|By Marketwired .||
|August 15, 2013 07:00 AM EDT||
ENGLEWOOD, CO -- (Marketwired) -- 08/15/13 -- Evolving Systems, Inc. (NASDAQ: EVOL), a leading provider of strategic solutions to telecom operators worldwide, today announced that it has been granted a third US patent for elements of its Dynamic SIM Allocation (DSA) solution.
"We already have two US patents covering various aspects of our DSA solution, recognizing our innovative technology for activating consumer mobile voice and data services," said Bill Chard, VP Product Management. "With this third patent we expand the reach of our DSA technology to the Machine-to-Machine and Connected Devices space."
Telecom operators throughout Europe, the Americas, Africa and Asia are using Evolving Systems' DSA solution, which offers a new way to activate SIM cards much more efficiently than conventional pre-provisioning processes. In the Machine-to-Machine space, DSA can be used to greatly reduce costs when supporting devices that have specific connectivity requirements.
Thad Dupper, Chairman and CEO, commented, "With the addition of this third patent relating to the Machine-to-Machine ecosystem, Evolving Systems is expanding its IP portfolio to span both established consumer mobile networks and the hugely important and growing Connected Devices market."
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
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 of the patent described 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 12, 2013, as well as subsequently filed Forms 10-Q, 8-K and press releases and the Company's website at www.evolving.com.