An anonymous director reports

DEADLINE TO SUBMIT EXEMPT PURCHASER STATUS CERTIFICATES REGARDING REDKNEE SOLUTIONS INC. RIGHTS OFFERING IS TODAY

Redknee Solutions Inc. would like to remind its rights offering shareholders of record that the period to exercise the rights expires at 5 p.m. Toronto time on Aug. 29, 2017. Any rights not exercised on or before the time the rights expire will be void and will have no value. Additionally, the deadline for U.S. holders and other ineligible holders to submit exempt purchaser status certificates to Computershare Investor Services Inc., the rights agent for the rights offering, is Aug. 18, 2017.

All eligible U.S. beneficial holders must confirm their status as accredited investors under Regulation D of the U.S. Securities Act of 1933 and also contact their broker to initiate the process of withdrawing their rights from CDS Clearing and Depository Services Inc., the Canadian depositary system, or the Depository Trust Company, the U.S. depositary system, as applicable, in order to receive a rights certificate and participate in the rights offering. Eligible U.S. beneficial holders holding rights through the DTC must submit their requests to the DTC to withdraw their rights and should work with their brokers to do so. After Aug. 21, 2017, the rights agent will proceed to sell the rights not withdrawn from the DTC in accordance with terms and conditions provided in Redknee's rights offering circular (as defined herein). Eligible U.S. beneficial holders holdings rights through CDS must submit their requests to CDS to withdraw their rights sufficiently in advance of the expiry date and should work with their brokers to do so.

Further details on the rights offering, including eligibility requirements for shareholders to participate and the procedures to be followed by shareholders in order to subscribe for rights, are included in a rights offering circular and rights offering notice, which were filed with securities regulatory authorities in each province and territory of Canada on July 26, 2017. A copy of the rights offering circular and rights offering notice is available on SEDAR.

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The completion of the rights offering is conditional upon the satisfaction of certain conditions, including the approval of the Toronto Stock Exchange.

About Redknee Solutions Inc.

Redknee monetizes today's digital world for communications service providers. The company's market-leading portfolio of monetization and subscriber management solutions includes real-time billing, charging, policy and customer care modules and is available on premise, on the cloud or as a software as a service.