02 October 2008 - Evolving Systems Continues its Expansion in Africa with the Addition of Three New Operators
- Agreements cover three additional deployments across East and West Africa
ENGLEWOOD, Colorado - 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" he added.
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
Unix is a registered trademark of The Open Group.
CONTACTS:
Investor Relations
Jay Pfeiffer
Pfeiffer High Investor Relations, Inc.
303.393.7044
jay@pfeifferhigh.com
Press Relations
Sarah Hurp
Marketing Communications Manager
Evolving Systems
+44 1225 478060
sarah.hurp@evolving.com
