Redknee Wins CATAAlliance Award for Outstanding Product Achievement
Redknee Recognized for Innovation, Expertise and Leadership in Canada’s Advanced Technology Community

TORONTO — June 21, 2006 — Redknee Inc., a leading provider of innovative infrastructure software that monetizes and personalizes services and content for mobile users, today announced it has received The Canadian Advanced Technology Alliance (CATAAlliance) award for Outstanding Product Achievement in Information Communications Telecom (ICT).

Redknee empowers mobile network operators to maximize their differentiation and revenue with products and solutions for converged billing, IP charging, policy decision making and enhanced location, presence, profile, messaging and mCommerce services. The subscriber experience is improved through Redknee’s self-care, loyalty and analytics that deliver the content and services subscribers want, when they want them.

Software innovations from Redknee enable mobile network operators to deliver value-added services and content to over 207 million subscribers around the world. This translates into 100 million subscriber transactions that are monetized by operators each and every day of the year through Redknee innovations.

“Redknee exemplifies Canadian technology success,” said John Reid, president of the CATAAlliance. “The company’s strong focus on technology innovation has led them to become one of the leading forces of innovation in the wireless communication service provider industry, and this is the result of drive, energy and vision.”

The Outstanding Product Achievement in ICT award is presented to a Canadian organization for an outstanding technology engineering development which has resulted in the production of a world-class product or family of products. The product will have proven itself in operation and its design and market success will have enhanced Canada’s international reputation for innovations and excellence.

“Redknee’s roots are deeply Canadian and our market is truly global,” said Lucas Skoczkowski, CEO of Redknee. “Our innovation is crucial to us, and in combination with our commitment to people and quality, has made Redknee the success it is today. I would like to thank Redknee’s dedicated employees for their role in bringing to fruition technology innovations that have resulted in customer wins from 26 of the world’s leading and most innovative mobile network operators.” 

The CATAAlliance Innovation and Leadership Awards are the most prestigious annual awards conferred on individuals and corporations by Canada’s advanced technology community. They are presented in recognition of exceptional contributions made to the creation of science and technology-based industrial strength in Canada.

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/.