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Redknee Supports SingTel Optus Wholesale

Connect World

Connect World

October 28, 2014 Redknee Supports SingTel Optus Wholesale

TORONTO – October 28, 2014 Redknee Solutions Inc. (TSX: RKN), a leading provider of real-time monetization and subscriber management software, is pleased to announce that it is supporting Optus Wholesale, a division of Optus and one of Australia’s top providers of wholesale telecom services with Redknee’s fully managed, cloud-based solution. This enables Optus Wholesale to achieve rapid time-to-market, and provides an efficient model for operators, delivering a turnkey wholesale billing solution that is reliable and scalable to meet the demands of future growth.

Lucas Skoczkowski, Redknee’s CEO, commented:
“Redknee’s support of Optus Wholesale is testament to Redknee’s expertise in providing leading Tier 1 mobile operators and service providers with flexible, secure solutions to maximize the value of the network and fulfill their wholesale billing demands. Redknee’s cloud-based and on-premise monetization solutions equip service providers with the ability to increase revenues, improve the customer experience and grow profitability.”

Available on-premise, cloud-based and as a Software-as-a-Service offering, Redknee’s interconnect and content settlement solution enables communication service providers (CSPs) to maximize the value of their network with a comprehensive interconnect, wholesale, MVNO and content settlement solution.

The highly scalable architecture provides the flexibility for increased processing on-demand, and through cloud deployment the solution models the hardware to cater to the required capacity and growth. Additionally, a 3-layered security framework keeps the data safe and secure. Redknee’s managed services enables Optus to concentrate on the business needs and offload the day-to-day wholesale billing activities. With advanced reporting and audit capabilities, information required to make the business decisions is available at their fingertips.

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. Redknee enables communications service providers (CSPs) to monetize and optimize the subscriber experience across the entire customer lifecycle. From activation and 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 enable 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.

About Redknee:

Redknee is a leading global provider of innovative communication software products, solutions and services. Redknee's award-winning solutions enable service providers to monetize new services, business models and content and to deliver a connected customer experience - through either SaaS or on-premise based solutions. Redknee's real-time monetization and subscriber management platform provides innovative converged charging, billing, policy management, and customer care solutions for over 200 communications service providers and is supporting service providers to monetize the growing ecosystem of the Internet of Things. 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.

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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