Telekom Brunei Launches Advanced Wholesale Services with Redknee

FURTHER INVESTMENT ENHANCES PARTNER SETTLEMENT AND MINIMIZES REVENUE LEAKAGE

TORONTO, April 15 /PRNewswire-FirstCall/ - Redknee (www.redknee.com/) (TSX:RKN), a leading provider of business-critical billing and charging software and solutions for communications service providers, today announced that Brunei's premier telecoms operator, Telekom Brunei Berhad (TelBru), is already experiencing the benefits of its upgrade to Redknee's interconnect billing solution, InBill (www.redknee.com/products/inbill?PHPSESSID=c7e6783453be8672326d605374a7594c). Since its launch of the upgraded solution in January 2010, TelBru is maximizing the value of its fixed line network by effectively and efficiently managing multi-party wholesale billing settlements and better detection of revenue leakage.

TelBru's upgrade to Redknee's latest release of InBill was in response to its growing fixed line traffic and evolving interconnect requirements due to the expansion of its network of partners and the rollout of new services. The flexible and highly scalable interconnect billing solution enables TelBru to address its changing market needs and supports the launch of innovative service offerings, such as fixed line prepaid services and voice over IP. In addition, due to the enhanced performance and seamless workflow, TelBru is experiencing significantly faster resolution of settlement agreements and improved accuracy and processing of reports, allowing TelBru to reassign resources and concentrate on its customers.

Lucas Skoczkowski, CEO, Redknee said:

"This further investment validates Redknee's proven experience in delivering market leading monetization solutions, which enable our customers to respond to their changing needs. At Redknee, we are continuing our investment in solutions that serve 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 success of our customers and the execution of our growth strategy."

InBill is part of Redknee's portfolio of monetization solutions, which provides operators with greater visibility into network transactions in order to achieve converged settlement and accurate interconnect billing. InBill helps service providers maximize the value of their network with a comprehensive and cost-effective interconnect, wholesale, MVNO and content settlement software solution. Based on a decade of proven reliability to resolve and reconcile disputes rapidly, InBill can address multi-party settlement requirements and manage the most complex interconnect agreements, resulting in more accurate wholesale billing and better dispute resolution. Additionally, InBill's advanced reporting capabilities help operators confidently make strategic decisions using data they have difficulty finding elsewhere. Through its InBill solution, Redknee is supporting the wholesale billing needs of service providers, including tier 1 operators, in the EMEA, APAC and Americas regions.

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

About TelBru:

TelBru, the Brunei's premier telecommunication company, provides comprehensive ICT services to Brunei Darussalam estimated population of 370,000 people. Being the pioneer of broadband technology through deployment of NGN, TelBru remain steadfast to the convergence of facilities and infrastructures advancement in the country, whilst seeking opportunities for strategic investments internationally.

SOURCE Redknee Solutions Inc.