Global Tier 1 Service Provider Selects Redknee's Unified Charging & Policy Solution for Multi-Country Upgrade

TORONTO, May 15, 2017 /CNW/ - Redknee Solutions Inc. (TSX: RKN),  leading provider of business-critical billing and charging software and solutions for communications service providers, is pleased to announce that Redknee was awarded a multi-country contract to upgrade and expand Redknee's Unified solution at a Global Tier 1 telecommunications operator in EMEA. The upgrade of the existing Redknee Unified solution, and a new deployment of Redknee's integrated policy and charging solution, supports the operator's business goal of increasing data traffic and lowering spend by 20%. Redknee's solution makes business processes faster and easier with fully integrated policy and charging capabilities. It enables the rapid creation of new and innovative data packages to reduce TCO, while improving customer choice, increasing demand and creating a seamless customer experience.

Redknee's solution provides one platform with easy-to-use interfaces and smarter analytic capabilities to support monetization across the entire company, eliminating organizational silos between the installed IT systems and network to dramatically improve time to market and reduce redundant processes often encountered when creating new service offerings. The ease of use allows the operator to easily define new and innovative data policies and offerings targeting demand by incentivizing users to increase their data usage and spend.

Danielle Royston, Redknee's CEO commented: "Redknee's Customer Success program is about aligning our organization to the goals of our customers. In this case, our agile platform made it faster and easier for this Tier 1 operator to create new offerings to target data growth with their own customers.  In this way Redknee is helping our customer achieve their own business targets because when our customers are successful, we are successful too."

About Redknee:
Redknee monetizes today's digital world. We provide a complete portfolio of mission-critical monetization and subscriber management solutions, including real-time billing, charging, policy and customer care modules, which allow Communications Service Providers to charge for things in new and innovative ways and create a unique user experience. Available on premise, cloud-based, or as a Software-as-a-Service, Redknee's low-risk, flexible solutions power more than 250 businesses across the globe. Established in 1999, Redknee Solutions Inc. (TSX: RKN) is the parent of the wholly-owned operating subsidiary Redknee Inc. and its various subsidiaries.

SOURCE Redknee Solutions Inc.

For further information: Redknee Solutions: Michaela Radman, Head of Marketing and Corporate Communications, Michaela.Radman@redknee.com, +1 905 625 2190; Investor Relations: Conrad Seguin, NATIONAL | Equicom, T: (416) 586-1951, cseguin@national.ca


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