Redknee Appoints Interim CFO



    TORONTO, Feb. 27 /CNW/ - Redknee (TSX / AIM: RKN), a leading provider of
mission-critical software and solutions for communications service providers,
today announces that Chief Financial Officer (CFO), Colley Clarke, will be
leaving the Company in order to pursue other opportunities. Mr. Clarke will
remain as a director of the Company until the Company's Annual General Meeting
which is scheduled for March 23, 2009 and will not stand for re-election as a
director of the Company at that time. Mr. Clarke has agreed to remain with the
Company until April 1, 2009 to assist in the transition of his role.
    David Charron, Redknee's VP of Financial Planning & Analysis, has been
appointed to the position of interim CFO. Redknee will be undertaking a search
for a permanent CFO, and Mr. Charron will be carefully considered as a
candidate.
    Lucas Skoczkowski, CEO of Redknee commented: "David's in-depth
understanding of the financial workings of our business makes him
well-qualified to assume the role of interim CFO. Redknee is very appreciative
of Mr. Clarke's significant contributions to Redknee over the past five years
including, guiding the Company through its initial public offering on AIM and
more recent listing on TSX. We wish him well in his future endeavours."
    Mr. Charron has been with Redknee since July 2007, is a Certified
Management Accountant and holds Bachelor of Engineering and Master of Business
Administration degrees. Mr. Charron is also a member of Professional Engineers
Ontario, and his experience prior to joining Redknee includes senior finance
positions with Nortel Networks Corporation and The Descartes Systems Group.
    For more information about Redknee, visit www.redknee.com

    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 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 more than 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/.




For further information:

For further information: Nomad: Canaccord Adams Limited, Ryan
Gaffney/Andrew Chubb, +44 (0) 207 050 6500; Redknee Solutions: Lucas
Skoczkowski, Chief Executive Officer, (905) 625-2279,
lucas.skoczkowski@redknee.com; Financial Public Relations: Jeremy Garcia,
Buchanan Communications, +44 (0) 20 7 466 5000, jeremyg@buchanan.uk.com


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