Redknee Wins Light Reading Leading Lights Inaugural Outstanding OSS/BSS Vendor of the Year Award

TORONTO, June 18, 2014 /CNW/ - Redknee Solutions Inc. (TSX: RKN), a leading provider of real-time monetization and subscriber management software, is pleased to announce that Light Reading, a market-leading online media publication for the global communications sector, has presented Redknee with the 2014 Leading Lights Outstanding OSS/BSS Vendor of the Year Award. The 2014 Leading Lights Awards is the first year that Light Reading has presented the OSS/BSS Vendor of the Year award, recognizing the prominent role of OSS/BSS systems to monetize new services, launch new revenue streams and deliver an advanced customer experience.

Ray Le Maistre, Editor-in-Chief, Light Reading commented:
"The standard of the entries in all 16 Leading Lights categories this year was exceptionally high, so the winners have really had to prove themselves worthy with great submissions that have been able to stand up to thorough scrutiny. A Leading Lights award is a true mark of excellence."

Redknee's real-time converged billing and customer care solution addresses billing, charging with integrated policy, promotions, analytics and business intelligence and CRM, all from a single platform. Redknee's solution can be delivered as a cloud model, Software-as-a-Service or on-premise, providing fast time to market and a low risk investment strategy for service providers of all sizes in the communications and connected industries, such as utilities, transportation, and connected homes. Redknee's modular, out-of-the-box solution provides scalability for Tier 1 operators; today it is supporting operators to charge more than 100 million data subscribers in real-time.

Lucas Skoczkowski, Redknee's CEO commented:
"We are pleased to receive the Leading Lights Outstanding OSS/BSS Vendor award, which affirms Redknee's focus and expertise in delivering innovative solutions to enhance our customers' business performance and profitability. Redknee provides a complete solution that equips service providers to launch superior services that advance the customer experience, increase revenue and build a competitive advantage. Winning this award is testament to the passion and dedication of our employees and it encourages us to accelerate our growth strategy to be the provider of choice for real-time monetization solutions for communications and other industries, which are powered by the Internet of Things."

About Redknee
Redknee is a leading global provider of innovative software products, solutions and services. Redknee's award-winning solutions enable service providers to monetize new services, business models and content and to deliver a connected customer experience - through either SaaS or on-premise based solutions. Redknee's real-time monetization and subscriber management platform provides innovative converged charging, billing, policy management and customer care solutions for over 200 communications service providers and is supporting service providers to monetize the growing ecosystem of the Internet of Things. 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 about Redknee and its solutions, please go to www.redknee.com.

SOURCE: Redknee Solutions Inc.