TORONTO, January 29 /PRNewswire/ --

- Redknee Solutions Inc. ("Redknee" or "the Company")

- Annual OSS/BSS "Rat Pack" List Recognizes Solid Performers Best
Positioned to Meet Service Provider Needs in Dynamic Market

Redknee (TSX: RKN ; AIM: RKN), a leading provider of mission-critical
software and solutions for communications service providers, today announced
that it has been named one of Stratecast's ten leading OSS/BSS companies to
watch in 2009. The annual "Rat Pack" list is compiled by Stratecast, a
division of Frost & Sullivan, and recognizes solid industry performers that
work well both individually and through partnerships to satisfy the needs of
communications service providers in a rapidly changing business environment.

As networks become increasingly complex and a growing number of
subscribers continue to demand more personalized services, network operators
have unique market needs that require support from vendors that can deliver
innovative solutions and capabilities.

Lucas Skoczkowski, CEO of Redknee, commented:

"Redknee is focused on bringing innovative products and services to the
market that result in a competitive advantage for each customer's business.
Being named by Stratecast as a top company to watch is an honor that
validates our disciplined approach to executing on our corporate strategy."

According to Stratecast, key network operator objectives for 2009 include
responsiveness and being interoperable with the ability to leverage existing
assets and reduce costs. Stratecast states that companies with the "Rat Pack"
mentality can help network operators meet these objectives, as they possess
the necessary agility, deliver a well-defined, clearly differentiated market
offering, and promote a culture of innovation.

"As network operators enter a new era of network and service complexity,
razor thin margins, and non-traditional competition, there are operational
challenges beyond anything that most have ever experienced," said Karl
Whitelock, Senior Consulting Analyst, Stratecast, a division of Frost &
Sullivan.. "Business solutions that can meet subscriber demands and overcome
the rising tide of market challenges are in critical need by the service
provider community. As network operators continue to look for innovation from
the industry's OSS/BSS suppliers, companies such as Redknee are
well-positioned to meet these needs."

For more information about Redknee, 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.

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 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/.

For additional information please contact:

Media Relations Contact:
    Simon Marshall
    Mi liberty
    +1-770-919-7366
    smarshall@miliberty.com
 
    Mark Yaphe, Vice President, Product Management & Marketing
    +1-905-625-2298
    mark.yaphe@redknee.com
 
    Nomad:
    Canaccord Adams Limited
    Ryan Gaffney/Andrew Chubb
    +44-(0)207-050-6500

    Financial Public Relations:
    Jeremy Garcia
    Buchanan Communications
    +44-(0)207-466-5000
    jeremyg@buchanan.uk.com

    Redknee Solutions:
    Colley Clarke, Chief Financial Officer
    +1-905-625-2604
    colley.clarke@redknee.com