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Vodacom Group Signs Multi-Million Dollar Order to Upgrade Charging Platform

TORONTO – February 3, 2015 Redknee Solutions Inc. (TSX: RKN), a leading provider of real-time monetization and subscriber management software, is pleased to announce that Vodacom, a leading South African operator has signed a multi-million dollar order to upgrade to the latest version of Redknee Unified. With Redknee’s flexible billing, charging and rating platform, Vodacom is able to launch advanced products, promotions and new service offerings to its subscribers, target new market segments, and support its data/LTE growth strategy. This deal highlights Redknee’s capability and expertise to enable Tier 1 operators and communications service providers (CSPs) with the benefits of its flexible, scalable solution, which provides fast time-to-market to launch new innovative services and offerings from a centralized platform.

To maintain its market-leading position, Vodacom required a solution that would allow it to quickly deliver and monetize differentiated services to its customers. With Redknee Unified, Vodacom is equipped to maximize the value of its network and increase profitability. Redknee’s real-time converged billing and charging platform provides multi-tenancy capabilities, enabling Vodacom to host multiple operations, like Vodacom Lesotho and others, from a single platform. The solution allows Vodacom to reduce operating costs, enhance the experience of its customers and introduce new revenue generating business models to support future growth objectives, such as diversifying into other industries and cooperating with business partners for M2M communications and the Internet of Things (IoT).

Lucas Skoczkowski, CEO, Redknee commented:
“Redknee is pleased to support Vodacom’s growth and data monetization strategy with the latest release of Redknee Unified. Service providers that operate in a highly competitive environment like Vodacom are looking for ways to differentiate their offerings and accelerate service provisioning in order to launch innovative data services faster to the market. With Redknee’s billing and customer care solution Vodacom is able to increase customer loyalty, increase revenues and improve profitability. Through our ongoing investment in real-time monetization and subscriber management solutions, Redknee is providing Tier 1 service providers with flexible, scalable solutions that support aggressive growth strategies.”

Redknee enables communications service providers (CSPs) to monetize and optimize the subscriber experience across the entire customer lifecycle. From activation and provisioning, to supporting a 360 degree view of the customer’s usage, preferences, and integration with third party social media sites, to empowering customers with self-care tools and the ability to pay for services on the go, Redknee offers one of the most comprehensive real-time converged charging, policy management, billing and customer care solutions in the industry. Redknee’s highly scalable and flexible solutions enable CSPs to monetize third party relationships and content, support resellers and dealers and launch multi-country operations quickly, effectively and with a low total cost of ownership. Available on premise, cloud-based and as a Software-as-a-Service offering, Redknee delivers a complete monetization and subscriber management solution to more than 200 service providers, including some of the largest Tier 1 operators in the world.
Media Enquiries: media@redknee.com

About Redknee:
Redknee monetizes today's digital world for communications service providers. Our market-leading portfolio of monetization and subscriber management solutions includes real-time billing, charging, policy and customer care modules and is available on premise, cloud-based, or as Software-as-a-Service. With a central focus on driving customer success, Redknee's products power growth and innovation for operators globally. Established in 1999, Redknee Solutions Inc. (TSX: RKN) can be found on the Toronto Stock Exchange. For more information about Redknee, please go to www.redknee.com.


For additional information please contact:

Redknee Solutions:

Kristin Donelson
Kristin.Donelson@redknee.com
+1 905 625 2190

Investor Relations:
Katelynn Thissen
NATIONAL | Equicom
T: (416) 848-1427
kthissen@national.ca