ENGLEWOOD, CO and PARIS--(Marketwire - July 15, 2008) - Evolving Systems, Inc. (
NASDAQ:
EVOL), a leading provider of software solutions and services to the
wireless, wireline and IP carrier market, and Oberthur Technologies, a
leader in secure technologies, today jointly announced their combined
project of delivering Dynamic SIM Solutions to MTN South Africa.
Dynamic SIM Allocation will enable MTN to distribute prepaid SIM cards more
freely into their retail channels, and significantly enhance their
capability to capture market share in this highly competitive market.
"Our Dynamic SIM Allocation solution provides carriers with a competitive
advantage," said Thad Dupper, president and CEO of Evolving Systems.
"Carriers like MTN South Africa will improve efficiency by limiting
allocation of scarce and expensive resources to only SIM cards held by
active end-users. The solution can also be used to enable prepaid
customers to select their mobile phone numbers from a larger pool of
numbers, via the handset at the time of first use."
Dynamic SIM Allocation removes the current constraints that mean every
prepaid SIM card must be activated in the network, and have a telephone
number associated with it, before distribution. MTN will order and
distribute generic, un-activated SIM cards. When these SIM cards are put
into a mobile phone and the phone is switched on for the first time, the
solution automatically takes over the allocation of the required
properties, taking into account the subscriber's needs and location.
"The majority of our customers are prepaid," said Fabio Caprin, Supply
Chain General Manager for MTN South Africa. "Dynamic SIM Allocation will
enable us to more effectively manage our prepaid number inventory, support
marketing campaigns, and save significant costs that we currently incur by
stocking pre-activated prepaid SIM cards."
Oberthur Technologies General Manager for Mobile Product Line Olivier
Leroux said, "Our broad range of SIM based solutions are aimed at helping
mobile network operators meet their business needs and thereby pass on the
benefit to the end customers. We are pleased to offer our solutions to MTN
in South Africa in partnership with Evolving Systems and demonstrate our
capacity to provide business solutions to fast growing markets."
About the MTN Group
Launched in 1994, the MTN Group is a multinational telecommunications
group, operating in 21 countries in Africa, Asia and the Middle East. The
MTN Group is listed on the JSE Securities Exchange in South Africa under
the share code: "MTN." As at 31 March 2008, MTN recorded 68,2 million
subscribers across its operations in Afghanistan, Benin, Botswana,
Cameroon, Cote d'Ivoire, Cyprus, Ghana, Guinea Bissau, Guinea Republic,
Iran, Liberia, Nigeria, Republic of Congo (Congo Brazzaville), Rwanda,
South Africa, Sudan, Swaziland, Syria, Uganda, Yemen and Zambia. The MTN
Group is a global sponsor of the 2010 FIFA World Cup South Africa™ and
has exclusive mobile content rights for Africa and the Middle East. Visit
us at
www.mtn.com and
www.mtnfootball.com.
About Evolving Systems
Evolving Systems, Inc. (
NASDAQ:
EVOL) is a provider of software and
services to more than 65 network operators in over 40 countries worldwide.
Its portfolio includes market-leading products for Activation, Dynamic SIM
Allocation, Number Portability, Number Management and Mediation. Founded
in 1985, the Company has headquarters in Englewood, Colorado, with offices
in the United Kingdom, Germany, India and Malaysia. Further information is
available on the web at
www.evolving.com.
About Oberthur Technologies
With sales of 733.4 million Euros in 2007, Oberthur Technologies is a world
leader in the field of secure technologies. Innovation and high quality
services ensure Oberthur Technologies' strong positioning in its main
target markets:
-- Smart cards: One of the world's leading providers of security and
identification based on smart card technology and associated services, such
as personalization, for the mobile, payment, identity, digital TV and
transport markets.
-- Secure printing: The world's third largest private security printer,
specializing in high security for the production and management of
banknotes, passports and other identity documents in more than fifty
countries.
-- Cash protection: World leader in the emerging market of equipments for
smart cash transportation and ATM protection.
Close to its customers, Oberthur Technologies benefits from an industrial
and commercial presence across all five continents. Oberthur Technologies
is listed on the Eurolist section B stock exchange. Web site :
www.oberthur.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 of
the contract described in this press release and the ability of Evolving
Systems' solutions to handle future needs of the customer described in this
press release, or other 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 13, 2008, as
well as subsequently filed Forms 10-Q, 8-K and press releases.
Contact Information: CONTACTS:
Investor Relations
Jay Pfeiffer
Pfeiffer High Investor Relations, Inc.
+1 303 393 7044
Press Relations
Sarah Hurp
Marketing Communications Manager
Evolving Systems
+44 1225 478060