Contact Information: CONTACTS: Investor Relations Jay Pfeiffer Pfeiffer High Investor Relations, Inc. 303.393.7044 Press Relations Sarah Hurp Marketing Manager Evolving Systems +44 1225 478060
Evolving Systems Continues Its Expansion in Africa With the Addition of Three New Operators
Agreements Cover Three Additional Deployments Across East & West Africa
| Source: EVOLVING SYSTEMS
ENGLEWOOD, CO--(Marketwire - October 2, 2008) - Evolving Systems, Inc. (NASDAQ : EVOL ), a
leading provider of software solutions and services to the wireless,
wireline and IP carrier market, today announced that one of its global
wireless customers will expand the deployment of its Tertio™ Service
Activation solution across an additional three operating companies in
Africa.
Tertio Service Activation is a proven solution that easily and
cost-effectively provisions each operator's service offerings across a
multi-vendor, multi-technology network infrastructure including IP and 3G
services.
Evolving Systems will supply end-to-end delivery and support of the
implementations. Once in production, Tertio will provide a single
convergent service activation platform that enables the provisioning of
advanced services, including prepaid and post-paid voice, voice-mail, MMS
and other advanced services on the carrier's GSM networks.
"This global carrier continues to experience tremendous growth in the
Asian, Latin American and African wireless markets," said Thad Dupper,
president and CEO of Evolving Systems. "Building on the success of the
initial seven country selection in 2007 and earlier this year, we are
pleased to announce the expansion of our Tertio solution into an additional
three operating companies. This takes our operations within the group to
ten properties and increases our footprint in Africa to eight countries
across three separate operators. This clearly illustrates Evolving
Systems' leadership position in this high growth market."
About Tertio
Evolving Systems' Tertio Service Activation solution enables operators to
replace legacy and custom-built service activation solutions with a
solution that can be cheaper and easier to operate. The solution helps
operators manage growth by reducing the time to activate services,
decreasing the number of errors and lowering the cost of operations. The
Tertio solution, which supports Linux as well as various commercial UNIX®
products, offers operators a cost-effective and scalable choice of hardware
architectures. It also provides graphical tools to enable rapid service
modeling, service assembly and service integration to speed up service
rollout and make it simpler for carriers to use their own staff to maintain
and enhance the system.
About Evolving Systems
Evolving Systems, Inc. (NASDAQ : EVOL ) is a provider of software and
services to more than 70 network operators in over 40 countries worldwide.
Its portfolio includes market-leading products for Service Activation,
Service Verification, Process Management, Dynamic SIM Allocation, Number
Portability, Number Inventory and Mediation solutions. Founded in 1985,
the Company has headquarters in Englewood, Colorado, with offices in the
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 contracts described in this press release and the ability of Evolving
Systems' solutions to handle future needs of the customers described in
this press release, or 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 13, 2008, as
well as subsequently filed Forms 10-Q, 8-K and press releases and the
Company's website at www.evolving.com.
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