Bintel Group Awards Redknee License Expansion

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March 2, 2010
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Bintel Group Awards Redknee License Expansion

Redknee Supports Growth of Bintel Operation in Gabon

TORONTO, March 2 -- Redknee (TSX:RKN), a leading provider of business-critical billing and charging software and solutions for communications service providers, today announced it has received an order for a software license expansion for its Turnkey Converged Billing (TCB) and Airtime Reseller solution at Azur, Gabon's newest mobile provider, to support their rapid growth and subscriber acquisition.

Azur Gabon, a subsidiary of Bintel Ltd, has successfully entered the market with a vision of providing the best value, quality voice and data services to the people of Gabon. Redknee's TCB and Airtime Reseller solution are a fundamental part of this strategy, which equips Azur Gabon with a full solution suite that delivers real-time rating, charging, billing and customer care.

"We are excited about Bintel's rapid, ahead-of-schedule growth and the opportunity to expand the license for Redknee's market-leading, turnkey converged billing solution. We look forward to a long-term, strategic partnership with the Bintel Group and supporting its further success in Gabon," said Redknee CEO Lucas Skoczkowski. "At Redknee, we are continuing our investment in the high growth markets of Africa, the Middle East and Asia Pacific, along with the Tier-1 markets of the Americas, Europe and Australia, to support the execution of our growth strategy."

Redknee's Turnkey Converged Billing solution delivers a functionally rich platform that extends beyond basic rating, charging and billing models, enabling operators to differentiate service offerings in competitive markets. The TCB platform provides operators with the ability to launch creative, real-time promotions and incentives to their customers, along with consumer-friendly features that optimize the overall subscriber experience and boost operator productivity and efficiency. A key feature of the TCB platform is Redknee's Airtime Reseller, which enables voucherless, prepaid wireless airtime top-up.

Bruno Valat, General Manager of Azur Gabon stated:

"Bintel has established itself as a leading and innovative telecom operator in Middle East and West Africa within a short time period. Completely in tune with our African markets, we aim to provide innovative and flexible mobile solutions, based on best price, best value as well as the highest level of customer service and network quality. Azur's successful entry into the Gabon market is part of our continued growth in Africa. Redknee's market experience and innovative solutions makes them our partner of choice on billing, CRM and electronic voucher, which additionally ensures that Azur is competitively positioned to provide a wide range of packages and services to our subscribers."

For more information about Redknee and their solutions, please go to http://www.redknee.com.

About Bintel:

Bintel is registered in Jebel Ali - Dubai in 2007, headquartered in Bahrain, and operates in the telecom operations and service providing sector with a current focus on the emerging markets. The company presently has offices in Bahrain, UAE, and Lebanon.

Bintel currently operates two mobile services in Central African Republic since mid 2007 and in Somaliland since mid 2008. Most recently, Bintel launched service in Gabon in October 2009. It holds a majority stake in Swiss-based Telesonique. Bintel has also recently been awarded the 4th telecom license in Congo Brazzaville.

  (http://www.bintel-ltd.com)

  About Redknee:

Redknee is a leading global provider of innovative communication software products, solutions and services. Redknee's award-winning solutions enable operators to monetize the value of each subscriber transaction while personalizing the subscriber experience to meet mainstream, niche and individual market segment requirements. Redknee's revenue generating solutions provide advanced converged billing, rating, charging and policy for voice, messaging and new generation data services to over 70 network operators in over 50 countries. Established in 1999, Redknee Solutions Inc. (TSX: RKN) is the parent of the wholly-owned operating subsidiary Redknee Inc. and its various subsidiaries. References to Redknee refer to the combined operations of those entities. For more information, visit http://www.redknee.com.

Source: Redknee Solutions Inc.
   

CONTACT:  Media Relations Contact: Rachael Parker, Mi liberty, +44 (0)20
7751 4444, rparker@miliberty.com; Humera Malik, Director of Marketing and
Product Management, (905) 625-2102, humera.malik@redknee.com; Redknee
Solutions: David Charron, Chief Financial Officer, (905) 625-2943; Investor
Relations: Isabel Fernandes-Cunha, (905) 625-2421,
isabel.fernandes@redknee.com or investor_relations@redknee.com

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