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REDKNEE SOLUTIONS INC.Detailed Chart...Redknee Enables TSTT's Prepaid Customers to Join the Blackberry(R) Phenomenon
REDKNEE introduces PREPAID charging SOLUTION for use with BLACKBERRY(R)
smartphones
TORONTO, Feb. 11 /CNW/ -- Redknee (TSX/AIM: RKN), a leading provider of
mission-critical software and solutions for communications service providers,
is pleased to announce that Telecommunications Services of Trinidad and Tobago
(TSTT) has expanded Redknee's existing contract to include providing prepaid
charging services for BlackBerry(R) smartphones. Using Redknee's new Prepaid
Smartphone Charging solution, TSTT now enables all of their subscribers to
enjoy high-value services that were previously only available to postpaid
customers.
More than 90 percent of Trinidad and Tobago's mobile population use
prepaid services(1). The nation's three mobile operators are aggressively
competing to increase their relative share of the prepaid subscriber base.
Redknee Prepaid Smartphone Charging, part of Redknee's Next-Generation Rating
and Charging portfolio, has enabled TSTT to expand the reach of its popular
BlackBerry(R) service to its prepaid subscribers. Launched successfully in
December 2008, it allows TSTT to extend the service and offer the same email,
messaging and browsing experience on BlackBerry(R) smartphones for prepaid
subscribers as it does for postpaid subscribers.
"With Redknee's Prepaid Smartphone Charging, TSTT has the ability to
deliver a highly desired, premium service to our prepaid subscriber base. TSTT
is the leading wireless operator in Trinidad/Tobago, and we pride ourselves in
being able to offer our subscribers the services they want, with the flexible
payment options they expect. Redknee provides a flexible, transparent solution
that can rapidly adapt to market requirements and device evolution," states
Jay Alvi, Executive Vice President, Enterprise Services at TSTT.
"Redknee delivered the solution for us in very short order, so we could
launch in time for the Christmas selling season. That was very important to
TSTT as the Christmas season is a big selling time for mobile. Redknee
delivered their solution on time, which allowed us to hit a critical market
window."
"Universally, the BlackBerry(R) smartphone and associated services have
been a hit with mobile subscribers and prepaid customers have often been
excluded from experiencing these popular data services. Redknee helps wireless
operators to address the needs of all of their subscribers, regardless of
payment type. We enable operators to charge for new data services such as
wireless email and location-based and social networking applications," says
Lucas Skoczkowski, Redknee's CEO. "We are pleased to be able to partner with
TSTT to continue to help deliver the innovative services they have become
known for in their market."
For more information please visit Redknee's website www.redknee.com
The Trademark BlackBerry(R) is owned by Research In Motion Limited and is
registered in the United States and may be pending or registered in other
countries. Redknee Solutions Inc. is not endorsed, sponsored, affiliated with
or otherwise authorized by Research In Motion Limited.
(1)Source: 2007 Annual Market Report Telecommunications and Broadcasting
Sectors, Authority of Telecommunications Trinidad and Tobago.
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/AIM: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/
The products, solutions and services described via this press release may
be subject to certain geographic limitations and restrictions in their use.
For additional information please contact:
Media Relations Contact:
Ashleigh Young
Mi liberty
+44 (0)20 7751 4444
ayoung@miliberty.com
Mark Yaphe, Vice President, Product Management & Marketing
+1 905 625 2298
mark.yaphe@redknee.com
Nomad:
Canaccord Adams Limited
Ryan Gaffney/Andrew Chubb
+44 (0) 207 050 6500
Financial Public Relations :
Jeremy Garcia
Buchanan Communications
+44 (0) 20 7 466 5000
jeremyg@buchanan.uk.com
Redknee Solutions:
Colley Clarke, Chief Financial Officer
+1 905 625 2604
Colley.clarke@redknee.com
For further information: Ashleigh Young, Media Relations Contact, of Mi liberty, +44-(0)20-7751-4444, ayoung@miliberty.com; Mark Yaphe, Vice President, Product Management & Marketing of Redknee, +1-905-625-2298, mark.yaphe@redknee.com; Colley Clarke, Chief Financial Officer of Redknee Solutions, +1-905-625-2604, Colley.clarke@redknee.com; Ryan Gaffney/Andrew Chubb of Nomad: Canaccord Adams Limited, +44-(0)-207-050-6500; or Jeremy Garcia, Financial Public Relations, of Buchanan Communications, +44-(0)-20-7-466-5000, jeremyg@buchanan.uk.com Web Site: http://www.redknee.com
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