LightSquared Selects Evolving Systems for 4G-LTE Service Activation
(firmenpresse) - ENGLEWOOD, CO -- (Marketwire) -- 09/21/11 -- Evolving Systems, Inc. (NASDAQ: EVOL), a leading provider of software solutions and services to the wireless, wireline and IP carrier market, today announced that LightSquared, a 4G LTE network operator in the U.S., has selected the Company's solution as the provisioning layer for its mission critical Business and Operational Support Systems (B/OSS).
The Tertio solution will provide LightSquared with a unified service activation and provisioning platform for all of its services, including LTE Data, LTE Voice, VAS, and Satellite. With Tertio, LightSquared's clients will be able to provision and activate subscribers homed on the LightSquared network quickly, efficiently and error free. In addition, they will be able to manage the subscriber's lifecycle through various states, add and remove services, and query status on demand in near-real-time.
"After an extensive evaluation of the industry's top B/OSS vendors, we determined Evolving Systems' service activation solution was not only best of breed, but also was capable of supporting our unique and innovative business model," said Mahmood Mirza, VP of OSS at LightSquared. "We look forward to our partnership with Evolving Systems as we grow our business," he added.
"We are very pleased to have been selected by LightSquared as their service activation partner," said Thad Dupper, Chairman and CEO at Evolving Systems. "LightSquared's go-to-market plan as well as their choice of LTE technology promises to reshape the competitive landscape in the U.S. by providing greatly enhanced connectivity options for people and devices. We are very excited to be able to contribute to LightSquared's vision and success," he added.
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 .
LightSquared's mission is to revolutionize the U.S. wireless industry. With the creation of the first-ever, wholesale-only nationwide 4G-LTE network integrated with satellite coverage, LightSquared offers people the speed, value and reliability of universal connectivity, wherever they are in the United States. As a wholesale-only operator, LightSquared will deploy an open 4G wireless broadband network to be used by existing and new service providers to sell their own devices, applications and services -- at a competitive cost and without retail competition from LightSquared. The deployment and operation of LightSquared's network represent more than $14 billion of private investment over the next eight years. For more information about LightSquared, please go to .
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' DSA solution to handle future needs of 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 8, 2011, as well as subsequently filed Forms 10-Q, 8-K and press releases and the Company's website at .
Jay Pfeiffer
Pfeiffer High Investor Relations, Inc.
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tSarah Hurp
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Hayley Goff/Chris Harris
The Whiteoaks Consultancy
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Datum: 21.09.2011 - 11:00 Uhr
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News-ID 68014
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