Lucas Skoczkowski, CEO of Redknee Awarded Canada's Top 40 Under 40™

Toronto, CANADA – May 3, 2005 - Redknee Inc., a leading global provider of communication software to wireless telecommunication network operators, today announced that Redknee CEO, Lucas Skoczkowski has been recognized as Canada’s Top 40 Under 40™. This national program honours Canadian leaders who have reached a significant level of success under the age of 40. All recipients have achieved vision and leadership; innovation and achievement; impact; growth/development strategy; and community involvement and contribution.

As Redknee’s founder and its first employee, Lucas has been directing the execution of all Redknee’s business activities and corporate operations since 1999. Lucas has personally overseen the evolution of Redknee from a four-person startup to a 275+ employee global organization, successfully serving 185+ million subscribers in over 25 global customers such as Vodafone, T-Mobile, O2 Group, Bell Canada, and Rogers.

”The organization’s drive and motivation to create truly innovative, top quality products and solutions lies at the very foundation of Redknee’s success. We have achieved top growth status as a high technology company during a period when most other companies have failed or achieved disappointing results. I am very excited with our success to date and more importantly the excellent team we have been able to bring together!” said Lucas Skoczkowski, CEO of Redknee.

Since inception, Redknee Inc. has continuously been distinguished as “50 Best Managed Companies in Canada”, “Top 50 Profit” and “Branham 300 - ranked 5th in Top Canadian Wireless Organizations by Branham Group”. Due to his exceptional leadership, Lucas has been honored the Ernst and Young 2004 Entrepreneur of the Year award in the IT category. Lucas was a national recipient of the Canadian Merit Scholarship Foundation and he holds a BSc in Electrical Engineering from University of Waterloo, Canada.

*Please see The Globe and Mail and Report on Business Magazine for detailed announcement.


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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/.