TREMENDOUS news on EVOL. Wait until it sinks in!
Evolving Systems Signs Multiyear Agreement With Lucent Technologies to Provide Customized Software Services
DENVER--(BUSINESS WIRE)--Feb. 8, 1999--Evolving Systems Inc. (NASDAQ:EVOL) has signed a multi-year agreement with Lucent Technologies to provide custom software support.
Under a new master agreement between the two companies, Evolving Systems will provide its wireless telecommunications development and integration expertise for Lucent's wireless packet data projects.
Evolving Systems is helping Lucent accelerate wireless data development for its global customers. The agreement also furthers Evolving Systems' mission to strengthen and maintain long-term relationships with its existing customers and provide world-class telecommunications solutions through products, integration and services that satisfy market needs.
"We're excited about the opportunity to expand and continue our work with Lucent," said George Hallenbeck, Evolving Systems president and chief executive officer. "Our software expertise is helping Lucent's wireless intelligent networks to migrate to current hardware and software platforms for higher volumes and capacity, keeping their products competitive in today's marketplace."
About Evolving Systems
Evolving Systems, based in Englewood, Colo., is a software development and systems integration firm providing a full range of business and operational support systems, services and product solutions for the telecommunications industry. Founded in 1985, Evolving Systems delivered the telecommunication industry's first-to-market software applications addressing local number portability at the service provider level. Evolving Systems' client base includes local exchange carriers (LECs), interexchange carriers (IXCs), competitive local exchange carriers (CLECs), wireless providers and network equipment suppliers. The company is listed on the NASDAQ National Market under the symbol EVOL.
To learn more about Evolving Systems, see its Web site at www.evolving.com.
In accordance with Section 21E of the SEC Act of 1934, as amended, this release contains forward-looking statements and should be read in conjunction with certain risk factors. Risk factors involved in investing in Evolving Systems are defined in the Company's Registration Statement on Form S-1 (No. 333-43973) which was declared effective by the SEC on May 11, 1998. The agreement mentioned in the release may have no material impact on the company's future earnings.
Editor's Note:
The Evolving Systems name and logo are trademarks of Evolving Systems, Inc. The Lucent name and logo are trademarks of Lucent Technologies.
CONTACT:
Evolving Systems, Denver
Yvonne Amrine, 303/802-2467
KEYWORD: COLORADO
BW1099 FEB 08,1999
4:49 PACIFIC
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