Redknee Named Among Canada's Top 10

TORONTO – September 29, 2008 – Redknee (AIM: RKN), a leading provider of mission-critical software and solutions for communications service providers, is pleased to announce that it has been named as a winner of the 2009 Canada’s Top 10 ™ Competition.

 

Redknee was recognized for its innovative technology platforms as well as the extensive development pipeline that it has identified. Redknee was also acknowledged for its strong business strategy and its implementation, particularly the progress it has made in the high growth markets such as Africa, the Middle East and Asia.

 

As a leading telecommunications software and solutions provider, Redknee is honored to be included in the prestigious list of innovative Canadian companies.

 

“We are very proud to be recognized alongside some of the top players in the industry. This award helps illuminate our significant market achievements  to date and our trajectory  for future success.  Leveraging Canada’s unique mix of entrepreneurial spirit, business innovation and technological expertise positions us very strongly in the global competitive market.” says Lucas Skoczkowski, CEO of Redknee.

 

Canada’s Top 10™ promotes the 10 most promising life science, cleantech and technology sectors in Canada. Winners were chosen by an independent expert panel of Canadian and U.S venture capitalists.  Canada’s Top 10™ is organized by OCRI (Ottawa Centre for Research and Innovation) and presented by Borden Ladner Gervais LLP, the winners include a wide variety of companies from the life science, cleantech and technology sectors.

 

“OCRI is pleased to play an active role in the growth of so many exceptional Canadian companies,” said Michelle Scarborough, Vice President, Investment and Commercialization, OCRI.

 

“This is a successful program as evidenced by the investment in past winners. Through our ongoing outreach to the rest of Canada, the best companies from three key innovation sectors can continue to benefit from exposure to VC’s, other investors and potential strategic partners,” she said.

 

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/.