Evolving Systems and Reksoft Announce Regional Partnership to Bring Next Generation Solutions to Russia and CIS Telecoms Market

Evolving Systems, Inc. (NASDAQ-EVOL), a leading provider of software solutions and services to the wireless, wireline and IP carrier markets, and Reksoft, a Russian systems integrator and IT reseller, today announced their joint agreement to market Evolving Systems' products in Russia and members of the Commonwealth of Independent States (CIS).

Under the agreement, Reksoft will act as a systems integrator and reseller for Evolving Systems' service activation, mediation and number management solutions to fixed and mobile communications carriers. As a reseller, Reksoft will also provide local delivery and after-sales support. Evolving Systems' products include:

• Tertio(TM) Service Activation suite - A high performance, multi-domain, next-generation service activation solution;
  
• NumeriTrack(R) - A full featured, number management solution used by service providers to manage their telephone number inventory;
  
• Evident(TM) - A convergent mediation solution, supporting voice, data and content services.

The Russian and CIS telecoms market is experiencing an unprecedented boom period as the region continues to benefit from the effects of relative political and economic stability. Ongoing structural reforms and rising local and foreign direct investment have strengthened both the fixed and mobile sectors and the introduction of fresh telecoms legislation has created an environment of dynamism and optimism. The ongoing trend for mergers and acquisitions among major alternative operators means that growth is likely to continue for some time to come.

"Reksoft is pleased to announce its partnership to market Evolving Systems' products to telecom operators in Russia and CIS," commented Alexander Egorov, CEO of Reksoft. "The market is experiencing high levels of growth and consolidation with operators increasingly looking to replace legacy systems with more flexible and scaleable packaged solutions. Reksoft selected Evolving Systems based on their market leading OSS solutions and, in particular, the Tertio solution, which is seen as the leading wireless service activation product available today".

"Evolving Systems continues to look for new ways to grow our business in geographical regions that are experiencing rapid growth." said Stephen Gartside, CEO of Evolving Systems. "Our partnership with Reksoft, with their proven track record of success in the region, will enable Evolving Systems to gain a foot-hold in this dynamic market at a very exciting time."

About Evolving Systems(R)

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 products for Activation, Number Portability, Number Inventory and Mediation. Founded in 1985, the Company has headquarters in Englewood, Colorado, with offices in the United States, United Kingdom, Germany, India and Malaysia. Further information at www.evolving.com

About Reksoft

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