TORONTO, November 16, 2010 /PRNewswire/ -- Redknee (http://www.redknee.com/), a leading provider of business-critical billing and charging software and solutions for communications service providers, announced today that it has been recognized by Technology Marketing Corporation (TMC) as a recipient of the 2010 INTERNET TELEPHONY Excellence Award (http://www.tmcnet.com/news/2010/11/09/5126655.htm). This is the second consecutive year that TMC has recognized Redknee for its outstanding achievements in IP communications solutions in TMC's annual Excellence Awards.

"The editors of INTERNET TELEPHONY were pleased to grant Redknee with an INTERNET TELEPHONY Excellence Award for their achievements in advancing IP communications and providing genuine solutions in the marketplace. Redknee has proven its outstanding contribution to IP communications and delivered winning solutions for its customers," said Erik Linask (http://blog.tmcnet.com/convergence-corner), Group Editorial Director of INTERNET TELEPHONY.

A module of Redknee's Turnkey Converged Billing solution, Airtime Reseller, is enabling service providers to deliver an enhanced customer experience, whilst reducing operating costs associated with the distribution of retail vouchers and physical top-up cards. Redknee's real-time converged billing solutions extend beyond traditional billing and function as a merchandising platform that optimizes and improves the overall subscriber service experience. As a result, network operators can better manage partner relationships, quickly roll out new services and deliver targeted, real-time promotions to their subscribers. From activation and provisioning, to real-time rating, billing, invoicing, partner management, airtime reseller services, and full customer care capabilities, Redknee's converged billing solutions expertly address the needs of network operators throughout the world's high growth markets.

Lucas Skoczkowski, Redknee' CEO commented:

"This latest recognition is testament to Redknee's strong focus and commitment to enabling our customers to deliver an advanced customer experience, drive revenue and increase profitability. At Redknee, we continue to invest in real-time billing and customer care solutions to support the growth of mobile, broadband, content and cloud services around the world."

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 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 90 network operators in over 50 countries. Established in 1999, Redknee Solutions Inc. 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/.

For further information: Redknee Solutions: Humera Malik, Director of Global Marketing +1-905-625-2102 humera.malik@redknee.com Redknee Solutions: David Charron, Chief Financial Officer +1-905-625-2943 Investor Relations: Investor_relations@redknee.com

SOURCE: Redknee Solutions Inc.

CONTACT: For further information: Redknee Solutions: Humera Malik,Director of Global Marketing, +1-905-625-2102, humera.malik@redknee.com;Redknee Solutions: David Charron, Chief Financial Officer, +1-905-625-2943;Investor Relations: Investor_relations@redknee.co,