Evolving Systems Reaches 75 Million SIM Card Activations, Cementing Its Leadership in Dynamic Provisioning
ENGLEWOOD, CO -- (Marketwire) -- 04/19/12 -- Evolving Systems, Inc. (EVOL) (NASDAQ: EVOL), a leading provider of software solutions and services to the wireless, wireline and cable markets, demonstrates its leadership in the dynamic provisioning market space.
Highlighting the strength of the Company's claim, the number of confirmed activations carried out by Evolving Systems' Dynamic SIM Allocation" (DSA) solution now stands at over 75 million SIM cards. This milestone represents a threefold increase in numbers over the past year.
Not only is the Company significantly ahead of the competition in terms of activation numbers, it also has unmatched experience in delivering dynamic provisioning, having been developing DSA solutions since the product's launch in 2007.
"We are currently activating approximately four million SIM cards a month for our DSA customers -- every day they use our software to activate tens of thousands of SIM cards around the world," says Thad Dupper, Chairman and CEO, Evolving Systems. "The success we have achieved with DSA is evidence of the compelling benefits it can deliver to operators in terms of operational efficiencies, cost savings and enhanced customer loyalty as operators look to offer closer engagement and more relevant and personalised services to the end user."
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