Ms. Danielle Royston reports

REDKNEE CREATES OPERATIONAL EFFICIENCY AND ENABLES NEW SERVICE OFFERINGS AT TIER 1 SERVICE PROVIDER IN THE UK

A large Tier 1 telecommunications operator in Europe will make a multimillion-dollar investment in Redknee Solutions Inc.'s Redknee Unified, as part of the operator's plan to improve and simplify its architecture and achieve a 20-per-cent reduction in operational expenditure. The investment will enhance the existing Redknee service creation platform to provide Next Gen DevOps capability to build, test and release new services and features rapidly, frequently and more reliably across multiple brands. Redknee will also consolidate several silo platforms from multiple vendors to harmonize processes and improve the customer experience.

The Redknee platform has already made significant improvements to the customer experience by supporting services such as number translation, international roaming support and prefix correction services. These enhanced platform capabilities streamlines processes to create operational efficiency, reduce time to market, and create competitive advantage by supporting the creation and launch of innovative services. The operator can use its new simplified architecture to launch new revenue streams, improve the quality of services and the overall user experience, while achieving its goal of a 20-per-cent reduction in operational expenditure.

Danielle Royston, chief executive officer of Redknee Solutions, commented: "Redknee works in partnership with telecommunications operators to streamline and simplify operational procedures, optimize cost, and improve the type and quality of services. With Redknee's solution, this telecommunications operator can achieve its goal of 20-per-cent cost reduction, but also improve services for the end-user to create competitive advantage and customer success."

About Redknee Solutions Inc.

Redknee monetizes today's digital world. It 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.