TORONTO, March 2, 2016 /CNW/ - Redknee Solutions Inc. (TSX: RKN) (the "Corporation"), a leading provider of business-critical billing and charging software and solutions for communications service providers, today announced that it has made minor changes to the Amended and Restated Shareholder Rights Plan (the "Rights Plan") which was attached as part of the Company's Management Information Circular dated February 3, 2016.
The proposed changes to certain definitions of the Rights Plan were made to clarify these definitions and reflect best practices regarding 'new generation' shareholder rights plans in Canada. A blackline showing the changes to the Rights Plan is available on the Corporation's website at www.redknee.com.
Shareholders wishing to receive a copy of the Rights Plan should contact the Secretary of the Corporation by telephone at 905-625-2622 or by facsimile at 905-625-2773. If approved, the complete text of the Rights Plan will be filed on SEDAR at www.sedar.com after the meeting.
Redknee monetizes today's digital world. We provide a complete portfolio of mission-critical monetization and subscriber management solutions and services that allow communications service providers, utility companies, auto makers and enterprise businesses of all types to charge for things in new and innovative ways. Redknee's real-time billing, charging, policy and customer care offerings provide the agility and scalability to drive a unique user experience, increase profitability and support any new product or business model. 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. References to Redknee refer to the combined operations of those entities. For more information about Redknee and its solutions, please go to www.redknee.com.
SOURCE Redknee Solutions Inc.
For further information: Investor Relations: Lawrence Chamberlain, NATIONAL | Equicom, T: 416-848-1457, firstname.lastname@example.org