EVOLVING SYS INC

Ticker: EVOL CUSIP: 30049R209 Class: COM

PRELUDE CAPITAL MANAGEMENT, LLC's Holding History (CIK: 0001387508)

Note: Option positions (PUT/CALL) are excluded.

Q1 2015

Shares 1,300 Value ($000) $11 Avg Close $7.94 Range $7.13 - $8.57

Q4 2014

Shares 800 Value ($000) $7 Avg Close $8.94 Range $7.93 - $10.15

Q3 2014

Shares 1,200 Value ($000) $11 Avg Close $8.55 Range $7.55 - $9.35

Period	Shares	Value ($000)	Average Close	Price Range
Q1 2015	1,300	$11	$7.94	$7.13 - $8.57
Q4 2014	800	$7	$8.94	$7.93 - $10.15
Q3 2014	1,200	$11	$8.55	$7.55 - $9.35