Mr. Lucas Skoczkowski, CEO of Redknee Earns Prestigious Business Award

Toronto, Canada - October 13, 2004 - Mr. Lucas Skoczkowski, CEO of Redknee Inc. placed 1st in the Information Technology business category of this years Ernst & Young Entrepreneur of the Year Award for the Ontario Region. Mr. Skoczkowski has been presented with the award and honoured at the banquet and ceremony held at the Metro Toronto Convention Center on October 7th, 2004. Mr. Skoczkowski’s exceptional leadership and innovative business management methods have been a prime factor in Redknee’s impressive and rising success and growth ever since its incorporation in 1999.

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 worldwide. In Canada, Ernst & Young founded the annual Entrepreneur of the Year program in 1994. The top entrepreneurs are awarded 1st place in their respective industry categories and from that pool the five regional finalists are chosen from the Pacific, Prairies, Ontario, Quebec, and Atlantic Canada regions. Amongst the regional 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/.

About Ernst & Young
Ernst & Young, a global leader in professional services, is committed to restoring the public’s trust in professional services firms and in the quality of financial reporting. Its 103,000 people in more than 140 countries around the globe pursue the highest levels of integrity, quality, and professionalism to provide clients with solutions based on financial, transactional, and risk-management knowledge in Ernst & Young’s core services of audit, tax, and transaction advisory services. Ernst & Young practices also provide legal services in some parts of the world where permitted. Further information about Ernst & Young and its approach to a variety of business issues can be found at www.ey.com/perspectives. Ernst & Young refers to all the members of the global Ernst & Young organization.