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Redknee and Elster offer new opportunities for utilities

Redknee and Elster

Redknee and Elster

June 7, 2016

The advent of smart meters has brought with it new payment options beyond the traditional monthly, bimonthly, or other periodic bill. Growing acceptance of prepayment for services such as mobile telephony is driving growing interest from both utilities and consumers in its use for energy. Illustrative of the growing interest in prepayment is its use for energy in more than 40 countries over the past two decades, primarily in Europe, Middle East and Africa (EMEA) regions.

The prepay energy solution is built on Elster’s expertise in metering and Redknee’s expertise in monetization and payment services. The solution offers a configurable prepay energy delivery solution and it is intended as an off-the-shelf, packaged solution that can be easily implemented, embedded in existing utility operations.

The full article can be found on the Engerati website.

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About Redknee:
Redknee monetizes today's digital world for communications service providers. Our market-leading portfolio of monetization and subscriber management solutions includes real-time billing, charging, policy and customer care modules and is available on premise, cloud-based, or as Software-as-a-Service. With a central focus on driving customer success, Redknee's products power growth and innovation for operators globally. Established in 1999, Redknee Solutions Inc. (TSX: RKN) can be found on the Toronto Stock Exchange. For more information about Redknee, please go to

For additional information please contact:

Redknee Solutions:

Kristin Donelson
+1 905 625 2190

Investor Relations:
Katelynn Thissen
NATIONAL | Equicom
T: (416) 848-1427