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BSS (inc. billing, revenue assurance)

Redknee Wins APAC Deal

TORONTO -- Redknee Solutions, Inc. (TSX: RKN), a leading provider of business-critical billing and charging software and solutions for communications service providers, is pleased to report that it has signed a new multi-million dollar contract to deploy its wholesale billing and settlement solution. This new contract highlights Redknee’s growing presence in APAC, following a recent new customer win in Japan and multiple customer license expansions secured across the region.

Deployed either in the cloud or on-premise, Redknee enables communication service providers (CSPs) to maximize the value of their network with a comprehensive and cost-effective interconnect, wholesale, MVNO and content settlement software solution. Its comprehensive monitoring and reporting features are being leveraged by service providers across the globe for fraud detection, network auditing, best-cost routing and other network analysis and management purposes ensuring CSPs have a pinpoint understanding of the value of the network; can quickly resolve disputes; and as obtain valuable marketing feedback. Its scalable architecture supports the rating and settlement of billions of events a day at Tier 1 service providers across the globe.

“Redknee continues to gain market share in Asia Pacific, driven by the rapid growth in subscriber numbers across the region and the need by service providers to monetize new services as quickly and effectively as possible,” commented Lucas Skoczkowski, Redknee’s CEO. “This new deployment is further testimony to the agility Redknee brings to our clients to support their business models, market requirements and scalability needs. At Redknee, we continue to invest in developing cloud-based and on-premise monetization solutions to enable service providers to increase revenues, improve the customer experience and grow profitability.”

Redknee Inc. (Toronto TSX: RKN)

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