ENGLEWOOD, CO — (Marketwired) — 10/02/13 — Evolving Systems, Inc. (NASDAQ: EVOL)
Streamlining SIM supply chain and overcoming logistical challenges
Improving customer experience with increased choice
Evolving Systems, Inc. (NASDAQ: EVOL), a leading provider of strategic solutions to telecom operators worldwide, today announced that one of the leading mobile operators in India, and a member of a large global telecom group, has selected the Company-s (DSA) solution.
Evolving Systems- DSA solution is ideally suited to addressing the logistical challenges faced by Indian mobile operators. The structure of the India mobile telecom market, which is based on 23 geographic -circles,- currently requires operators to forecast demand for different SIM types in each circle. An operator implementing DSA will be able to use a single, generic SIM card in all circles, provisioned with circle-specific attributes at the point of first use. This greatly simplifies the SIM supply chain by allowing the SIM stock to be easily moved between circles based on demand and market conditions.
DSA will also increase customer choice, enabling each customer to choose a number from a much wider range of numbers stored in the DSA database instead of the choice being restricted by the physical SIM stock held at a specific retailer. The process of choosing a number can be performed by the customer on their handset, or by the retailer using a DSA application on their device with the generic SIM then provisioned with the number selected.
This specific order is the Company-s second order under a recently announced group pricing arrangement.
“We-re pleased to announce our first DSA win in India, a key market for Evolving Systems,” commented Thad Dupper, Chairman and CEO. “Our DSA solution will enable this carrier to greatly reduce the overhead associated with ordering, managing and activating their SIM inventory as well as allow the carrier to respond to market dynamics without having to change out their SIM cards already in the retail channel — a tremendous competitive advantage. Due to the size of this carrier, we will have the opportunity to bring DSA-s unique capabilities to a subscriber base well in excess of 175 million subscribers, representing yet another milestone for DSA.”
Evolving Systems, Inc. (NASDAQ: EVOL) is a provider of software and services to 50 network operators in over 40 countries worldwide. The Company-s product portfolio includes market-leading activation products that address subscriber service activation, SIM card activation, mobile broadband activation as well as the activation of connected devices. Founded in 1985, the Company has headquarters in Englewood, Colorado, with offices in the United Kingdom, India and Malaysia. For more information please visit or follow us on Twitter: .
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 ability of Evolving Systems- DSA and TSA solutions to handle future needs of 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 12, 2013, as well as subsequently filed Forms 10-K/A, 10-Q, 10-Q/A, 8-K and press releases and the Company-s website at .
Jay Pfeiffer
Pfeiffer High Investor Relations, Inc.
303.393.7044
tNicole Haner
Evolving Systems
303.802.1000
Hayley Goff/Chris Harris
The Whiteoaks Consultancy
+44 (0)1252 727313
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