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Major operator in Panama selects Evolving Systems

Evolving Systems, Inc., a leading provider of software solutions and services to the wireless, wireline and IP carrier market, today announced that its Tertio service activation solution has been selected by a major operator in Panama. This award marks Evolving Systems' first installation in Latin America and the latest in a series of major activation wins over the last year.

The Tertio solution will provide a single convergent service activation platform to enable this operator to provision advanced services, including prepaid and post-paid voice, voice-mail and other next generation advanced mobile data services, on its TDMA and GSM networks.

Evolving Systems was selected after a thorough review by the operator of the available service activation solutions. The main driver for the decision was the need for a solution that could easily and cost-effectively provision all of the operator's present and future services on its multi-vendor, multi-technology network infrastructure, and the Tertio solution was regarded as the best fit.

The win also marks the start of a partnership with Caribbean Holding Services, Inc. (CHS), a leading solutions provider of advanced telecommunications systems for the Caribbean and Latin American markets. Aaron Mizrachi, president of CHS, commented, "Evolving Systems brings a proven portfolio of OSS products to the region that will add significant value to service providers looking to gain efficiencies and competitive advantage."

"Evolving Systems is proud to announce its first customer in Latin America, " said Stephen Gartside, president and CEO of Evolving Systems. "This contract not only reflects the market's endorsement of our leading service activation product but also demonstrates our ability to expand into new markets with the help of local partners such as CHS."

About Evolving Systems

Evolving Systems, Inc. (Nasdaq: EVOL) is a provider of software and services to more than 50 network operators in over 40 countries worldwide. Its portfolio includes market-leading solutions for activation, mediation and numbering solutions. Founded in 1985, the Company has headquarters in Englewood, Colorado, with offices in the United States, United Kingdom, Germany, India and Malaysia. Further information athttp://www.evolving.com



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