Redknee Named One of Canada's 50 Best Managed Companies

TORONTO – Mar. 19, 2008 - Redknee Solutions Inc. (“Redknee”) (AIM: RKN), a leading provider of innovative software that monetizes and personalizes services and content for mobile operators, today announced that it has requalified to maintain its status as a Best Managed company for 2007. This prestigious national award is sponsored by Deloitte, CIBC Commercial Banking, National Post, and Queen's School of Business. Redknee first achieved top ranking in 2002 and has consecutively requalified for the past 6 years.

“We would like to congratulate Redknee and its entire workforce. Achieving Canada’s highest level of Canadian business excellence takes a united effort and we are privileged to acknowledge such a strong team,” said John Hughes, Partner, Private Company Services group with Deloitte, a national sponsor of the Best Managed program. We believe that there are three vital building blocks to sustainable growth: strategy, capability, and commitment,” added Mr. Hughes. “Redknee has demonstrated it is a model of success in all three areas and is duly awarded one of Canada’s Best Managed.”

Redknee develops and licenses communications infrastructure software and provides related professional services to more than 60 mobile communications service providers in more than 50 countries. Redknee’s software solutions have been well recognized by top industry analysts as robust, end-to-end solutions that are both configurable and scalable to meet a high proportion of customer requirements without incremental customization or development. The Redknee team consists of experienced senior personnel in all key areas of its management and operations.

“The Best Managed award is a direct result of our employees’ dedication and commitment to the success of Redknee,” said Lucas Skoczkowski, CEO of Redknee. “We are truly honoured to be, once again, among this prestigious group of leading companies. To our clients it demonstrates our ongoing commitment to excellence in delivering quality products and services.”

Established in 1993, the Canada’s 50 Best Managed Companies is a national awards program, recognizing Canadian companies that have implemented world-class business practices and created value in innovative ways. Applications are reviewed by an independent judging panel that evaluates how companies address various business challenges, including new technologies, globalization, brand management, leadership, leveraging and developing core competencies, designing information systems, and hiring the right talent to facilitate growth.

“To be accredited as one of Canada’s 50 Best Managed Companies is a remarkable achievement,” said Calvin Younger, senior vice-president, CIBC Commercial Banking. “This award is a tribute to these companies’ strong leadership, talented workforce and unsurpassed corporate values. They are models of success for companies striving to reach the highest standards.”

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/.