Evolving Systems Extends Its Leadership of the North American LNP Market With the Launch of LsmsXpress(TM)

Evolving Systems Extends Its Leadership of the North American LNP Market With the Launch of LsmsXpress(TM) ENGLEWOOD, Colo., Jan. 27 /PRNewswire-FirstCall/ -- Evolving Systems, Inc. (NASDAQ:EVOL), a leading provider of software solutions and services to the wireless, wireline and IP carrier market, today announced the launch of LsmsXpress(TM) -- a product targeted for carriers looking to reduce the total cost of ownership for their number portability routing requirements. The LsmsXpress solution is a full function, small footprint Local Service Management System (LSMS) that provides the interface between the Number Porting Administration Center (NPAC) and the network elements that route calls. It is designed to meet the needs of carriers who want to manage core Local Number Portability (LNP) functions in-house rather than using a service bureau. A vendor independent solution, LsmsXpress employs an OSI stack optimized specifically for LNP transactions which, combined with its low overhead, enables carriers to implement the LNP provisioning process cost-effectively and efficiently. Evolving Systems also offers a suite of services for carriers looking to transition from the service bureau environment to a cost-effective in-house LSMS solution. "LsmsXpress expands our portfolio to meet the needs of cost conscious carriers. It is the result of integrating product assets gained from our acquisition of Telecom Software Enterprises in 2004 with Evolving Systems' extensive experience in delivering number portability solutions," commented Stephen Gartside, president and chief executive officer of Evolving Systems. "The first deployment of LsmsXpress occurred this past December and we are already seeing a great deal of interest from the market." Evolving Systems is the leading provider of numbering solutions, with a wide portfolio of number portability products and services deployed at carriers across North America. About Evolving Systems Evolving Systems Inc. (NASDAQ:EVOL) is a provider of software and services to more than 50 network operators in 37 countries worldwide. Its portfolio includes market-leading products for activation, mediation & assurance and numbering solutions. Founded in 1985, the Company has headquarters in Englewood, Colorado, with offices in the United States, United Kingdom, Germany, Italy, India and Malaysia. Further information at www.evolving.com. CAUTIONARY STATEMENT This news release contains "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995, based on current expectations, estimates and projections that are subject to risk. Specifically, statements about the impact of the LsmsXpress solution and customers' acceptance of the offering described in this press release are forward-looking statements. These statements are based on our expectations and are naturally subject to uncertainty and changes in circumstances. Readers should not place undue reliance on these forward-looking statements, and the Company may not undertake to update these statements. Actual results could vary materially from these expectations. For a more extensive discussion of the Company's business, please refer to the Company's Form 10-K filed with the SEC on March 24, 2004 as well as subsequently filed Form 10-Q and 8-K reports. Source: Evolving Systems, Inc. CONTACT: Investor Relations, Jay Pfeiffer of Pfeiffer High Investor Relations, Inc., +1-303-393-7044, jay@pfeifferhigh.com; or Public Relations, Dan La Russo of Ogilvy Public Relations Worldwide, +1-212-880-5315, dan.larusso@ogilvypr.com, both for Evolving Systems, Inc. Web site: http://www.evolving.com/ ------- Profile: International Entertainment