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Enter Symbol
or Name
USA
CA



Redknee Solutions Inc
Symbol RKN
Shares Issued 108,896,609
Close 2014-09-16 C$ 3.66
Market Cap C$ 398,561,589
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Redknee receives $8-million in orders

2014-09-17 07:07 ET - News Release

Mr. Lucas Skoczkowski reports

REDKNEE SIGNS $8 MILLION DOLLARS OF ORDERS WITH OPERATOR IN THE AMERICAS

A leading communications service provider (CSP) in the Americas region has signed orders worth more than $8-million with Redknee Solutions Inc. These new service agreements will enable the CSP to launch innovative data services and increase its competitive position in the market. Redknee supports more than 200 communications service providers and Tier 1 operators across the world to monetize digital services and increase profitability.

With Redknee's support, the CSP is able to improve operational efficiency, reduce costs and launch a wide range of advanced mobile services from a converged monetization platform. Redknee's industry-leading convergent charging solution enables the CSP to deliver personalized offers, distinctive price plans and tariffs, real-time notifications and customer self-care. The CSP can utilize Redknee's highly flexible and scalable solution to enhance the customer experience and provide differentiated services quickly into a competitive market.

Lucas Skoczkowski, chief executive officer of Redknee, commented: "We are pleased to support this leading service provider, an affiliate of a global group operator, to monetize its next-generation services and offerings. These orders demonstrate the confidence Redknee's customers have in our capabilities and solutions to support their data monetization strategies. Redknee's continued commitment to invest in our real-time software will ensure that our customers are the best equipped in the industry to increase revenues, improve profitability and deliver an advanced customer experience."

Redknee enables CSPs to monetize and optimize the subscriber experience across the entire customer life cycle. From activation to provisioning, to supporting a 360-degree view of the customers' usage, preferences and integration with third party social media sites, to empowering customers with self-care tools and the ability to pay for services on the go, Redknee offers one of the most comprehensive real-time converged charging, policy management, billing and customer care solutions in the industry. Redknee's highly scalable and flexible solution enables CSPs to monetize third party relationships and content, support resellers and dealers and launch multicountry operations quickly, effectively and with a low total cost of ownership. Available on premise, cloud based and as a software-as-a-service offering, Redknee delivers a complete monetization and subscriber management solution to more than 200 service providers, including some of the largest Tier 1 operators in the world.

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