Evolving Systems Secures Significant Dynamic SIM Allocation(TM) System Upgrade Order
ENGLEWOOD, CO--(Marketwire - Nov 15, 2012) -
Improving the activation experience and process efficiencies
Evolving Systems, Inc. (NASDAQ: EVOL), a leading provider of strategic solutions to telecom operators worldwide, today announced that one of its well-established Latin American customers has placed a significant order to upgrade its Dynamic SIM Allocation™ (DSA) system.
DSA has been in production at this customer since early 2011 and currently activates on average 50,000 prepaid SIM cards per day. This order represents a significant extension to the existing system that will further enhance the end-user activation experience and ensure greater business efficiencies through a tighter integration with the customer's network.
In addition, DSA will now be used to activate postpaid/contract customers as well as prepaid; support non-handset devices, such as mobile broadband dongles; and provide the operator with more information on how well its SIM cards and services are selling.
"DSA allows this operator to offer its end-users a differentiated activation experience, helping to build customer loyalty and reduce churn. With our expanded solution, the operator's postpaid customers will also benefit from the DSA experience," said Thad Dupper, Chairman and CEO at Evolving Systems. "This order reaffirms the customer's commitment to Evolving Systems and to DSA as a strategic platform."
About Evolving Systems®
Evolving Systems, Inc. (NASDAQ: EVOL) is a provider of software and services to 50 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 connected devices. Founded in 1985, the Company has headquarters in Englewood, Colorado, with offices in the United Kingdom, 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 and ability of Evolving Systems' DSA solution to handle future needs of the customer mentioned in this press release and 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 30, 2012, as well as subsequently filed Forms 10-Q, 8-K and press releases and the Company's website at www.evolving.com.
