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Evolving Systems Granted US Patent for Dynamic SIM Allocation(TM)(April 02, 2012)
ENGLEWOOD, CO -- (Marketwire) -- 04/02/12 -- Evolving Systems, Inc. (NASDAQ: EVOL)
- Affirms market and technological leadership
- Developers of the new standard for SIM card activation
Evolving Systems, Inc. (NASDAQ: EVOL), a leading provider of software solutions and services to the wireless, wireline and cable markets, today announced that it has been granted a US patent for its Dynamic SIM Allocation (DSA) solution.
"Our deep technical expertise in SIM card activation enabled us to develop an entirely new approach that overcomes the inflexibilities in conventional provisioning processes, and this patent protects the key technological advances behind our new approach," said Bill Chard, VP Product Management.
Dynamic SIM Allocation was launched in 2007 and has been selected by carriers throughout Europe, the Americas, Africa and Asia. By changing the way SIM cards are activated, it allows carriers to deliver an enhanced and differentiated end-user experience, whilst also significantly reducing sales logistics costs.
Thad Dupper, Chairman and CEO, commented, "We believe Dynamic SIM Allocation is the new standard for SIM card activation, and we are very pleased to be awarded this US patent as it continues to mark Evolving Systems' DSA solution as unique."
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. Further information is available on the web at www.evolving.com.
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 impact and 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 8, 2011, as well as subsequently filed Forms 10-Q, 8-K and press releases and the Company's website at www.evolving.com.
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