ENGLEWOOD, CO -- (Marketwired) -- 06/12/13 -- Evolving Systems, Inc. (NASDAQ: EVOL), a leading provider of strategic solutions to telecom operators worldwide, today announced that it has been granted a second US patent for elements of its Dynamic SIM Allocation™ (DSA) solution.
"DSA is the new standard in SIM card activation, and Evolving Systems has unparalleled field experience in delivering activation solutions," said Bill Chard, VP Product Management. "The solutions we provide for our customers all originate from our R&D program and this patent covers important inventions which help to keep our solution at the forefront of this fast-developing market."
DSA has been selected by operators throughout Europe, the Americas, Africa and Asia. The solution activates millions of SIM cards every week, and some of the world's largest mobile operators rely on it to ensure their operational efficiency and to optimize the activation experience for their users.
Thad Dupper, Chairman and CEO, commented, "The issuance of this second patent for DSA demonstrates our commitment to innovation, bringing value to our customers and building our intellectual property portfolio on behalf of our stockholders."
"In today's market it is equally important to not only develop breakthrough technology but to also take steps to protect that technology. The patent that was granted today is the result of a process that was put in motion several years ago. Looking forward, we expect to receive additional patents -- both US and for other regions -- so that we can protect the investments that Evolving Systems and its customers have made in DSA."
About Evolving Systems®
Evolving Systems, Inc. (NASDAQ: EVOL) is a provider of software and services to 50 network operators in over 40 countries worldwide. The Company's product portfolio includes market-leading activation products that address subscriber service activation, SIM card activation, mobile broadband activation as well as the activation of connected devices. Founded in 1985, the Company has headquarters in Englewood, Colorado, with offices in the United Kingdom, India and Malaysia. For more information please visit www.evolving.com or follow us on Twitter: http://twitter.com/EvolvingSystems
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 ability of Evolving Systems' DSA solution 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. 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 12, 2013, as well as subsequently filed Forms 10-Q, 8-K and press releases and the Company's website at www.evolving.com.