TORONTO, April 22, 2014 /CNW/ - Redknee Solutions Inc. (TSX: RKN), a leading provider of business-critical billing and charging software
for communications service providers, is pleased to announce that it
has been named as one of Canada's fastest growing ICT companies in
2013. Included in the Branham Group's annual review of publically
traded and private organizations operating in the Canadian ICT
industry, Redknee was recognized for its strong leadership and
successful growth strategy.
Redknee achieved six top listings, including: Top 250 Canadian ICT
Companies, Top 25 Software Companies, Top 10 Wireless Solution
Companies, Top 10 Software as a Service Companies, Top 10 Growth
Companies and Top 20 Movers and Shakers. Redknee's FY2013 results were
highlighted by an increase in annual revenue to a record of $142.0
million, of which recurring revenue also increased to 55 percent of the
total revenue. Additionally, Redknee completed a transformative
acquisition that has made it the largest independent real-time
monetization and subscriber management software company for
communications service providers.
Lucas Skoczkowski, Redknee's CEO commented:
"We are pleased to receive this latest recognition by the Branham Group,
which showcases the positive momentum we have made while executing our
strategic growth plan. I would like to thank our skilled employees,
valued customers and investors for their commitment as we strive to be
the provider of choice for monetization solutions for telecoms,
utilities, e-health and smart cities. It is an honor to be ranked among
these elite companies, which is a testament to the innovation and
global success of the ICT sector that stems from Canada."
The Branham300, now in its 21st year, is widely considered to be the
most comprehensive and trusted review of the Canadian ICT industry. The
listing ranks the top 300 organizations operating in the Canadian ICT
industry by gross revenue.
"Redknee consistently earns its place alongside the leaders in ICT
companies in Canada due to its strong year-on-year performance and
dedication to innovation at all levels. We congratulate Redknee on this
distinction and eagerly anticipate its growth in the following year,"
said Wayne Gudbranson, President and CEO of Branham Group.
Redknee is a leading global provider of innovative communication
software products, solutions and services. Redknee's award-winning
solutions enable service providers to monetize new services, business
models and content and to deliver a comprehensive customer experience -
through either SaaS or on-premise based solutions. Redknee's revenue
and subscriber management platform provides innovative converged
billing, charging, customer care, and payments solutions for voice,
messaging and data services to over 200 service providers in over 90
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 about Redknee and
its solutions, please go to www.redknee.com.
SOURCE: Redknee Solutions Inc.
For further information:
For additional information please contact:
Ashleigh Young, Corporate Communications
+1 905 625 2733
T: (416) 815-0700 ext. 278
T: (416) 815-0700 ext. 253