Evolving Systems Exceeds Half a Billion Dynamic SIM Allocation(TM) (DSA) Activations

ENGLEWOOD, CO--(Marketwired - Apr 14, 2016) -  Evolving Systems, Inc. (NASDAQ: EVOL), a leader in real-time activation, analytics and marketing for connected mobile devices worldwide, today announced that the Company's Dynamic SIM Allocation™ (DSA) solutions installed at operators worldwide have activated over half a billion SIM cards. 

Evolving Systems' DSA customers activated over 170 million SIM cards worldwide in 2015 -- a single year record for DSA SIM activations and a 42% increase over 2014.

"Our record performance underscores the growing pace of DSA adoption by carriers around the world and demonstrates the advanced throughput capabilities of DSA technology to sustain the high-volume traffic of activations during peak periods," said Thomas Thekkethala, President and CEO at Evolving Systems. "The fact our customers continue to expand their usage of DSA, highlighted by their increasing volumes, is the best possible endorsement we could receive. In addition, the sheer volume of DSA SIM cards activated speaks to the stability and scalability of the DSA platform."

Evolving Systems' industry-leading experience implementing SIM management and activation solutions at mobile operators worldwide enables operators to achieve significant improvement to their SIM card logistics and supply chain. The solution also provides increased distribution flexibility and considerable cost savings for the operator as well as an enhanced subscriber experience that includes personalization of services.

About Evolving Systems®
Evolving Systems, Inc. (NASDAQ: EVOL) is a provider of software and services to 75 network operators in over 50 countries worldwide. The Company's portfolio includes market-leading subscriber service, SIM card and mobile broadband activation of connected devices and real-time analytics and marketing solutions to monetize mobile network services and consumer behavior. Founded in 1985, the Company has headquarters in Englewood, Colorado, with offices in the United States, United Kingdom, India, Malaysia and Romania. 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, and expectations that DSA SIM activations will continue to increase, 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.