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APAC firm taps Redknee for retail monetization

Telecom Asia

Telecom Asia

December 10, 2014 A large national corporation in Asia Pacific has signed an order worth over $13 million dollars with Redknee to support its growth in the retail monetization sector.

This order is a seven-year, recurring term license deal. Redknee’s software platform is enabling the service provider, which offers transportation, real estate, retail, leisure, and business support services, to diversify into new industries and differentiate from its competitors.

The Redknee Unified suite of products will support 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.

The deal provides an example of how Redknee’s Unified platform can be used to improve the customer experience and power a varied ecosystem of enterprise businesses that span multiple verticals.

With Redknee’s converged charging, billing, policy management and customer care solution, the service provider can use the loyalty management system to support other lines of business, including energy supply, transportation, retail and cable TV, all from a single platform, the vendor said.

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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