ENGLEWOOD Colo., Sept. 25, 2017 (GLOBE NEWSWIRE) -- Evolving Systems, Inc. (NASDAQ:EVOL), a leader in real-time analytics, customer acquisition and customer value management (CVM) solutions and services, today announced that its Customer Acquisition and Activation Acceleration Managed Service has been launched at the central African unit of an existing pan-African operator group customer.
Evolving’ Customer Acquisition and Activation Managed Service enables carriers to consolidate point of sale processes, combining market differentiation through subscription personalization in full compliance with critical regulatory “know your customer” (KYC) requirements. Conducted through a single, seamless process, this consolidation, together with the market differentiation provided by offering subscription personalization, leads to increased sales, enhanced customer retention and increased margins for the operator. In addition, with the ability to now deliver differentiated subscription options such as number personalization, customized product and service bundling and individualized promotions at the retailer-level, creates significant new revenue streams for channel partners who sells the carrier’s SIMs, leading to additional incremental sales revenue.
“This new contract award is especially notable as its award is the direct result of our ability to drive increased acquisitions for one of the group’s larger West African carriers, and serves as clear proof of ability to drive measurable results for our customers,” said Thomas Thekkethala, President and CEO of Evolving Systems. “While businesses often have the required data repositories necessary to drive innovative customer acquisition, they often lack the experience and ability to use contextual real-time solutions to enhance this data for relevancy which is a hallmark and key differentiator for Evolving Systems.”
Evolving Systems’ Customer Acquisition and Activation solutions are now powering major mobile operators across five continents with significant deployments in Africa, India and the United Kingdom. Carriers are utilizing Evolving’s solutions to enhance their subscriber management capabilities while accelerating their 3G and 4G customer acquisition efforts, generating tens of thousands of new customers per day.
About Evolving Systems®
Evolving Systems, Inc. (NASDAQ:EVOL) is a provider of software and services for connected mobile devices to over 90 network operators in 66 countries worldwide. The Company’s portfolio includes market-leading solutions and services for real-time analytics, customer acquisition and customer value management. Founded in 1985, the Company has its 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 at http://twitter.com/EvolvingSystems.
CAUTIONARY STATEMENT
This news release contains "forward-looking statements" within the meaning of the 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 are forward-looking statements. These statements are based on our expectations and are naturally subject to uncertainty and changes in circumstances. Readers should not place undue reliance on these forward-looking statements, and the Company may not undertake to update these statements. Actual results could vary materially from these expectations. For a more extensive discussion of Evolving Systems’ business, and important factors that could cause actual results to differ materially from those contained in the forward-looking statements, please refer to the Company’s Form 10-K filed with the SEC on March 28, 2017; Forms 10-Q, 10-Q/A, 8-K and 8‑K/A; press releases and the Company’s website.
Investor Relations
Michael Glickman
Senior Vice President, Investor Relations
GW Communications (for Evolving Systems)
Tel: (917) 397-2272
Email: mglickman@GWCco.com
Evolving Systems Marketing Department
marketing@evolving.com