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Bintel Group Awards Redknee License Expansion

Poster: SySAdmin
Posted on March 2, 2010 at 7:07:01 AM
Bintel Group Awards Redknee License Expansion

TORONTO, March 2, 2010--

    - Redknee Supports Growth of Bintel Operation in Gabon

    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.

    For further information: Media Relations Contact: Rachael Parker, Mi
liberty, +44(0)20-7751-4444, rparker@miliberty.com; Humera Malik, Director of
Marketing and Product Management, +1-905-625-2102, humera.malik@redknee.com;
Redknee Solutions: David Charron, Chief Financial Officer, +1-905-625-2943;
Investor Relations: Isabel Fernandes-Cunha, +1-905-625-2421,
isabel.fernandes@redknee.com or investor_relations@redknee.com

Source: Redknee Solutions Inc.

For further information: Media Relations Contact: Rachael Parker, Mi liberty, +44(0)20-7751-4444, rparker@miliberty.com; Humera Malik, Director of Marketing and Product Management, +1-905-625-2102, humera.malik@redknee.com; Redknee Solutions: David Charron, Chief Financial Officer, +1-905-625-2943; Investor Relations: Isabel Fernandes-Cunha, +1-905-625-2421, isabel.fernandes@redknee.com or investor_relations@redknee.com
 
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