Evolving Systems Tertio(TM) Supports European Customer's Launch of Bundled Services
ENGLEWOOD, CO -- (MARKET WIRE) -- 01/19/12 --
- TV, phone, internet and mobile offered together for the first time
Evolving Systems, Inc. (EVOL) (NASDAQ: EVOL), a leading provider of software solutions and services to the wireless, wireline and cable markets, today announced that a European customer is extending the use of the Company's Tertio" Service Activation solution to support the launch of quad-play services.
With the introduction of quad-play services the operator will be able for the first time to offer TV, phone, internet and mobile as part of a bundled service offering to its customer. A single unified provisioning layer was needed to activate these bundled services. After an initial pilot version, Evolving Systems' Tertio solution will be extended to enable the full blown launch of this service.
"This operator has been a valued Evolving Systems and Tertio customer for more than seven years," said Thad Dupper, CEO of Evolving Systems. "This order signifies a confidence in not only us as a supplier but our software and its ability to provide a single unified provisioning layer capable of supporting current and future service requirements."
About Evolving Systems®
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. Further information is available on the web at www.evolving.com.
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 and ability of Evolving Systems' DSA solution 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 8, 2011, as well as subsequently filed Forms 10-Q, 8-K and press releases and the Company's website at www.evolving.com.
CONTACTS Investor Relations Jay Pfeiffer Pfeiffer High Investor Relations, Inc. 303.393.7044 Email Contact Evolving Systems Sarah Hurp Marketing Manager +44 (0)1225 478060 Email Contact Press Relations Hayley Goff/Chris Harris The Whiteoaks Consultancy +44 (0)1252 727313 Email Contact
Source: Evolving Systems