Redknee Takes Operators Beyond Flat-Rate Tariffs



    
    MILLION-DOLLAR DEAL SEES EUROPEAN OPERATOR AMONG FIRST TO OFFER
    SUBSCRIBERS BENEFITS OF FLEXIBLE PRICING PLANS AND FAIR-USAGE
    

    TORONTO, April 29 /CNW/ - Redknee (TSX: RKN), a leading provider of
mission-critical software and solutions for communications service providers,
today announced that a European wireless operator will be the first to deploy
Redknee's newly enhanced Next Generation Rating and Charging (NGRC) platform,
version 6.0. Redknee's newest release of NGRC enables operators to provide
flexible tiered offerings and dynamic subscriber controls for mobile data and
broadband services.
    Redknee is encouraging operators to roll out flexible tiered pricing
models where the subscriber can choose how to pay for different services by
allocating charges towards prepaid, postpaid or one-time accounts in real
time. By moving away from restricted flat-rate plans, Redknee's NGRC 6.0
provides subscribers with the flexibility to adopt new services, and operators
the ability to provide innovative business models to increase the adoption of
data services.
    NGRC 6.0 provides subscribers with the visibility and control they want
with respect to their usage limits. It also gives them the flexibility to
exceed these usage limits with service upgrades or temporary bandwidth
boosting capabilities. With real-time communication between the subscriber and
operator at the time of each initial service transaction, subscribers are
encouraged to manage their own accounts through self-care options, and
ultimately, to better control and manage their communication costs.
    The new NGRC 6.0 platform will help drive subscriber adoption of the
operator's 3G network and services, making Internet access available to more
of the region's population. It is anticipated that revenue from this contract
will be realized in Redknee's 2009 fiscal year.
    Lucas Skoczkowski, CEO, Redknee, said, "We are pleased to provide
solutions to help operators enhance their relationships with their subscribers
and bring added flexibility and clarity to how operators charge for and bundle
wireless data services and applications. Redknee's tier-one customers, as well
as our high growth market customers, now have full access to our advanced
solutions, enabling operators to forge long-lasting relationships with their
subscribers as they launch new 3G and mobile broadband services."

    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 over 70 network operators in
over 50 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, visit http://www.redknee.com/.

    Caution Regarding Forward-Looking Information:

    This release contains forward-looking information within the meaning of
applicable securities laws ("forward-looking statements") that include
Redknee's preliminary unaudited estimate of revenue expected to be realized in
fiscal 2009 from an order and product performance. Such forward-looking
statements are not promises or guarantees and involve known and unknown risks,
uncertainties and other factors and assumptions that may cause the actual
results, performance or achievements of Redknee, or developments in Redknee's
business or industry, to differ materially from the anticipated results,
performance or achievements or developments expressed or implied by such
forward-looking statements. Such factors include, but are not limited to:
deployment scheduling, product performance, technological change and changes
in the industry in which Redknee competes; changing global economic conditions
and uncertainties; the impact of foreign currency exchange rates; credit and
collection risk; departure of key personnel; departures of key customers; and
other risks detailed from time to time in the Company's filings with the
Ontario Securities Commission including Redknee's Annual Information Form
dated for the fiscal year ended September 30, 2008. Readers are cautioned not
to place undue reliance upon any such forward-looking statements, which speak
only as of the date made. Forward-looking statements are provided for the
purpose of providing information about management's current expectations and
plans relating to the future. Readers are cautioned that such information may
not be appropriate for other purposes. Redknee does not undertake or accept
any obligation or undertaking to release publicly any updates or revisions to
any forward-looking statements to reflect any change in its expectations or
any change in events, conditions or circumstances on which any such statement
is based, except as required by law.





For further information:

For further information: Media Relations Contacts: Ashleigh Young, Mi
liberty, +44 (0) 207 751 4444, ayoung@miliberty.com; Mark Yaphe, Vice
President, Product Management & Marketing, (905) 625-2298,
mark.yaphe@redknee.com; Redknee Solutions: David Charron, Chief Financial
Officer, (905) 625-2943, david.charron@redknee.com


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