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Redknee Wins $13 Million BSS Deal from Non-Telco Service Provider in APAC

Policy Charging Control Broadband

Policy Charging Control Broadband

November 22, 2014 Redknee Solutions has won a seven year order worth over $13 million dollars from a large national corporation in Asia Pacific to support its growth in the retail monetization sector. The non-telecommunications deal will see Redknee Unified suite of products supporting the service provider to bring to market an advanced real-time loyalty points and rewards program, offering innovative pricing, tariff options and advanced subscriber care, to increase customer satisfaction and generate new revenue streams

Redknee, a leading provider of real-time monetization and subscriber management software, said that with Redknee's converged charging, billing, policy management and customer care solution,  the service provider will be able to utilize the loyalty management system to support other lines of business, including energy supply, transportation, retail and cable TV, all from a single platform.

Lucas Skoczkowski, Redknee's CEO
Redknee is excited to support the growth strategy of one of APAC's leading corporations. This is a strategic deal for Redknee that reinforces our ability to support the connected digital economy and to capitalize on new opportunities for growth. Over the next 3 to 5 years, we see long term opportunities across industry verticals and enterprise markets, where connectivity-enabled Internet of Things (IoT) businesses want to gain flexibility from real-time analytics and monetization models.

To read the online version, please click 
here.



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