CST: 27/10/2016 05:47:32   

Evolving Systems Accelerates 4G Adoption in India

247 Days ago

Evolving Enables Leading Carrier in India to Achieve a Faster Return on LTE Network Investments by Reducing the Time and Cost of Migrating Subscribers to 4G

ENGLEWOOD, CO--(Marketwired - Feb 22, 2016) - Evolving Systems, Inc. (NASDAQ: EVOL), a leader in real-time activation, analytics and marketing for connected mobile devices, today announced that a leading mobile operator in India is using Evolving Systems' Dynamic SIM Allocation™ (DSA) solution to power its accelerated 4G adoption program.

Mobile operators in all parts of the world have made huge investments in building 4G LTE networks. The top priority for most operators following these investments is to grow their 4G subscriber bases, drive usage of high-speed mobile data services, and increase revenues to see a rapid return on their 4G investments.

Evolving Systems is working with mobile operators to accelerate their 4G adoption programs. In India, this included a full-page advertisement on the front page of the country's largest business newspaper that bundled a 4G SIM card with every copy. The operator was able to do this because with DSA their SIM cards are provisioned in the network only when they are first used. This means cards can be freely distributed, with no constraints or unnecessary costs imposed by number resource availability or network capacity.

Evolving Systems' 4G Acceleration solution can also ensure that operators make cost-effective use of their LTE capabilities. The solution determines whether a SIM is being used in an LTE capable device or not, and only activates LTE service when it can be used.

"We are excited to be able to support major operators in accelerating their 4G LTE rollouts," said Thomas Thekkethala, President and CEO at Evolving Systems. "Evolving Systems' mission is to provide solutions that increase carrier revenues by simplifying and upgrading the consumer experience and by monetizing their behavior. By accelerating 4G subscriber growth, and helping operators to gain 4G market share, we are delivering those increased revenues and helping to ensure the fastest possible return on their LTE investment."

About Evolving Systems®
Evolving Systems, Inc. (NASDAQ: EVOL) is a provider of software and services to 75 network operators in over 50 countries worldwide. The Company's portfolio includes market-leading subscriber service, SIM card and mobile broadband activation of connected devices and real-time analytics and marketing solutions to monetize mobile network services and consumer behavior. Founded in 1985, the Company has headquarters in Englewood, Colorado, with offices in the United States, United Kingdom, India, Malaysia and Romania. For more information please visit www.evolving.com or follow us on Twitter http://twitter.com/EvolvingSystems

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, statements about the impact and ability of the solution described in this press release 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. For a more extensive discussion of Evolving Systems' business, please refer to the Company's Form 10-K filed with the U.S. SEC, as well as subsequently filed Forms 10-Q, 8-K and press releases and the Company's website.

Jay Pfeiffer
Pfeiffer High Investor Relations, Inc.
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Evolving Systems Marketing Department
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