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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.


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