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Vodacom South Africa Upgrades to Latest Redknee BSS to Deliver & Monetize Differentiated Services

Policy Charging Control Broadband

Policy Charging Control Broadband

February 4, 2015 Redknee Solutions, a leading provider of real-time monetization and subscriber management software, has announce that Vodacom, a leading South African operator has signed a multi-million dollar order to upgrade to the latest version of Redknee Unified - billing, charging and rating platform. The solution will enable Vodacom to launch advanced products, promotions and new service offerings to its subscribers, target new market segments, and support its data/LTE growth strategy, said Redknee.

According to Redknee, Vodacom required a solution that would allow it to quickly deliver and monetize differentiated services to its customers. Redknee's real-time converged billing and charging platform provides multi-tenancy capabilities, enabling Vodacom to host multiple operations, like Vodacom Lesotho and others, from a single platform. The solution allows Vodacom to reduce operating costs, enhance the experience of its customers and introduce new revenue generating business models to support future growth objectives, such as diversifying into other industries and cooperating with business partners for M2M communications and the Internet of Things (IoT), added Redknee.

Lucas Skoczkowski, CEO, Redknee
Redknee is pleased to support Vodacom's growth and data monetization strategy with the latest release of Redknee Unified. Service providers that operate in a highly competitive environment like Vodacom are looking for ways to differentiate their offerings and accelerate service provisioning in order to launch innovative data services faster to the market. With Redknee's billing and customer care solution Vodacom is able to increase customer loyalty, increase revenues and improve profitability. Through our ongoing investment in real-time monetization and subscriber management solutions, Redknee is providing Tier 1 service providers with flexible, scalable solutions that support aggressive growth strategies.

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Media Enquiries: media@redknee.com

About Redknee:
Redknee monetizes today's digital world. We provide a complete portfolio of mission-critical monetization and subscriber management solutions, including real-time billing, charging, policy and customer care modules, which allow Communications Service Providers to charge for things in new and innovative ways and create a unique user experience. Available on premise, cloud-based, or as a Software-as-a-Service, Redknee's low-risk, flexible solutions power more than 250 businesses across the globe. Established in 1999, Redknee Solutions Inc. (TSX: RKN) is the parent of the wholly-owned operating subsidiary Redknee Inc. and its various subsidiaries.

References to Redknee refer to the combined operations of those entities. For more information about Redknee and its solutions, please go to www.redknee.com.

For additional information please contact:

Redknee Solutions:
Michaela Radman, Corporate Communications
Michaela.Radman@redknee.com
+1 905 625 2190

Investor Relations:
Conrad Seguin
NATIONAL | Equicom
T: (416) 586-1951
cseguin@national.ca