Mr. Lucas Skoczkowski, CEO of Redknee has been Nominated as a Finalist for the Ernst & Young Entrepreneur Of The Year 2004 Awards

Toronto, ON - July 6, 2004 - Today thirty-two entrepreneurs with best in class vision and business insight have been announced the finalists for the Ernst & Young Entrepreneur Of The Year 2004 Awards. Mr. Lucas Skoczkowski, CEO of Redknee is one of the two nominees in the Information Technology category from the Ontario region. Mr. Skoczkowski’s exceptional leadership and innovative methods have been a prime factor in Redknee’s impressive success and growth. He will be honoured at the awards banquet on Thursday, October 7, 2004 at the Metro Toronto Convention Center.

The Entrepreneur of The Year is a global event taking place every year, celebrating and acknowledging the success of some of the most gifted entrepreneurs in various categories world wide. In Canada, Ernst & Young founded the annual Entrepreneur of The Year program in 1994. Five regional Entrepreneur Of The Year recipients are chosen from the Pacific, Prairies, Ontario, Quebec, and Atlantic Canada and from those winners Canada’s Entrepreneur Of The Year is selected. The Canadian representative will then compete globally against the other nominated Entrepreneurs of The Year for the global title.

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 lifetime 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 60 network operators in over 50 countries. Established in 1999, Redknee Solutions Inc.(RKN : AIM) 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/.