TORONTO, July 7 /PRNewswire/ --

- Redknee's Service Bureau to Provide Wholesale Billing and Content Settlement
for Tier-1 Wireless Operator

Redknee (TSX:RKN), a leading provider of business-critical billing and charging
software and solutions for communications service providers, announced that a
leading Tier-1 operator from the Asia Pacific (APAC) region has selected
Redknee's InBill solution to manage its wholesale billing with its Mobile
Virtual Network Operator (MVNO) partners through Redknee's service bureau
operations. The operator joins an extensive line-up of service providers who
leverage Redknee's wholesale billing expertise to maximize the value of their
networks by effectively and efficiently managing multi-party settlements.

The operator maintains a large wholesale division, providing telecommunications
services to other service providers and carriers around the globe. As a result,
it required a complete wholesale billing solution that supported multiple
business models and addressed multi-party settlement requirements.

InBill's solution service bureau offering provides the operator with the tools
and expertise to achieve converged settlement, the ability to process event
records from any source, enhanced reporting and an independent tool for revenue
assurance. Redknee's service bureau is a cost-efficient model for the operator,
delivering a turnkey wholesale billing solution that is reliable and scalable to
meet the growing needs of its business.

InBill is part of Redknee's portfolio of monetization solutions, which includes
Redknee's flagship Turnkey Converged Billing solution. InBill helps service
providers maximize the value of their network with a comprehensive and
cost-effective interconnect, wholesale, MVNO, and content settlement software
solution. Based on almost a decade of proven reliability to resolve and
reconcile disputes rapidly, InBill provides the platform for other
telecommunications software solutions such as fraud detection, network auditing,
revenue assurance, best-cost routing and other network analysis and management

We are pleased to be selected as the provider of choice for this leading
operator's wholesale billing and content settlement needs. Redknee remains
committed to delivering our software solutions through both traditional license
and service bureau business models, Lucas Skoczkowski, Redknee's CEO stated.
This new contract further advances Redknee's strategy of growing our business
both organically and through acquisition, as we focus on expanding our global
customer footprint and increasing recurring revenue.

For more information about Redknee, visit

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

Caution Regarding Forward-Looking Information:

This release contains forward-looking information within the meaning of
applicable securities laws (forward-looking statements) that include Redknee's
preliminary unaudited estimate of revenue expected to be realized in fiscal 2009
from an order and product performance. Such forward-looking statements are not
promises or guarantees and involve known and unknown risks, uncertainties and
other factors and assumptions that may cause the actual results, performance or
achievements of Redknee, or developments in Redknee's business or industry, to
differ materially from the anticipated results, performance or achievements or
developments expressed or implied by such forward-looking statements. Such
factors include, but are not limited to: deployment scheduling, product
performance, technological change and changes in the industry in which Redknee
competes; changing global economic conditions and uncertainties; the impact of
foreign currency exchange rates; credit and collection risk; departure of key
personnel; departures of key customers; and other risks detailed from time to
time in the Company's filings with the Ontario Securities Commission including
Redknee's Annual Information Form dated for the fiscal year ended September 30,
2008 and filed on Readers are cautioned not to place undue
reliance upon any such forward-looking statements, which speak only as of the
date made. Forward-looking statements are provided for the purpose of providing
information about management's current expectations and plans relating to the
future. Readers are cautioned that such information may not be appropriate for
other purposes. Redknee does not undertake or accept any obligation or
undertaking to release publicly any updates or revisions to any forward-looking
statements to reflect any change in its expectations or any change in events,
conditions or circumstances on which any such statement is based, except as
required by law.

For further information: Media Relations Contact: Ashleigh Young, Mi liberty,
+44(0)20-7751-4444,; Mark Yaphe, Vice President, Product
Management Marketing, +1-905-625-2298,; Redknee
Solutions: David Charron, Chief Financial Officer, +1-905-625-2943,; Investor Relations: Isabel Fernandes-Cunha,
+1-905-625-2421, or

SOURCE: Redknee Solutions Inc.

For further information: Media Relations Contact: Ashleigh Young, Mi liberty,
+44(0)20-7751-4444,; Mark Yaphe, Vice President, Product
Management Marketing, +1-905-625-2298,; Redknee
Solutions: David Charron, Chief Financial Officer, +1-905-625-2943,; Investor Relations: Isabel Fernandes-Cunha,
+1-905-625-2421, or