FierceWireless Awards Redknee as One of the "Fierce 15" Wireless Companies of 2006

TORONTO – May 10, 2006 – Redknee announced today it has been named to FierceWireless’ annual Fierce 15 list. This distinction honors Redknee as one of the top 15 emerging wireless companies for 2006. FierceWireless is an internationally recognized email newsletter for the wireless industry, providing more than 73,000 executives in over 100 countries with a quick, authoritative briefing on the day's top wireless stories and markets.

"Redknee has taken personalized services to the next level, helping carriers monetize its value-added offerings and making them a perfect candidate for the Fierce 15 this year," said Lynnette Luna, editor of Fierce Wireless.

"The wireless industry depends on FierceWireless to provide the most up-to-date news along with the trends and happenings on a daily basis," said Lucas Skoczkowski, CEO of Redknee. "Our team is very proud that Redknee has been selected to the Fierce 15 list. I believe that Redknee is well positioned to continue to build on our success to date, while ensuring that we continue to set new benchmarks in the wireless industry."

The Fierce 15 celebrates the spirit of being "fierce" – championing innovation and creativity, even in the face of intense competition. The complete list of Fierce 15 companies is available in today’s issue of FierceWireless and on the FierceWireless Web site at http://www.fiercewireless.com.

About FierceMarkets
FierceMarkets is a Washington, DC-based e-publishing company that provides critical market information for elite business decision-makers in specialized industries. FierceMarkets publications reach more than 350,000 top-level executives in over 100 countries every business day. Current newsletters include FierceBiotech (http://www.fiercebiotech.com), FierceCIO (http://fiercecio.com ), FierceDeveloper (http://www.fiercedeveloper.com), FierceEnterprise (http://www.fierceenterprise.com), FierceFinance (http://www.fiercefinance.com), FierceHealthcare (http://www.fiercehealthcare.com), FierceIPTV (http://www.fierceiptv.com), FierceMobileContent (http://www.fiercemobilecontent.com), FierceVoIP (http://www.fiercevoip.com), FierceWiFi (http://www.fiercewifi.com), FierceWireless (http://www.fiercewireless.com), and IT-Wireless (http://www.it-wireless.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/.