Symbolic Logic, Inc. Announces the Final Results of Its Modified “Dutch Auction” Tender Offer ENGLEWOOD, Colo., June 28, 2022 (GLOBE NEWSWIRE) -- Symbolic Logic, Inc. (OTC PINK: EVOL) (“Symbolic”) announced today the final results of its modified “Dutch auction” tender offer to purchase with cash up to $9.6 million of shares of its common stock which expired one minute after 4:59 P.M. (Eastern Daylight Time) on June 23, 2022. Based on the final count by the depositary for the tender offer, a total of 1,501,192 shares of common stock were validly tendered and not validly withdrawn at or b...
Evolving Systems and Zain Saudi Expand Partnership; MoU to Deliver Loyalty Solution for Zain’s Digital Brand, Yaqoot MANCHESTER, United Kingdom, Feb. 03, 2022 (GLOBE NEWSWIRE) -- Evolving Systems, a leader in real-time digital engagement, has announced a strategic collaboration with Zain Saudi Arabia to deliver a key component of its new Loyalty offering. Evolving Systems is delivering a new solution to enable the operator to create game-changing digital experiences for its customers using its digital-only telecom product vehicle, branded as Yaqoot. Yaqoot was launched by Zain as the fir...
PartnerOne Completes the Acquisition of Evolving Systems ENGLEWOOD, Colo., Jan. 05, 2022 (GLOBE NEWSWIRE) -- Evolving Systems Inc. (Nasdaq: EVOL), the leader in real-time digital engagement solutions and services, has announced that its previously reported pending acquisition by PartnerOne has been completed. Under the terms of the agreement, PartnerOne has acquired all of the assets of Evolving Systems’ Customer Acquisition and Network Services division (‘Activation’) as well as its CVML and Loyalty business (‘Marketing’). Evolving Systems is a real-time digital engagement accelerator ...
Evolving Systems Collaborates with Amdocs to Provide Loyalty and Campaign Capabilities for New Amdocs Digital Brands SaaS Suite ENGLEWOOD, Colo., Dec. 08, 2021 (GLOBE NEWSWIRE) -- Evolving Systems, Inc. (NASDAQ: EVOL), a leader in real-time digital engagement, has announced a collaboration with Amdocs to deliver optional capabilities for the new Amdocs Digital Brands Suite-as-a-Service offering, which enables CSPs to create game-changing digital experiences for their digital brand customers. Evolving Systems is one of several suite partners and the company will deliver loyalty and campai...
Evolving Systems Announces Expiration of “Go-Shop” period ENGLEWOOD, Colo., Nov. 17, 2021 (GLOBE NEWSWIRE) -- Evolving Systems, Inc. (NASDAQ: EVOL), a leader in real-time digital engagement solutions and services for connected mobile devices, today announced the expiration of the 30-day “go-shop” period under the terms of the previously announced purchase agreements (the “Purchase Agreements”) to sell all the Company’s operating subsidiaries and all of the assets of its Customer Acquisition and Network Services division (‘Activation’) as well as its CVML and Loyalty Business (‘Marketing’)...
Evolving Systems Reports Third Quarter 2021 Financial Results ENGLEWOOD, Colo., Nov. 10, 2021 (GLOBE NEWSWIRE) -- Evolving Systems, Inc. (NASDAQ: EVOL), a leader in real-time digital engagement, today reported financial results for its third quarter ended September 30, 2021. 2021 Third Quarter Highlights: Third quarter revenue was $7.0 million and year to date revenues are $20.4 millionThe Company has generated positive cash flow from operations and reported a cash and cash equivalents balance of $3.6 millionThird quarter operating profit was $0.6 million, net income of $0.1 mil...
Evolving Systems Sets Date for 2021 Third Quarter Results News Release ENGLEWOOD, Colo., Nov. 08, 2021 (GLOBE NEWSWIRE) -- Evolving Systems, Inc. (NASDAQ: EVOL), a leader in real-time digital engagement solutions and services for connected mobile devices, today confirmed that it will release its 2021 third quarter financial results after the market closes on November 10, 2021. Transaction with PartnerOne Capital Due to Evolving Systems’ pending transaction with PartnerOne Capital that was announced on October 18, 2021 (the “Transaction”), there will not be a conference call or live webc...
Cellcard and Evolving Systems are Shortlisted for Prestigious Engage Award 2021 Cellcard’s Gamified Loyalty Program, Cellcard Club, Recognized for Innovation ENGLEWOOD, Colo., Oct. 19, 2021 (GLOBE NEWSWIRE) -- Leading Cambodian mobile communications service provider, Cellcard, and leader in real-time digital engagement solutions and services, Evolving Systems Inc. (Nasdaq: EVOL), have been shortlisted as finalists for the Best Use of Customer Insight award at the annual which celebrates the successes of customer relationship industry-leaders across all sectors in the business world. Th...
Evolving Systems Enters Definitive Agreements to Sell Activation and Marketing Businesses to PartnerOne Capital for $40 Million Proposed Transaction Expected to Result in Debt Free Balance Sheet with approximately $37.5 Million Cash at Closing ENGLEWOOD, Colo., Oct. 18, 2021 (GLOBE NEWSWIRE) -- On October 15, 2021, Evolving Systems, Inc. (NASDAQ: EVOL) entered into definitive agreements to sell all of the assets of its Customer Acquisition and Network Services division (‘Activation’) as well as its CVML and Loyalty Business (‘Marketing’) to PartnerOne Capital for a base purchase price o...
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