Redknee Introduces InBill 6.0 and Secures New Contract With Asia Pacific Based Operator

Redknee's Interconnect Billing and Content Settlement Solution to Support Growing Traffic and Multi-party Settlements

TORONTO, December 8 - Redknee (TSX:RKN), a leading provider of business-critical billing and
charging software and solutions for communications service providers,
announced that a leading Asia Pacific based multi-service operator will
install Redknee's InBill solution to manage its interconnect billing
functions. InBill 6.0 will enable it to maximize the value of its fixed line
network by effectively and efficiently managing multi-party wholesale billing
settlements, helping to avoid issues related to revenue leakage.

The service provider supports multiple technologies and has been
experiencing growing fixed line traffic and evolving interconnect
requirements due to the expansion of its network of partners and the roll-out
of new services for its residential, government and enterprise customers. As
a result, it requires a flexible and highly scalable interconnect billing
solution that addresses the changing needs around its growing list of voice,
data, and broadband offerings, and can support the operator's innovative
services, such as e-Government solutions, prepaid fixed line voice and
broadband, and voice over IP with number portability. InBill 6.0 delivers
details on network traffic and settlement issues and can handle the most
complex interconnect agreements, providing more accurate wholesale billing
and better dispute resolution. In today's environment of operators dealing
with numerous interconnect and content partners and increasingly tighter
margins, InBill helps to alleviate the challenges of this complexity.

Redknee's InBill 6.0 also provides network operators with enhanced
performance and a seamless workflow, optimizing time and resources and
enabling the operator to focus on their core asset, their subscribers.
InBill's user-friendly interface can now be accessed from any web based
terminal, providing a more flexible, yet secure, user environment.
Additionally, InBill 6.0 has added international traffic capabilities,
including wholesale billing for growing international voice over IP and
session initiation protocol (SIP) traffic.

Lucas Skoczkowski, CEO, Redknee said:

"This is another win that further validates Redknee's leadership and
experience in delivering market recognized monetization solutions, and
extends Redknee's strong and growing footprint throughout the Asia Pacific
region. The high-growth markets are an important part of Redknee's growth
strategy, and we have been consistently gaining market share in these
regions, especially with our Turnkey Converged Billing solution. We look
forward to continuing to support our customers throughout the APAC region."

InBill is part of Redknee's full suite of monetization products,
providing operators with greater visibility into network transactions in
order to achieve converged settlement and accurate interconnect billing.

Join Redknee as they present at Management World Asia in Singapore on
Jan. 28 - Building Innovative Pricing Models that will Shatter the ARPU Glass
Ceiling.

For more information about Redknee, visit 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. References to Redknee refer to the combined
operations of the parent Redknee Solutions Inc, and all wholly owned
subsidiaries. For more information, visit www.redknee.com.

For further information: Media Relations Contact: Ashleigh Young,
Mi liberty, +44(0)20-7751-4444, 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; Investor Relations:
Isabel Fernandes-Cunha, +1-905-625-2421, isabel.fernandes@redknee.com or
investor_relations@redknee.com

For further information: Media Relations Contact: Ashleigh Young, Mi liberty, +44(0)20-7751-4444, ayoung at miliberty.com; Mark Yaphe, Vice President, Product Management & Marketing, +1-905-625-2298, mark.yaphe at redknee.com; Redknee Solutions: David Charron, Chief Financial Officer, +1-905-625-2943, david.charron at redknee.com; Investor Relations: Isabel Fernandes-Cunha, +1-905-625-2421, isabel.fernandes at redknee.com or investor_relations at redknee.com