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Redknee Solutions Inc. Provides Statement on Sale of Company Stock

TORONTO, Feb. 23, 2017 /CNW/ - Redknee Solutions Inc. ("Redknee" or the "Company") (TSX: RKN) was informed that the Company's former Chief Executive Officer and current Board member, Lucas Skoczkowski, disposed of 2,150,000 Redknee common shares on February 21, 2017.

Redknee's senior management team and Board were in a "blackout" period pending the approval and announcement of strategic plan details and were not permitted to sell or buy Redknee shares during this period.

The Company is evaluating the matter and is discussing the matter with the OSC and TSX, and intends to fully cooperate as required.
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