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BRIEF-Piton Capital Partners reports 5.3 pct stake in Evolving Systems as of April 17

April 27 Evolving Systems Inc

* Piton Capital Partners LLC says reports 5.3 percent stake in Evolving Systems Inc as of April 17 - SEC filing

* Piton Capital Partners LLC says believes acquired evolving systems shares are undervalued and represent attractive investment opportunity Source text for Eikon: Further company coverage:

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