Evolving Systems - Press Release

31 October 2008 - Evolving Systems Sets Date for 2008 3rd Quarter Release and Conference Call

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 it will release its 2008 third quarter financial results after the market closes on November 11, 2008, and conduct a conference call the same day at 2:45 p.m. Mountain Time (4:45 p.m. Eastern Time).

The call-in numbers for the conference call are 1-877-419-6590 for domestic toll free and 719-325-4902 for international callers. The conference code is 4788905.

A telephone replay will be available through November 18, 2008, and can be accessed by calling 1-888-203-1112 or 1-719-457-0820, passcode 4788905.

To access a live Webcast of the call, please visit Evolving Systems' website at www.evolving.com. A replay of the Webcast will be accessible at that website through November 18, 2008.

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

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

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

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This initial 'connection' stage shapes your customer's impression of how easy it is to do business with you.

We'll help you offer greater choice and flexibility by streamlining your provisioning process to fulfill orders quickly and accurately.

Your customers trust you to provide accurate and reliable billing... and you need those figures to make better business decisions.

Efficient management of every change and every upgrade helps you maintain customer loyalty and maximize your profits.

Increase the value of your subscriber base by creating personalized upgrade offers and pinpointing the customers you need to target.

Tertio ™ Service Activation

Event-driveb, Aytomated Service Activation

Key to Profitability

An effective activation system is critical to an operator's profitability. The activation system is involved in providing every service to every subscriber - voice, data, content, information or messaging. The volume of activation transactions handled by operators is huge - and still growing. The activation system needs to support many new network technologies and increasingly complex activation processes as more data and content services are introduced.