Redknee Named One of Stratecast's 10 to Watch in 2009



    Redknee Solutions Inc. ("Redknee" or "the Company")

    Annual OSS/BSS "Rat Pack" List Recognizes Solid Performers Best
    Positioned to Meet Service Provider Needs in Dynamic Market

    TORONTO, Jan. 29 /CNW/ - Redknee (TSX: RKN ; AIM: RKN), a leading
provider of mission-critical software and solutions for communications service
providers, today announced that it has been named one of Stratecast's ten
leading OSS/BSS companies to watch in 2009. The annual "Rat Pack" list is
compiled by Stratecast, a division of Frost & Sullivan, and recognizes solid
industry performers that work well both individually and through partnerships
to satisfy the needs of communications service providers in a rapidly changing
business environment.
    As networks become increasingly complex and a growing number of
subscribers continue to demand more personalized services, network operators
have unique market needs that require support from vendors that can deliver
innovative solutions and capabilities.
    Lucas Skoczkowski, CEO of Redknee, commented:
    "Redknee is focused on bringing innovative products and services to the
market that result in a competitive advantage for each customer's business.
Being named by Stratecast as a top company to watch is an honor that validates
our disciplined approach to executing on our corporate strategy."
    According to Stratecast, key network operator objectives for 2009 include
responsiveness and being interoperable with the ability to leverage existing
assets and reduce costs. Stratecast states that companies with the "Rat Pack"
mentality can help network operators meet these objectives, as they possess
the necessary agility, deliver a well-defined, clearly differentiated market
offering, and promote a culture of innovation.
    "As network operators enter a new era of network and service complexity,
razor thin margins, and non-traditional competition, there are operational
challenges beyond anything that most have ever experienced," said Karl
Whitelock, Senior Consulting Analyst, Stratecast, a division of Frost &
Sullivan. "Business solutions that can meet subscriber demands and overcome
the rising tide of market challenges are in critical need by the service
provider community. As network operators continue to look for innovation from
the industry's OSS/BSS suppliers, companies such as Redknee are
well-positioned to meet these needs."
    For more information about Redknee, visit http://www.redknee.com.

    About Stratecast/Frost & Sullivan

    Frost & Sullivan, a global growth consulting company, has been partnering
with clients to support the development of innovative strategies for more than
40 years. The company's industry expertise integrates growth consulting,
growth partnership services, and corporate management training to identify and
develop opportunities. Frost & Sullivan serves an extensive clientele that
includes Global 1000 companies, emerging companies, and the investment
community by providing comprehensive industry coverage that reflects a unique
global perspective and combines ongoing analysis of markets, technologies,
econometrics, and demographics. The Stratecast Division focuses on strategic
forecasting and strategy for the Telecom/IT sector. For more information,
visit http://www.awards.frost.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 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: RKN ; 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: Media Relations Contact: Simon Marshall, Mi
liberty, +1-770-919-7366, smarshall@miliberty.com; Mark Yaphe, Vice President,
Product Management & Marketing, (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)207-466-5000, jeremyg@buchanan.uk.com; Redknee Solutions: Colley
Clarke, Chief Financial Officer, (905) 625-2604, colley.clarke@redknee.com


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