Redknee Named One of Canada's Fastest Growing Technology Companies in 2005 Deloitte Canadian Technology Fast 50 Program

Credits employees for its 962 Percent Revenue Growth

Toronto, Canada, September 30, 2005 — Redknee Inc. has been named to Deloitte's prestigious Canadian Technology Fast 50, the annual program which recognizes excellence, innovation and the fastest growing tech companies in Canada. Rankings are based on percentage of growth in fiscal year revenues over five years, from 2000–2004.

Redknee's CEO Lucas Skoczkowski, credits innovation and customer focus for the company's impressive growth over the past few years. "Each and every employee made it possible for Redknee to win the GrowthWorks Leadership award in the Software sector; I am truly proud of our team effort,” said Mr. Skoczkowski.

Redknee's increase in revenues of 962 percent from 2000 to 2004 resulted in a 17 ranking overall in the Canadian Technology Fast 50.

“To rank on the Deloitte Technology Fast 50, companies must have phenomenal revenue growth over five years,” said Garry Foster, National Director, Technology, Media & Telecommunications, Deloitte. “Redknee has proven to be one of the fast-growth success stories in Canada, and we applaud their success and vision.”

Winners of the 15 regional Technology Fast 50 programs in the United States and Canada are automatically entered in the Deloitte Technology Fast 500 program, which ranks North America’s top 500 fastest growing technology companies. For more information on the Fast 50 or Fast 500 programs visit
www.fast50.com or www.fast500.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 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 Deloitte
Deloitte, one of Canada's leading professional services firms, provides audit, tax, consulting, and financial advisory services through more than 6,100 people in 47 offices. Deloitte operates in Québec as Samson Bélair/Deloitte & Touche s.e.n.c.r.l. The firm is dedicated to helping its clients and its people excel. Deloitte is the Canadian member firm of Deloitte Touche Tohmatsu. Deloitte refers to one or more of Deloitte Touche Tohmatsu, a Swiss Verein, its member firms, and their respective subsidiaries and affiliates. As a Swiss Verein (association), neither Deloitte Touche Tohmatsu nor any of its member firms has any liability for each other's acts or omissions. Each of the member firms is a separate and independent legal entity operating under the names "Deloitte," "Deloitte & Touche," "Deloitte Touche Tohmatsu," or other related names. Services are provided by the member firms or their subsidiaries or affiliates and not by the Deloitte Touche Tohmatsu Verein.