Redknee Secures Multi-Million Dollar Upgrade With Tier One North American Operator

TORONTO, January 12, 2011 /PRNewswire/ --

- Redknee Upgrade Delivers Subscriber Privacy With Greater Personalization

Redknee (TSX:RKN), a leading provider of business-critical billing and charging software and solutions for communications service providers, is pleased to announce a multi-million dollar upgrade of Unified Profile Server (UPS) by a Tier 1 North American operator. The upgrade will enable the Tier 1 operator to optimize 3rd party content in order to personalize value-added services and generate new revenue streams such as mobile advertising. The need to provide a better customer experience for app users becomes imperative for Tier 1 operators as it is estimated that revenue generated from mobile applications and content in North America alone will exceed CDN$10 billion by 2015.

Lucas Skoczkowski, Redknee's CEO commented:

"The growth of smart phones and mobile applications has set the scene for 3rd party content and value-added services to flourish. Redknee's personalization solutions are enabling this Tier 1 operator to maximize the intelligence held within the subscriber profile to deliver targeted, relevant value-added services and 3rd party content in order to grow revenues and drive profitability. At Redknee, we are continuing our investment in solutions that serve the global wireless markets, supporting the success of our customers and the execution of our growth strategy."

Unified Profile Server provides Tier 1 operators with a robust subscriber privacy, policy and personalization framework that stores, manages and provides controlled access to user Value Added Services (VAS) profile data. This enables Tier 1 operators to maximize new revenue streams generated from Over-the-Top mobile services and smartphone applications, such as games, social networking and enterprise applications, and manage user privacy and policies, while reducing existing operational costs. With UPS 3.0, this Tier 1 operator is able to deliver a more personalized offering to its customers by defining specific privacy policies for network enablers such as Social Networking, Mobile Advertising, Presence, Instant Messenger, and Location Based Services. Using Redknee's self-care platform, subscribers are empowered to determine which applications, co-workers and friends can access their personal data, and can also control which applications they do not wish their location to be given to, such as navigation services, or targeted marketing, should they not wish to opt in. By managing and unifying all subscriber VAS profiles within a converged platform, operators also benefit from reduced operational costs and process efficiencies. Redknee's Unified Profile Server supports multiple leading operators in North America and Western Europe, serving more than 125 million subscribers.

For more information visit 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.

    
    For further information:

    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