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Evolving Systems Introduces New SaaS-Enabled Dynamic SIM Allocation(TM) Solution

Delivers Key Benefits of DSA in the Cloud to Rapidly Streamline SIM Supply Chain and Provide Distribution Flexibility for Wireless Operators

ENGLEWOOD, CO--(Marketwired - Mar 19, 2014) - Evolving Systems, Inc. (NASDAQ: EVOL), a leader in activation, enablement and management of services for connected mobile devices worldwide, today announced the launch of SaaS DSA, a new cloud-based version of its industry leading Dynamic SIM Allocation solution.

By introducing Dynamic SIM Allocation™ (DSA) in 2008, Evolving Systems offered a much-improved alternative to established SIM distribution and activation practices. Since then DSA has been chosen by wireless operators across Asia, Europe, Africa, and Central and Latin America, to become the new standard for activating SIM cards.

SaaS DSA eliminates the unnecessary costs operators incur by having to pre-provision SIM cards in the market, ensures that SIM cards are no longer constrained by MSISDN availability and improves SIM stock mobility. Yet, it provides these essential DSA benefits as a hosted service, minimizing the initial effort and expense operators incur in getting the service up and running, shortening the time to market of the new service, and ensuring the operator can begin enjoying the benefits of DSA in a matter of weeks.

SaaS DSA enables operators of all sizes to capitalize on the benefits of DSA with a pre-defined core offering for rapid deployment.

"Over the past six years, our DSA solution has enabled wireless operators the world over to cut the costs of provisioning SIM cards and improve efficiency in resource utilization, while driving more effective marketing campaigns, engaging more closely with customers and driving up loyalty levels," said Thad Dupper, Chairman and CEO of Evolving Systems.

"With SaaS DSA we are offering these benefits as part of a hosted model using a software-as-a-service approach. This will enable operators to tap into all the advantages of dynamic provisioning quickly and easily, with minimal upfront capital investment," Dupper added.

Evolving Systems has extensive experience with cloud-based offerings having delivered SaaS-based data enablement solutions to North American Tier 1 carriers and wholesale (MVNO) service providers. The SaaS DSA solution will be hosted at data centers around the world, ensuring high availability for all customers.

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 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.

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