ITEM 8.01 OTHER EVENTS.

On July 1, 2009, Evolving Systems, Inc. (the "Company") issued a press release announcing that its Board of Directors approved a reverse stock split of its common stock at a ratio of one-for-two. The reverse stock split, which was authorized by the stockholders at the Company's 2009 annual meeting of stockholders held June 9, 2009, will take effect at 11:59 p.m. (Eastern time) on July 20, 2009 (the "Effective Time"). Trading of the Company's common stock on the Nasdaq Capital Market will continue, on a reverse stock split-adjusted basis, with the opening of the markets on July 21, 2009. As a result of the reverse stock split, each two shares of the Company's common stock that are issued and outstanding or held in treasury at the Effective Time will be automatically combined into one share, subject to the elimination of fractional shares as described in the Company's definitive proxy statement filed with the Securities and Exchange Commission on April 20, 2009. The press release is filed as Exhibit 99.1 hereto and is incorporated herein by reference.

ITEM 9.01 FINANCIAL STATEMENTS AND EXHIBITS

(d) Exhibits

Exhibit Number Description

Exhibit 99.1 Press release issued by Evolving Systems, Inc. on July 1, 2009.