Contact Information: CONTACTS: Investor Relations Jay Pfeiffer Pfeiffer High Investor Relations, Inc. 303.393.7044 Press Relations Sarah Hurp Marketing Communications Manager Evolving Systems +44 1225 478060
Malaysia's Leading Telecommunications Company Selects Evolving Systems' Tertio(TM) Solution for Service Activation
First Win in the Malaysian Market
Second New Customer for the Region This Year
| Quelle: EVOLVING SYSTEMS
ENGLEWOOD, CO--(Marketwire - October 2, 2007) - Evolving Systems, Inc. (NASDAQ : EVOL ), a
leading provider of software solutions and services to the wireless,
wireline and IP carrier market, today announced that Malaysia's leading
telecommunications carrier has selected the Company's Tertio™ Service
Activation solution. Evolving Systems will be delivering the solution with
a regional partner.
The carrier selected the Company's Tertio solution to provide a single
convergent service activation layer to support its pre-paid and post-paid
fixed, mobile and broadband services. The carrier currently uses separate
provisioning systems for each of its services, with a mixture of home-grown
and legacy systems as well as manual processes. Launching new services
with multiple provisioning systems was becoming increasingly costly and
complex, particularly since not all of the systems were integrated with the
carrier's CRM platform.
After a competitive evaluation, the carrier selected Evolving Systems'
Tertio Service Activation solution, including the Tertio Service Composer,
Tertio Activation Designer and Tertio Content Connector modules.
Evolving Systems will provide the core solution technology, as well as
related technical and agent development services. The regional partner will
develop custom functionality, service logic, configuration of business
rules and provide dedicated in-country support.
"This is an exciting new customer for Evolving Systems, not only because it
is our first Malaysian customer but also because it is our second new
customer for the region in the last five months," said Thad Dupper,
president and CEO of Evolving Systems. "We are pleased to be able to
support its consolidation plans. Our Tertio solution will provide it with a
single unified activation layer supporting fixed, mobile and broadband
services. In addition, our customer is a key communications carrier in the
region with majority stakes in a number of operators. We look forward to
expanding our relationship with this customer to address opportunities with
its affiliates."
About Evolving Systems
Evolving Systems, Inc. (NASDAQ : EVOL ) is a provider of software and
services to more than 50 network operators in over 40 countries worldwide.
Its portfolio includes market-leading products for Activation, Number
Portability, Number Inventory and Mediation. Founded in 1985, the Company
has headquarters in Englewood, Colorado, with offices in the United States,
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 contract described in this press release and the ability of Evolving
Systems' solutions to handle future needs of its customers and to expand
its relationship with the customer described in this press release 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 15, 2007, as
well as subsequently filed Forms 10-Q, 8-K and press releases.