Solution

ENGLEWOOD, CO--(Marketwired - Jul 10, 2014) - Evolving Systems, Inc. (NASDAQ: EVOL), a leader in activation, enablement and management of services for connected devices worldwide, today announced the latest addition to the Company's flagship Dynamic SIM Allocation™ (DSA) product.

Total Number Management™ (TNM), a major new component of DSA, offers carriers a complete SIM and number lifecycle management solution encompassing number inventory, SIM card ordering and supply, number selection, dynamic activation, and number recycling. It enables service providers to reliably and efficiently manage their entire number resource inventory.

TNM builds on the existing number selection and allocation capabilities which have proven to be a key feature of DSA and a competitive differentiator for the Company's carrier customers, enabling them to allow their subscribers to choose a number at the time of SIM card activation. DSA with TNM manages the carrier's entire number inventory, giving more choice to subscribers and also ensuring the carrier can match number availability and SIM ordering with subscriber demand.

TNM can also be implemented as a stand-alone solution. As a state-of-the-art Number Management solution, TNM includes support for all numbering-related requirements faced by carriers today including: numbers for M2M devices, regulatory reporting, MVNO enablement, number portability integration, and support for fraud management processes.

Evolving Systems will also begin offering a Number Reclamation Service to network operators that leverages the Company's number management technology and expertise. Carriers will be able to engage Evolving Systems to analyze and recover numbers from dormant SIMs, and optimize their number range utilization. This new service offering is especially key in high mobile growth markets as regulators focus on efficient management of mobile numbers and the risk of mobile number shortages resulting from increased use of connected and M2M devices.

"Number availability is quickly becoming a critical issue for network operators facing shortages created by the explosion of M2M and connected devices on their networks," said Thad Dupper, Chairman and CEO. "Evolving Systems' Total Number Management solution and Number Reclamation Service can dramatically reduce a carrier's number usage and reclaim inactive numbers making them available for reuse."

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 solutions described in this press release 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, as well as subsequently filed Forms 10-Q, 8-K and press releases and the Company's websites.