Successful Redknee and Microsoft Partnership Secures Multiple Converged Billing Deals

TORONTO and BARCELONA, Spain, February 15, 2011 /PRNewswire/ --

- Redknee's Solution With Microsoft Dynamics CRM Attracts New Customer Wins

Redknee (http://www.redknee.com/) (TSX:RKN), a leading provider of business-critical billing and charging software and solutions for communications service providers, is pleased to report in just one year after revealing its partnership with Microsoft it has secured multiple billing transformation deals. Announced at Mobile World Congress 2010, the alliance between Redknee and Microsoft Dynamics brought the first real-time expanded converged billing and customer care solution that enables operators to launch new services with fast time-to-market, improved business decision making through advanced reporting and analytics and lower total cost of ownership.

Operators have been impressed by the collaboration between the two leading solution providers, which has resulted in fast growing companies selecting Redknee's Turnkey Converged Billing, with Microsoft Dynamics CRM, for their billing transformation projects. DST, a leading mobile operator based in APAC, is one of the latest operators to select Redknee to lead their transformation projects as they launch next generation services to their customers.

Idris T Vasi, CEO of DST Group commented:

"We selected Redknee due to its strong capabilities in converged billing and customer care. As a leader in this space, we see our relationship with Redknee as a long term strategic partnership as we transform our networks and technologies."

Lucas Skoczkowski, Redknee's CEO commented:

"We are pleased to be working operators, such as DST, as they embark on their transformation projects to support the launch of their next generation networks and services. Our partnership with Microsoft is growing and Redknee continues to increase its market share through its focus on real-time monetization solutions to support the growth of data content for wireless and fixed subscribers around the world."

Doug Kennedy, vice president, Microsoft Dynamics Partners commented:

"Service providers are increasingly looking to transform their operations and business models to deliver new services to market faster and at a lower cost. Microsoft Dynamics offers flexible and scalable solutions that partners such as Redknee can customize to enable service providers to reduce time to market for new offerings, improve the subscriber experience and ultimately monetize high-value services at a time of increased competitive pressures and tightening margins."

For more information about Redknee and their solutions, please go to http://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 90 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.

About DST Group:

As one of Brunei's leading private enterprises, DST Group affirms our continuing commitment to providing our customers the best available products and services in information, communications and entertainment. Today we are a diverse group providing mobile services, broadband, broadcasting and content. Datastream Technology Sdn Bhd is the Holding company that supports the Group subsidiaries' operations. DST Group's flagship subsidiary, DST Communications Sdn Bhd (DSTCom) provides the country's 2G, 2.5G and 3G mobile services as well as Mobile Broadband on a nationwide HSPA Broadband network.

    
    For additional information please contact:

    Redknee Solutions: 

    Humera Malik, Director of Global Marketing
    +1-905-625-2102 
    humera.malik@redknee.com
    
    Redknee Solutions:
    David Charron, Chief Financial Officer
    +1-905-625-2943

    Investor Relations:
    Investor_relations@redknee.com