Evolving Systems Names Mark P. Szynkowski as its New Senior Vice President of Finance

ENGLEWOOD, Colo., Dec. 04, 2017 -- Evolving Systems, Inc. (Nasdaq:EVOL), a leader in real-time digital engagement solutions and services, today announced that it has named Mark P. Szynkowski as Senior Vice President of Finance, effective immediately. Mr. Szynkowski replaces Mrs. Julie Gosal Hoarau who is leaving the Company for personal reasons and to spend more time with her family. Based in New York, Mr. Szynkowski will lead the Company’s accounting and finance operations and will report directly to Thomas Thekkethala, President and Chief Executive Officer of Evolving Systems.

Mark Szynkowski, new Senior Vice President of Finance, Evolving Systems, Inc.

A photo accompanying this announcement is available at http://www.globenewswire.com/NewsRoom/AttachmentNg/8f459b6d-2e1a-4235-9e60-3798fcda85b1

Mark brings with him over twenty years of finance and accounting experience, an extensive background in mergers and acquisitions, budgeting and forecasting, and a broad knowledge of the software technology industry. Previously, he served as Chief Financial Officer of 6D Global Technologies, Inc., a digital marketing solutions and services company where he was responsible for overseeing financial operations including SEC filings, SOX compliance and reporting. Prior to 6D, Mr. Szynkowski served in a variety of financial positions with Epiq Systems (acquired by DTI), a leading global technology Software as a Service provider to the legal industry. Over nearly 10 years at Epiq, Mark held senior positions including Vice President of Finance, Electronic Discovery Segment; Corporate Controller; and Subsidiary Controller. Earlier in his career, he served as Controller for Tradeware Global LLC, Vice President of Finance and Operations for Integro Staffing Services, and was a Senior Auditor with Ernst & Young. Mr. Szynkowski has a B.A. in Accounting from Alfred University and is a member of the American Institute of Certified Public Accountants (AICPA) and the National Accounting Association.

Thomas Thekkethala, Chief Executive Officer of Evolving Systems said, “I would like to welcome Mark to the Evolving Systems team. His background in accounting, M&A and planning gained at software technology companies serving global clients brings immediate value to our organization, as we seek to further grow the business and capitalize on the vast opportunity to help global brands attract, engage and retain their customers. On behalf of the entire Evolving team, I would also like to thank Julie for her valuable contributions. She is leaving for personal reasons, so I wish her and her family the best for the future.”

About Evolving Systems®
Evolving Systems, Inc. (NASDAQ:EVOL) is a provider of real-time digital engagement solutions and services to more than 100 customers in over 65 countries worldwide. The Company’s portfolio includes market-leading solutions and services for real-time analytics, customer acquisition, customer value management and loyalty for telecom, retail and financial services companies. Founded in 1985, the Company has its headquarters in Englewood, Colorado, with offices in Asia, Europe, Africa, South America and North America. For more information, please visit www.evolving.com or follow us on Twitter at http://twitter.com/EvolvingSystems.

CAUTIONARY STATEMENT
This news release contains "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995, based on current expectations, estimates and projections that are subject to risk. Specifically, statements about the future growth of the Company are forward-looking statements. These statements are based on our expectations and are naturally subject to uncertainty and changes in circumstances. Readers should not place undue reliance on these forward-looking statements, and the Company may not undertake to update these statements. Actual results could vary materially from these expectations. For a more extensive discussion of Evolving Systems’ business, and important factors that could cause actual results to differ materially from those contained in the forward-looking statements, please refer to the Company’s Form 10-K filed with the SEC on March 28, 2017; Forms 10-Q, 10-Q/A, 8-K and 8‑K/A; press releases and the Company’s website.

Investor Relations Contact:
Michael Glickman
Senior Vice President, Investor Relations
GW Communications (for Evolving Systems)
Tel: (917) 397-2272
Email: [email protected]