TORONTO, August 10, 2010 /PRNewswire/ -- Redknee , a leading provider of business-critical billing and charging software and solutions for communications service providers, today announced that it has signed a multi-year services contract with a leading EMEA operator to provide on-the-ground support as the communications service provider continues to launch advanced telecoms services to its subscribers in an increasingly competitive market. This agreement comes in addition to multi-million dollar services and upgrades contract that Redknee has also signed in the Americas region. The signing of the services contracts reinforce Redknee's position as the partner of choice for both long-term customers for their converged customer care and billing needs.

As operators roll out next generation networks and experience exponential data growth and increased competition, they are partnering with experienced solution and services providers, such as Redknee, to leverage their global expertise to help reduce the time to market for launching new services as well as the resources required to meet the evolving needs of the business. Implementing best practices and leveraging Redknee's experience from working with service providers, including tier 1 and group operators, Redknee's services bring on-the-ground product marketing, strategic positioning, design, implementation and operational expertise to operators who are looking to maximize the return on their investment as quickly as possible.

Lucas Skoczkowski, Redknee's Chief Executive commented:

Redknee services offering reiterates our commitment to supporting and enhancing our customers business. As we gain market share across the globe, our broad range of services offered directly and in conjunction with our partners give our customers not only the benefits of our award winning real-time monetization products, but access to global experience and expertise. The signing of these new services contracts proves Redknee's successful strategy to continue our investment in solutions that serve the global wireless markets to support the success of our customers and the execution of our growth strategy.

For more information about Redknee and their solutions, please go to 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. 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.com