25-Sep-2006 - Evolving Systems Announces Global Availability of Number Management Solution

ENGLEWOOD, Colorado Evolving Systems, Inc. (NASDAQ-EVOL), a provider of software solutions and services to the wireless, wireline and IP carrier market, today announced the global availability of its NumeriTrack number management solution.

Evolving Systems' NumeriTrack solution is a dedicated number management system that automates and simplifies the storing, assignment, management, analysis and reporting of numbering resources for fixed, mobile and VoIP services. Designed to work alongside existing billing, activation and number portability systems, it enables service providers to have a single, centralized system that speeds up response time to customers and also allows for easier introduction of new technologies, services and business models as the business changes. Key product capabilities include:

Real-time management dashboard that provides an at-a-glance view of a service provider's entire number inventory, including utilization, net additions and history, to support proactive business decisions.
Automated alarms to detect potential number inventory shortages and enable preventative action to be taken. This also allows the service provider to manage inventory as efficiently as possible to reduce the numbering fees to the regulatory bodies.
Fast, accurate number assignment by automating many of the time-consuming manual activities associated with number management.
Flexible configuration enabling service providers to view, update and manage their data in the most appropriate way for their business.
Automated reporting and tracking that enable service providers to fulfill country-specific regulatory requirements for number portability and number utilization.

Growth, greater competitive pressure, more complex services, convergence and number portability are all putting pressure on the number management process. An inefficient process can result in a direct impact on the customer experience, as well as increased costs, if numbers are not available or cannot be assigned quickly and accurately. Service providers are streamlining their OSS processes and updating systems to address these market challenges and the number management process needs to be part of this activity.

"As operators embark on wide scale operational transformations, they are also realizing that they must revisit how they handle their number inventories," said Shira Levine, Senior Analyst in IDC's Next Generation OSS & Billing program. "A flexible, centralized number management system is not only more cost-effective than maintaining separate silos, but also improves the customer experience by limiting the impact of number changes and enabling fast and accurate number assignment."

In addition, the regulatory bodies in more than 40 countries around the world now charge service providers for their allocated telephone number inventory and for new blocks of telephone numbers, and often require service providers to demonstrate effective utilization of existing numbers before allocating new ones. Many service providers today rely on outdated legacy systems, limited functionality within multiple BSS/OSS systems or even manual processes to manage their numbering resources, making support for new services, new products, and regulatory mandates costly and inefficient.

The NumeriTrack solution was initially launched in the US in 2002 in order to meet the rigorous reporting requirements of the national regulatory body. The solution currently supports some of the largest operators in the US, including the largest wireless carrier and the largest cable provider, helping them to manage millions of numbers easily and cost effectively.

"The introduction of the NumeriTrack solution to the international market is particularly well suited for mobile operators with a significant pre-pay customer base," said Stephen Gartside, Evolving Systems' President and CEO. "NumeriTrack allows these operators to manage their inventory of active numbers more accurately, resulting in proportional savings on vendor contracts that are tied to the number of active subscribers. NumeriTrack, as has been proven by our US customers, also provides operational efficiencies by reducing errors associated with dual number assignments, as well as easily supporting compliance with local regulatory requirements."

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 is available on the web at www.evolving.com

CAUTIONARY STATEMENT
This news release contains "forward-looking statements" within the meaning of the U.S. Private Securities Litigation Reform Act of 1995, based on current expectations, estimates and projections that are subject to risk. Specifically, statements about the impact of internationalization of the Company's NumeriTrack solution on growth and future profitability are forward-looking statements. These statements are based on our expectations and are naturally subject to uncertainty and changes in circumstances. Readers should not place undue reliance on these forward-looking statements, and the Company may not undertake to update these statements. Actual results could vary materially from these expectations. For a more extensive discussion of Evolving Systems' business, please refer to the Company's Form 10-K filed with the SEC on March 24, 2006, as well as subsequently filed Forms 10-Q, 8-K 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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