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Global Group Operator Signs Orders worth $7 Million with Redknee

MVNO Dynamics

MVNO Dynamics

August 27, 2014

Redknee Solutions Inc. (TSX: RKN), a leading provider of real-time monetization and subscriber management software, is pleased to announce that a leading global group operator has placed orders worth $7 million dollars for Redknee software and services. The new orders reinforce Redknee’s capabilities as one of the industry’s leading providers of converged charging, billing, customer care and policy management solutions that support group operators to launch innovative data services faster.

With Redknee, the global group operator can create new business models and generate new revenue streams across its multi-country operations. Redknee’s highly scalable and flexible real-time solution enables service providers to increase profitability and improve the customer experience by launching advanced data services, personalized offers, differentiated tariff options and value-added services.

Lucas Skoczkowski, Redknee’s CEO commented: “We are pleased to support this global group operator’s aggressive data growth strategy. These orders highlight both the value that Redknee is providing to global operators to generate new revenue and deliver an enriched customer experience. In addition, it shows the confidence our customer base has in Redknee’s leadership and innovation in the industry. Redknee remains focused on developing a market-leading real-time converged charging, billing, policy management and customer care solution to further advance our position as the provider of choice to more than 200 service providers across the world.”

Redknee enables CSPs to monetize and optimize the subscriber experience across the entire customer lifecycle. From activation to provisioning, to supporting a 360 degree view of the customer’s usage, preferences, and integration with 3rd party social media sites, to empowering customers with self-care tools and the ability to pay for services on the go, Redknee offers one of the most comprehensive real-time converged charging, policy management, billing and customer care solutions in the industry. Redknee’s highly scalable and flexible solution enables CSPs to monetize third party relationships and content, support resellers and dealers and launch multi-country operations quickly, effectively and with a low total cost of ownership. Available on-premise, cloud-based and as a Software-as-a-Service offering, Redknee delivers a complete monetization and subscriber management solution to more than 200 service providers, including some of the largest Tier 1 operators in the world.


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Media Enquiries: media@redknee.com

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 www.redknee.com.


For additional information please contact:

Redknee Solutions:

Kristin Donelson
Kristin.Donelson@redknee.com
+1 905 625 2190

Investor Relations:
Katelynn Thissen
NATIONAL | Equicom
T: (416) 848-1427
kthissen@national.ca