TORONTO, April 29 /PRNewswire/ --

- Million-Dollar Deal Sees European Operator Among First to Offer
Subscribers Benefits of Flexible Pricing Plans and Fair-Usage

Redknee (TSX: RKN), a leading provider of mission-critical software and
solutions for communications service providers, today announced that a
European wireless operator will be the first to deploy Redknee's newly
enhanced Next Generation Rating and Charging (NGRC) platform, version 6.0.
Redknee's newest release of NGRC enables operators to provide flexible tiered
offerings and dynamic subscriber controls for mobile data and broadband
services.

Redknee is encouraging operators to roll out flexible tiered pricing
models where the subscriber can choose how to pay for different services by
allocating charges towards prepaid, postpaid or one-time accounts in real
time. By moving away from restricted flat-rate plans, Redknee's NGRC 6.0
provides subscribers with the flexibility to adopt new services, and
operators the ability to provide innovative business models to increase the
adoption of data services.

NGRC 6.0 provides subscribers with the visibility and control they want
with respect to their usage limits. It also gives them the flexibility to
exceed these usage limits with service upgrades or temporary bandwidth
boosting capabilities. With real-time communication between the subscriber
and operator at the time of each initial service transaction, subscribers are
encouraged to manage their own accounts through self-care options, and
ultimately, to better control and manage their communication costs.

The new NGRC 6.0 platform will help drive subscriber adoption of the
operator's 3G network and services, making Internet access available to more
of the region's population. It is anticipated that revenue from this contract
will be realized in Redknee's 2009 fiscal year.

Lucas Skoczkowski, CEO, Redknee, said, "We are pleased to provide
solutions to help operators enhance their relationships with their
subscribers and bring added flexibility and clarity to how operators charge
for and bundle wireless data services and applications. Redknee's tier-one
customers, as well as our high growth market customers, now have full access
to our advanced solutions, enabling operators to forge long-lasting
relationships with their subscribers as they launch new 3G and mobile
broadband services."

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. Established in 1999, Redknee Solutions Inc.
(TSX: 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/.

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. 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 additional information please contact:

    Media Relations Contacts:
    Ashleigh Young
    Mi liberty
    +44(0)207-751-4444
    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