Redknee Unified Transforms MGI Telecom to Support Growth

TORONTO, Sept. 27, 2016 /CNW/ - Redknee Solutions Inc. (TSX: RKN), a leading provider of real-time monetization and subscriber management software, is pleased to announce that Swiss-based MGI Telecom AG (mgi) recently replaced a legacy solution and launched Redknee Unified. Redknee led a complete transformation, deploying Redknee Unified to add advanced capabilities to enable growth. Redknee's virtualized and cloud-based converged charging and billing platform will support mgi's growth strategy by allowing for the launch of new and innovative real-time cross-service promotions and products. This deal adds to the growing number of service providers utilizing Redknee's monetization and subscriber management solution to minimize risk, reduce cost and reduce time to market for new services.

Redknee's highly scalable and flexible real-time monetization and subscriber management solution provides mgi with the capability to monetize innovative services and to launch new service plans, bundles and products tailored to its customer base. The Redknee solution allows effective payment management for any payment type and innovative customer care and self-care options. For mgi, the solution will improve operational efficiency and profitability.

mgi Managing Partner, Ilija Reymond commented:
"mgi and its affiliates are excited to partner with Redknee, as we move into the next phase of our business strategy replacing a number of legacy systems and migrating our customers to the Redknee platform in a very short period of time. We are pleased to find a partner who understands the challenges and has experience servicing hard to reach and developing areas. With Redknee's converged solution, mgi will launch new revenue generating services to enhance the experience of our customers, and improve our market performance."

Lucas Skoczkowski, Redknee's CEO commented:
"Service providers today are constantly challenged to deliver an improved customer experience and drive profitability. Redknee is pleased to support mgi by providing the software and services to deliver innovative product solutions and improve the customer experience. This agreement demonstrates the agility of Redknee Unified , and signifies our position as the provider of choice for monetization and subscriber management solutions."

About mgi:

Founded in 2002 as a single entity the company that stands today as the mgi Group partnering with leading operators, governments and corporate clients, offering global coverage, providing solutions in voice, messaging, data network and access, as well as consultancy and professional services. Located in Zug, Switzerland with a strong focus on Africa, the Middle East, and South East Asia, mgi has formed strong alliances with Tier 1, incumbent and highly specialized niche operators helping them grow beyond their scope enjoying mgi's expertise and quality of service. With a market driven approach to the telecommunications industry we at mgi are committed to being the right connection for all our partners.

About Redknee:
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: Redknee Solutions: Michaela Radman, Corporate Communications, Michaela.Radman@redknee.com, +1 905 625 2190; Investor Relations: Lawrence Chamberlain, NATIONAL | Equicom, T: (416) 848-1457, lchamberlain@national.ca


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