Redknee Joins TeleManagement Forum

TORONTO, Ontario – November 9, 2005 – Redknee Inc., a leading global provider of communication software to wireless network operators, today announced its recent membership in the TeleManagement Forum (TM Forum). TM Forum is a global industry body striving to improve the management and operation of information and communications services worldwide, and membership is a pre-requisite for companies doing business in the OSS/BSS industry.

“The mobile and communications industries are evolving and converging at an extraordinary rate,” said Lucas Skoczkowski, CEO, Redknee. “Redknee is excited that we will be able to contribute our accumulated tacit knowledge with respect to real-time analytics, monetization, and personalization to the premier OSS/BSS forum in the context of the rapidly evolving communications environment.”

"The TeleManagement Forum is very pleased to welcome Redknee as a member. With their expertise and innovation in network integration and a wide range of voice and data-centric services, we feel they will make a positive contribution to the work of the TeleManagement Forum and our industry," said Jim Warner, president, TeleManagement Forum.

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 the TeleManagement Forum
For more than 16 years, the TeleManagement Forum (TM Forum) has provided leadership, strategic guidance and practical solutions to improve the management and operation of information and communications networks and services. Through its “Lean Operator” initiative and flagship New Generation Operations Systems and Software (NGOSS) program for developing, procuring and deploying operational and business support systems, the TM Forum creates collaboratively developed, industry standard solutions.

These solutions, delivered through a set of guidelines and specifications, define the direction and specific roadmap to achieve business efficiency and operational flexibility – the hallmarks of the Lean Operator. The TM Forum has over 435 members in 60 countries including incumbent and new-entrant service providers, equipment suppliers, software solution suppliers and systems integrators (SIs).

For further information regarding The TM Forum, related programs and TeleManagement World, please visit www.tmforum.org.