Redknee Honored by Deloitte as One of Canada?s 50 Best Managed Companies in 2006

TORONTO – December 13, 2006 – Redknee Inc., a leading provider of innovative infrastructure software that monetizes and personalizes services and content for mobile users, today announced its fifth consecutive year as a winner of Canada’s 50 Best Managed Companies Program, sponsored by Deloitte, CIBC Commercial Banking, National Post, and Queen’s School of Business.

 “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.

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. This national awards program recognizes the 50 Best companies from a wide range of industries including Technology, Retail, Manufacturing and Services, among others.

 James McSherry, Executive Vice-President and Managing Director at CIBC Commercial Banking added, “Redknee was selected only after participating in an extensive and rigorous due diligence process to identify and assess each company’s management practices. Only Canada’s Best Managed companies make the final cut.”

“Deloitte’s recognition of Redknee is validation of our commitment to the global market as we provide leading-edge technology to help enterprises adapt to changing market conditions and new business models,” said Lucas Skoczkowski, CEO at Redknee. “Being honoured for the fifth year in a row, also reflects our ongoing commitment to our employees to provide an environment conducive to success.”

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.

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.

For more information about Canada’s 50 Best Managed Companies Program, please visit http://www.canadas50best.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/.