ENGLEWOOD, CO--(Marketwired - May 21, 2015) - Evolving Systems, Inc. (NASDAQ: EVOL), a leader in activation, enablement and management of services for connected mobile devices, today announced that a Tier 1 African operator has placed a significant order for the Company's Tertio® solution.
The operator is conducting a major restructuring of its Operational Support Systems (OSS), looking to streamline its processes, reduce operational costs and consolidate its OSS infrastructure to support a key convergence initiative that will provide a more consistent network experience for its customers.
The operator currently uses the Company's Tertio solution to provision services for its prepaid wireless subscribers and already sees the benefits of a reliable, scalable solution that lowers activation errors and integrates to a wide range of network elements and business systems. As a result of this new order, Tertio will be extended to activate the operator's portfolio of converged services including postpaid, fixed line, WiMAX and value added services. In a market experiencing explosive growth but requiring low-cost services, having a trusted activation system that can be used for multiple services will allow this operator to deliver new cost-effective services that will impact people's lives.
"Tertio is a world renowned activation solution, chosen by more than 40 customers worldwide. The solution offers a complete platform for new service development and implementation, allowing operators to cost-effectively introduce new services, as well as manage and withdraw services, to respond quickly to market changes, " said Thad Dupper, Chairman and CEO of Evolving Systems. "We are pleased to announce this significant order from one of our long standing customers as they continue to invest in and trust our Tertio solution's ability to improve productivity and support major restructuring projects and their drive toward convergence."
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About Evolving Systems®
Evolving Systems, Inc. (NASDAQ: EVOL) is a provider of software and services to 60 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 services for connected devices. Founded in 1985, the Company has headquarters in Englewood, CO, 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, 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. 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, as well as subsequently filed Forms 10-Q, 8-K and press releases and the Company's websites.