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Redknee User Conference Highlights Customer Data Success Stories

Operators From Across The Globe Meet To Focus On How NGRC Is Driving Data Profitability

TORONTO – June, 22 2010 –Redknee(TSX: RKN), a leading provider of business-critical software and solutions for communications service providers, is highlighting the successful conclusion of its inaugural NGRC User Conference, which was held in the UK last week. NGRC, Redknee’s data rating and charging platform, enables operators to drive data revenue by providing the tools for greater billing transparency and an improved subscriber experience.
 
Set at a beautiful English mansion with links to many famous historical figures dating back to the 14th and 15th centuries, the NGRC User Conference provided a venue for three days of networking, customer presentations and looking ahead to the proposed features of the NGRC roadmap. The event theme, Insight 2010: Endless Possibilities provided an agenda full of interactive sessions for Redknee and its customers to share ideas and key learnings and also to advise on the tools and support required to overcome their day-to-day business challenges.
 
Keynote speakers included:
·         Mark Newman, Informa Telecoms & Media’s Chief Research Officer
·         Tim Parker, Telefonica O2 UK
·         Tareq A. Al-Ruzz and Zaid Alothman, Zain Kuwait
·         Colm Griffin, Telefonica O2 Ireland
·         Rushabh Gudka, Senior Product Manager, NGRC, Redknee
 
In addition to the presentations, Chris Newton-Smith, Redknee’s General Manager of EMEA led a thought-provoking discussion where the attendees had the opportunity to comment and debate on a range of industry related subjects, including the opportunity of Web2.0, smart pipes vs. bit pipes and the rise of M2M.
 
Redknee’s Chief Executive, Lucas Skoczkowski commented:
“Bringing our customers together for these types of events is invaluable not only for us to discuss our strategic roadmap but also for our customers to share ideas and their experiences with their peers. At Redknee, we remain committed to driving profitability, growth and market differentiation for our customers as we invest in real-time monetization solutions to support the growth of mobile data and content for wireless subscribers around the world.”
 
Redknee's NGRC is a proven, real-time rating, charging, and policy management solution for mobile data services. It is based on patented technology and offers communications service providers the flexibility and scalability to launch new services and manage bandwidth, while creating new revenue streams based on diverse pricing options for both prepaid and postpaid subscribers. NGRC enables operators to rate and charge for all their data services, including in-demand offerings such as mobile broadband and mobile TV, helping them to monetize these new services and drive ARPU growth. It gives service providers the flexibility to charge for these services in ways that work best for their subscribers, whether prepaid, postpaid, or a hybrid of both – and based on time or bandwidth consumed. Redknee NGRC offers service providers a flexible and scalable solution that seamlessly integrates into existing systems, maximizing the current network infrastructure and differentiating its services from the competition. 
 


About Redknee:
Redknee is a leading global provider of innovative communication software products, solutions and services. Redknee's award-winning solutions enable operators to monetize the lifetime value of each subscriber transaction while personalizing the subscriber experience to meet mainstream, niche and individual market segment requirements. Redknee's revenue generating solutions provide advanced converged billing, rating, charging and policy for voice, messaging and new generation data services to over 70 network operators in over 50 countries. 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, visit http://www.redknee.com/.


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