Evolving Systems' Tertio(R) Solution Supports High-Capacity Next Generation Network Expansion
November 20 2012 - 7:00AM
Marketwired
- South Asian Operator to rely on leading service activation
solution as it gets ready for 3G
Evolving Systems, Inc. (NASDAQ: EVOL), a leading provider of
strategic solutions to telecom operators worldwide, today announced
that the Company's Tertio® Service Activation solution will help drive a long
standing South Asian customer's launch of new services on its
next-generation network. Evolving Systems' convergent mediation
solution, Evident®,
will also be used to support voice, data and content services with
real-time quality of service billing.
After carrying out an in-depth evaluation, the operator
highlighted the need for a centralized provisioning system and
selected Evolving Systems' Tertio as the best platform to support
its move to a next-generation 3G-ready network. Underlining the
strength of its longstanding relationship, Evolving Systems was one
of very few vendors retained by the operator through its network
transition process.
The network upgrade will deliver increased capacity and ensure
the operator is ready to accommodate 3G services when they come on
stream. The company expects to grow its subscriber base from its
current figure of approximately 29 million as it expands market
share through the new network. Tertio will be used to activate all
new subscribers, playing a key role in managing expected future
network growth.
As part of the upgrade, a new home location register (HLR) will
be deployed, allowing the operator to migrate subscribers from the
old database onto a new one.
Thad Dupper, Chairman, President and CEO of Evolving Systems,
remarked, "It is a testament to the strength of our relationship
with this customer, as well as the trust they have in our Tertio
solution to support next generation services, that the operator has
chosen to retain our solution through this key stage in its
development."
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.
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 impact and ability of Evolving Systems' Tertio and Evident
solutions to handle future needs of the customer mentioned in this
press release 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 30, 2012, as well as subsequently
filed Forms 10-Q, 8-K and press releases and the Company's website
at www.evolving.com.
CONTACTS Investor Relations Jay Pfeiffer Pfeiffer High
Investor Relations, Inc. +1 303 393 7044 Email Contact Evolving
Systems Sarah Hurp Marketing Manager +44 (0)1225 478060
Email Contact Press Relations Hayley Goff/Chris Harris The
Whiteoaks Consultancy +44 (0)1252 727313 Email Contact
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