Evolving Systems, Inc. - EVOL- Profile

Evolving Systems, Inc.. The Group's principal activity is to provide software solutions and services to the wireless, wireline and IP carrier market. The Group operates in two segments: License Fees and Services and Customer Support. License Fees and Services segment represents the fees received from the license of software products and those services directly related to the delivery of the licensed products, as well as fees for custom development, integration services and time and materials work. Customer Support segment includes annual support fees, recurring maintenance fees, fees for maintenance upgrades and warranty services. It offers software products and solutions in three core areas: Numbering solutions, service activation and mediation solutions. The Group provides its software products and solutions in Americas, Europe, Middle East, Africa and Asia. Customer Support accounted for 53% of 2006 revenues and License Fees and Services, 47%