12-Jul-2006 - Evolving Systems and IPS GmbH Announce Reseller Agreement for Emerging Markets in Central Asia and Eastern Europe

ENGLEWOOD, Colorado and BREMEN, Germany Evolving Systems, Inc. (NASDAQ-EVOL), a leading provider of software solutions and services to the wireless, wireline and IP carrier markets, and IPS GmbH, a systems integrator and IT reseller, today announced they have entered into an agreement for IPS to resell Evolving Systems' products and provide delivery and after-sales support in Central Asian and Eastern European emerging markets.

Bremen based IPS GmbH will market Evolving Systems' activation, mediation and numbering solutions, with particular focus on wireless carriers and new content providers. The products include:

Tertio™ Service Activation suite A high performance, multi-domain, next-generation service activation solution.
NumeriTrack - A full featured, number management solution used by service providers to manage their telephone number inventory
Evident™ - A convergent mediation solution, supporting voice, data and content services

"IDC anticipates that the mobile communications market of the Commonwealth of Independent States (CIS) region will witness healthy growth during the forecast period ending in 2009. Over the next five years, the total number of mobile subscriptions will be rising at a CAGR of 23.1%, reaching 67.52 million in 2009. At the end of the forecast period, the mobile penetration in the CIS will arrive at 49%, increasing by almost three times in comparison to the 2004 year-end." said Kresimir Alic, Senior Analyst (Mobile Communications CEMA region) of IDC.

"IPS is pleased to be able to offer Evolving Systems' products to customers in Central Asia and Eastern Europe," commented Subhash Chopra, CEO of IPS GmbH "These growing markets are facing the need for improved performance and fast introduction of new services. IPS' regional presence and expertise, combined with Evolving Systems' strong product capability in supporting content provider environments, enables us to help operators offer innovative, interactive services to their customers "

"Evolving Systems continues to look for new ways to grow our business in geographical regions where there will be rapid growth for wireless services." said Stephen Gartside, CEO and President of Evolving Systems. "Our partnership with IPS allows us to team up with a company who has a proven track record of success in delivering wireless solutions to carriers in Central Asia and Eastern Europe, areas where we believe there will be significant growth".

About Evolving Systems®
Evolving Systems, Inc. (NASDAQ-EVOL) is a provider of software and services to more than 50 network operators in over 40 countries worldwide. Its portfolio includes market-leading products for Activation, Number Portability, Number Inventory and Mediation. Founded in 1985, the Company has headquarters in Englewood, Colorado, with offices in the United States, United Kingdom, Germany, India and Malaysia. Further information at www.evolving.com

About IPS GmbH
IPS GmbH is an IT infrastructure integrator, specializing in the supply of powerful, high end computing solutions from the 'best of breed' manufacturers for the past two decades. As a value-added enterprise reseller IPS provides the ideal solution according to the clients' individual environment, ranging from an entire heterogeneous network or simply a single workstation. IPS' versatile service range guarantees an extensive support and consulting service concerning the vast field of IT for companies from industry, science, research as well as service providers and government authorities. Further information at www.ips-bremen.de

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 expected subscriber growth in the CIS region and the impact of the agreement described in this press release on the Company's business 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 carriers' abilities to roll out new services, the impact of competition and the general state of the communications 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 24, 2006 and subsequently filed Form 10Qs, 8Ks and press releases.

CONTACTS:
Investor Relations
Jay Pfeiffer
Pfeiffer High Investor Relations, Inc.
303.393.7044
jay@pfeifferhigh.com

Press Relations (EMEA)
Sarah Hurp
Marketing Communications Manager
Evolving Systems
+44 1225 478060
sarah.hurp@evolving.com

Press Relations Evolving Systems (Americas & Asia Pacific)
Rosalind Marks
Marketing Director
Evolving Systems
+44 20 7843 4086
Rosalind.marks@evolving.com

Evolving Systems is a registered trademark of Evolving Systems, Inc.

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