U.S. Markets closed

Wall Street Transcript Interview with Thad Dupper, the Chairman, President and CEO of Evolving Systems, Inc. (EVOL)

67 WALL STREET, New York - October 7, 2013 - The Wall Street Transcript has just published its Semiconductors Report offering a timely review of the sector to serious investors and industry executives. This special feature contains expert industry commentary through in-depth interviews with public company CEOs and Equity Analysts. The full issue is available by calling (212) 952-7433 or via The Wall Street Transcript Online.

Topics covered: Cloud Computing - Mobile Device Consumer Demand - Enterprise Data Storage Demand - Energy Efficiency, Cloud Computing and Telecommunications

Companies include: Evolving Systems Inc. (EVOL) and many more.

In the following excerpt from the Semiconductors Report, the Chairman, President and CEO of Evolving Systems, Inc. (EVOL) discusses company strategy and the outlook for this vital industry:

TWST: Who are your current customers, and who are your target customers?

Mr. Dupper: Today our customer base is a combination of tier-I carriers around the world. Carriers like T-Mobile, Vodafone, SingTel and Telefonica are all customers. I would like to explain to the listeners that EVOL used to have U.S. customers, but as a result of selling our number portability business to NeuStar in 2011, all our U.S. customers such as Verizon, AT&T and Sprint went with that divestiture.

TWST: You recently won accounts in Argentina and Africa. Can you tell us a bit about those? Which other geographic markets are you targeting, and what appeals to you about those markets?

Mr. Dupper: Our DSA product is very well-suited for the prepaid markets, which is the dominant pay plan used outside the United States. As a result, as you cited, we just recently closed an order for DSA in Argentina with a Telefonica property. The other recent win was with a large group that had a presence in Africa. Africa is also a predominantly prepaid market. In those markets shelf space with the retailer is very important, so carriers try to distribute as many SIM cards as they can to command the attention of subscribers. One of their goals is to put as many SIMs in the market with their SIMs as they can, and DSA allows them to do that without the typical logistic headaches and costs associated with managing their SIM inventory. This is another attractive feature of DSA.

TWST: Your first half operating income was up 42% compared to the first half of last year. What are the factors driving that growth?

For more of this interview and many others visit the Wall Street Transcript - a unique service for investors and industry researchers - providing fresh commentary and insight through verbatim interviews with CEOs, portfolio managers and research analysts. This special issue is available by calling (212) 952-7433 or via The Wall Street Transcript Online.