An anonymous director reports

REDKNEE SOLUTIONS INC. RESPONDS TO VALSEF LETTER

Redknee Solutions Inc.'s board of directors has received a letter from Valsef Capital and Valsef Trading. Redknee will hold its annual and special general meeting of shareholders of the company as scheduled on Wednesday, March 29, at 10 a.m.

Neil Chander has withdrawn his candidacy as a nominee for the election of directors at the meeting. The company has also been advised that Invesco Canada Ltd. intends to nominate Keith Graham as a director to the board at the meeting. Mr. Graham is the founder of Rondeau Capital Inc. and has more than 25 years of senior-level investment management experience. Mr. Graham is a chartered financial analyst (CFA) charterholder and earned an MBA from the Ivey School of Business at the University of Western Ontario. The members of the company's nomination and governance committee have met with Mr. Graham and are supportive of his nomination. Additionally, ESW Capital has informed the company that it intends to vote for the election of Mr. Graham.

About Redknee Solutions Inc.

Redknee monetizes today's digital world. The company provides a complete portfolio of mission-critical monetization and subscriber management solutions, including real-time billing, charging, policy and customer care modules, which allow communications service providers to charge for things in new and innovative ways and create a unique user experience. 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.