Redknee Recognized by Deloitte as One of Canada's 50 Best Managed Companies
-- Redknee’s Innovative and Efficient Practices Earn Continued Recognition

TORONTO, CANADA – February 22, 2006 – Redknee Inc., a leading provider of innovative infrastructure software that monetizes and personalizes services and content for mobile users, today announced its fourth consecutive year as a winner of Canada’s 50 Best Managed Companies Program, sponsored by Deloitte & Touche, CIBC Commercial Banking, National Post, and Queen’s School of Business.

Redknee was recognized for its innovation, creativity, and flexibility that enabled the organization to address various business challenges, advance new technologies, develop core competencies, and hire the right talent to facilitate growth.

“This award is a great recognition for our whole company. Our management team and every employee of our global organization takes great pride in the fact that we have been selected as one of Canada’s 50 Best Managed Companies,” said Lucas Skoczkowski, CEO of Redknee. “I believe that our global team is well positioned to continue to build on the success to date, while ensuring that we set new high benchmarks in our industry.”

“Why was Redknee named one of Canada’s 50 Best Managed Companies? Passion for change, innovation in applying leading business practices, and an ability to motivate employees were among the many characteristics that distinguished Redknee,” explained John Hughes, Partner, Private Company Services group with Deloitte, a national sponsor of the Best Managed program.

In 2005, Deloitte also awarded Redknee with the GrowthWorks Leadership Award and ranked it 17th in the Canadian Technology Fast 50 Program and 183rd in the Technology Fast 500 North America Program.

Established in 1993, Canada’s 50 Best Managed Companies is one of the country’s leading business awards programs, recognizing excellence in Canadian-owned and managed companies with revenues over $10 million. Every year, hundreds of entrepreneurial companies compete for this designation in a rigorous and independent process that evaluates the caliber of their management abilities and practices. Additional information is available on the World Wide Web at http://www.canadas50best.com.

The 2005 Best Managed companies collectively account for consolidated sales of over $7 billion in 2005, with sales growth of more than 25 percent over the last 2 years.

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 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.

Deloitte & Touche USA LLP is the US member firm of Deloitte Touche Tohmatsu. In the US, services are provided by the subsidiaries of Deloitte & Touche USA LLP (Deloitte & Touche LLP, Deloitte Consulting LLP, Deloitte Financial Advisory Services LLP, Deloitte Tax LLP and their subsidiaries), and not by Deloitte & Touche USA LLP.