TORONTO, December 17 /PRNewswire/ --
- Redknee continues to build momentum in the global satellite industry
Redknee (TSX /AIM: RKN), a leading provider of mission-critical software and solutions for communications service providers, today announces that Inmarsat, plc (Inmarsat), the leading provider of global mobile satellite communications services, has launched Redknee's real-time Turnkey Converged Billing solution to address the prepaid charging needs of its Broadband Global Area Network (BGAN) service.
Redknee successfully won the mandate from Inmarsat (announced on February 11, 2008) to deliver a flexible charging platform for its BGAN service, which is supplied by distributors in a number of geographies. After a competitive tender process, Inmarsat selected Redknee's Turnkey Converged Billing solution because it provides the flexibility required to support its many satellite communications distributors with a number of dynamic pricing plans across a number of services - including voice, SMS and other data services.
According to analyst firm Northern Sky Research (NSR), commercial satellite revenue is expected to increase 56% to $12.9Billion US by 2017. Inmarsat's award-winning BGAN solution delivers up to 492kbps of data anywhere on the planet, and enables Internet access with full audio and video streaming capabilities in some of the most remote regions of the globe. Redknee's Turnkey Converged Billing solution provides Inmarsat with real-time, prepaid charging for voice, messaging and data, along with the ability to integrate fully with its existing client relationship management platform.
Michael Butler, President and COO of Inmarsat, said:
We needed a pre-paid billing solution that would meet our high standards and those of our distribution partners. Redknee's Turnkey Converged Billing solution has met the challenge once again by addressing the billing and charging needs of our innovative BGAN service, with a solution that also provides flexibility to meet future billing requirements.
Lucas Skoczkowski, CEO of Redknee, added:
This is an important launch for Redknee, as it demonstrates the flexibility and robustness of our product based solutions across a diverse client base, in Tier 1 markets as well as high growth markets. Furthermore, we are excited to play a part in helping those in the remotest regions of the world stay connected through voice, messaging, and the mobile Internet.
More than 500 distribution partners and service providers market Inmarsat services around the world, and therefore face a challenge in providing a consistently high level of billing to customers wherever the services are offered. Inmarsat provides branded prepaid vouchers to its partners for selling to customers who need mobile satellite communications, including journalists, aid workers, maritime users, oil and gas exploration teams, and more. Redknee's Turnkey Converged Billing solution transparently manages the separate rating and billing for these distribution partners through Inmarsat, and provides the consistency required by Inmarsat's distribution partners.
The products, solutions, and services described in this release may be subject to certain geographic limitations and restrictions in their use.
For more information about Redknee, visit www.redknee.com.
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 70 network operators in over 50 countries. Established in 1999, Redknee Solutions Inc.(TSX: RKN, AIM: RKN) 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/.
Media Relations: Ashleigh Young, Mi liberty, +44(0)207-751-4444, email@example.com, Mark Yaphe, Vice President, Product Management Marketing, +1-905-625-2298, firstname.lastname@example.org; Nomad: Canaccord Adams Limited, Ryan Gaffney, Andrew Chubb, +44(0)207-050-6500; Financial Public Relations: Jeremy Garcia, Buchanan Communications, +44(0)20-7-466-5000, email@example.com; Redknee Solutions: Colley Clarke, Chief Financial Officer, +1-905-625-2604, firstname.lastname@example.org