Evolving Systems (EVOL) Announces Plans to Resumre $0.05 Quarterly Dividend

Evolving Systems, Inc. (NASDAQ: EVOL), a leading provider of software solutions and services to the wireless, wireline and cable markets, today announced that it intends to resume quarterly $0.05 dividend payments in the second quarter of 2012 following payment of a one-time $2.00 special dividend in the first quarter of 2012.

"In 2011 Evolving Systems paid a $0.05 dividend in each of the first three quarters and declared a special one-time $2.00 dividend in the fourth quarter, which was paid on January 3, 2012," said Thad Dupper, CEO of Evolving Systems. "We're pleased to announce that our 2012 operating plan calls for a resumption of quarterly $0.05 dividend payments commencing in the second quarter of 2012, although as always the final decision to declare a dividend will be made at the Company's regular quarterly board of directors meeting."

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