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Redknee Wins Contract with a Tier 1 CSP in the Americas

TORONTO – April 25, 2016 Redknee Solutions Inc. (TSX: RKN), a leading provider of real-time monetization and subscriber management software, is pleased to announce that a leading Tier 1 communications service provider (CSP) in the Americas has signed an order of more than $8 million dollars to deploy the Redknee Unified solution to deliver its multi-brand growth strategy across multiple countries. Redknee’s converged monetization and subscriber management solution allows the CSP to leverage a virtualized and cloud-based solution to support new brands in retail telecom and M2M markets across the Americas. This win demonstrates how Redknee is able to support Tier 1 CSP’s globally, allowing them to take advantage of growth opportunities in existing and new markets and to support complex multi-brand business models.

By utilizing Redknee Unified, the end-to-end solution will support the launch of new brands and innovative service offerings across pre- and postpaid markets from one centralized platform. Redknee’s real-time converged billing and customer care solution provides an innovative solution that enables fast time to market with the launch of new services in days rather than weeks, while minimizing the investment risk with low initial setup costs. 

Lucas Skoczkowski, Redknee’s CEO commented: 
“We are pleased to win this contract with a leading Tier-1 service provider in the Americas to deliver our solution in multiple countries. This service provider will be able to rapidly execute on its multi-brand growth strategy by utilizing the Redknee Unified solution. Redknee Unified adds flexibility and agility to its business, allowing our customer to launch new brands, products, services and business models more easily and with a shorter time to market. This contract highlights Redknee’s ability to partner and grow with our customers, while further validating the superiority of Redknee’s software product approach combined with our cloud services in this market.” 

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 third party social media sites, to empowering customers with self-care tools and the ability to pay for services on the go and upsell services based on contextual behavior, Redknee offers one of the most comprehensive offer generation, real-time converged charging, policy management, billing and customer care solutions in the industry. Redknee’s highly scalable and flexible solutions 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. 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 250 service providers, including some of the largest Tier 1 operators in the world.

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