TORONTO, Canada, July 21 --
- Global Award Recognizes Redknee for Emerging as Competitor to the Established
OSS/BSS Elite
Redknee (TSX:RKN), a leading provider of business-critical billing and charging
software and solutions for communications service providers, has been presented
the Stratecast Global OSS/BSS Top 10 to Watch Award. This recognition is awarded
to agile and well-managed companies that have emerged as real competitors to the
established OSS/BSS elite.
According to Stratecast, in the midst of consolidation of service providers and
OSS/BSS vendors into larger and larger companies, there is a breed of company
making its presence felt in the service provider OSS/BSS market. This award
recognizes the success of these companies and their commitment to innovation.
Lucas Skoczkowski, CEO of Redknee, commented: Redknee has the expertise,
dedication and innovative product offerings to meet the challenges of both
high-growth and established communications service providers around the world.
We are honored to be recognized by Stratecast as a Top 10 to Watch company. We
continue to focus our efforts on bringing the very best solutions to market, to
create sustainable competitive advantage for our growing customer base.
Stratecast specifically recognized Redknee for delivering a well-defined and
clearly differentiated product offering, along with a level of agility and a
culture of innovation that stands out amongst a sea of competition around the
globe. As networks and operations grow increasingly complex and more subscribers
continue to clamor for personalized services, it is these qualities that give
service providers the support they need to thrive.
Karl Whitelock, Senior Analyst, Frost Sullivan - Stratecast Division, added:
Redknee has thrived on its ability to develop innovative solutions that have
been proven and refined through a myriad of customer installations. Its ongoing
success and continued growth, despite a faltering economy, is a result of
helping its customers differentiate service offerings in some of the most
competitive markets in the world. Redknee is a company to watch as the billing
market continues to evolve.
For more information about Redknee, visit http://www.redknee.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 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 70 network operators in over
50 countries. References to Redknee refer to the combined operations of the
parent Redknee Solutions Inc, and all wholly owned subsidiaries. For more
information, visit http://www.redknee.com.
About Stratecast/Frost Sullivan
Frost Sullivan, a global growth consulting company, has been partnering with
clients to support the development of innovative strategies for more than 40
years. The company’s industry expertise integrates growth consulting,
growth partnership services, and corporate management training to identify and
develop opportunities. Frost Sullivan serves an extensive clientele that
includes Global 1000 companies, emerging companies, and the investment community
by providing comprehensive industry coverage that reflects a unique global
perspective and combines ongoing analysis of markets, technologies,
econometrics, and demographics. The Stratecast Division focuses on strategic
forecasting and strategy for the Telecom/IT sector. For more information, visit
http://www.awards.frost.com.
For further information: Media Relations Contact: Ashleigh Young, Mi liberty,
+44(0)20-7751-4444, ayoung@miliberty.com; Mark Yaphe, Vice President, Product
Management Marketing, +1-905-625-2298, mark.yaphe@redknee.com; Redknee
Solutions: David Charron, Chief Financial Officer, +1-905-625-2943,
david.charron@redknee.com; Investor Relations: Isabel Fernandes-Cunha,
+1-905-625-2421, isabel.fernandes@redknee,com or investor_relations@redknee.com
SOURCE: Redknee Solutions Inc.
For further information: Media Relations Contact: Ashleigh Young, Mi liberty,
+44(0)20-7751-4444, ayoung@miliberty.com; Mark Yaphe, Vice President, Product
Management Marketing, +1-905-625-2298, mark.yaphe@redknee.com; Redknee
Solutions: David Charron, Chief Financial Officer, +1-905-625-2943,
david.charron@redknee.com; Investor Relations: Isabel Fernandes-Cunha,
+1-905-625-2421, isabel.fernandes@redknee,com or investor_relations@redknee.com
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