Evolving Systems Announces Agreement to Provide Local Number Portability Software to Cox Communications
PRNewswire
Englewood, CO
NYSE:COX

ENGLEWOOD, Colo., May 29 /PRNewswire/ -- Evolving Systems, Inc. (Nasdaq: EVOL), a leading provider of next generation telecom OSS and wireless data software solutions, today announced an agreement to provide local number portability (LNP) software and support to Cox Communications, Inc. (NYSE: COX), the nation's fifth largest cable television company and a leader in broadband services.

"Evolving Systems continues to be the first resource for top-tier telecom companies like Cox looking to leverage existing resources to support continued growth," said Jim Ross, president and chief operating officer of Evolving Systems. "The companies that survive the industry's convergence-driven consolidation will be relying upon proven and high-performance software products offered by industry specialists like Evolving Systems."

"Cox Communications' investment in an LNP product suite is further evidence of our ongoing commitment to becoming the nation's premier provider of voice, video and data services," said Dick Mueller, Vice President of Engineering Operations for Cox Communications. "Evolving Systems' cost- effective solutions and time-to-market implementation will give us an operational advantage over our competitors in the local access market."

More than 60 percent of all number porting activity in the United States is handled by Evolving Systems LNP infrastructure software. Number portability was mandated originally for wireline carriers by the federal Telecommunications Act of 1996, to allow customers to keep their existing telephone numbers when changing carriers. The mandate was later extended by the FCC to wireless carriers.

About Cox Communications

Cox Communications, a Fortune 500 company, serves approximately 6.2 million customers nationwide, making it the nation's fifth largest cable television company. A full-service provider of telecommunications products, Cox offers an array of services, including Cox Cable; local and long distance telephone services under the Cox Digital Telephone brand; high-speed Internet access under the brands Cox@Home, Road Runner and Cox Express; advanced digital video programming services under the Cox Digital Cable brand; and commercial voice and data services via Cox Business Services. Cox is an investor in telecommunications companies including Sprint PCS and Excite@Home, as well as programming networks including Discovery Channel, The Learning Channel, Outdoor Life and Speedvision. More information about Cox Communications can be accessed on the Internet at www.cox.com.

About Evolving Systems

Evolving Systems is a leading provider of telecommunications software solutions for complex wireline and wireless data applications. Customers include Regional Bell Operating Companies, InterExchange Carriers, and several of the nation's largest wireless carriers. The company is the nation's leading provider of local number portability solutions and is establishing an expanding presence in the high-growth wireless data communications market. Evolving Systems possesses special expertise in operations system support software that encompasses order management, complex provisioning, service activation and customer care systems. The company delivers a full suite of services, including software development, consulting, system integration, training and customer support.

For more information on Evolving Systems, visit the company's website at www.evolving.com. The corporate headquarters are located at 9777 Mount Pyramid Court, Englewood, Colorado, 80112, phone 303-802-1000.

Corporate newsroom: http://investorcare.evolving.com/default_companynews.cfm

CAUTIONARY STATEMENT: This press release contains "forward-looking statements" within the meaning of the Private Securities Litigation reform Act of 1995, based on current expectations, estimates and projections. These statements often can be identified by use of such terms as "will," "may," "estimate," "believe," "expect" or words of similar meaning. Readers should not place undue reliance on these forward looking statements and Evolving Systems will not necessarily update these statements to reflect subsequent developments. Specifically, statements about expansion into local access markets and companies likely to survive industry consolidation are forward- looking statements. The impact of these changes in the market and industry consolidation upon Evolving Systems' performance is uncertain and there are certain important factors that could affect Evolving Systems' performance. These include regulatory changes, delays by carriers in implementing number portability services and unexpected costs. These factors could have an effect on the Company's revenue. For a more extensive discussion of the Company's business, and the factors that could affect the Company's results, please refer to the Company's Form Amended 10-K/A, filed with the SEC on April 20, 2001.

The Evolving Systems name and logo are registered trademarks of Evolving Systems, Inc.

SOURCE Evolving Systems, Inc.; Cox Communications, Inc.

 

CONTACT: Cynthia Bowling of Evolving Systems Inc., 303-802-1796, cbowling@evolving.com; or Tanzy Ibanez of Clarus Public Relations, 303-296-0343 ext. 251, tibanez@claruspr.com, for Evolving Systems Inc./