Redknee Receives Management Excellence Award

Redknee Presented Canada's 50 Best Managed Companies Award for Eighth Consecutive Year

TORONTO, February 16, 2010 - Redknee (TSX: RKN) a leading provider of business-critical software and
solutions for communications service providers, is pleased to announce that
it has been named one of Canada's 50 Best Managed Companies by Deloitte. Last
year Redknee was awarded the Award's Platinum level. This year's award marks
the company's eighth year as a winner.

Lucas Skoczkowski, CEO of Redknee, commented:

"To qualify for our status as one of Canada's 50 Best Managed Companies
for eight consecutive years is a significant achievement for us. This would
not have been possible without the help and dedication of our employees and
valued customers, as well as support of our investors. The stringent business
processes we put in place prepared the company for the challenging economic
and market conditions that the industry experienced throughout last year.
With a disciplined growth strategy, an expanding global customer base and a
team of highly skilled employees, we look to build on our success in 2010 and
beyond."

Canada's 50 Best Managed Companies is the country's leading business
awards program that recognizes excellence in Canadian-owned and managed
companies with revenues over $10 million. The awards measure success of a
company beyond its financial performance, assessing the overall business
performance and sustained growth of the organization. Sponsored by Deloitte,
CIBC Commercial Banking, National Post and Queen's School of Business, the
awards are judged by an independent panel who select the final 50 award
winners.

John Hughes, Partner, Private Company Services group with Deloitte, a
national sponsor of the Best Managed program, commented:

"We congratulate Redknee on its continued success in the awards program
and maintaining its position as a Platinum Club member. Redknee continues to
exemplify its excellence in strategy, capability, and commitment to its
employees, customers and community and therefore thoroughly deserves its
inclusion amongst this year's elite."

The award follows a solid performance by Redknee in 2009. Highlights of
the year include reporting year-end September 30, 2009 revenue growth to
$53.3 million with a strong gross margin of 78%, EBITDA of 12% and strong
cash position of $25.8 million. Redknee secured six new customers and
continues to gain major market share across Americas, APAC and EMEA.

About Canada's 50 Best Managed program:

Canada's 50 Best Managed Companies continues to be the mark of excellence
for Canadian-owned and managed companies with revenues over $10 million.
Every year since the launch of the program in 1993, hundreds of
entrepreneurial companies have competed for this designation in a rigorous
and independent process that evaluates their management skills and practices.
The awards are granted on three levels: 1) Best Managed winner (one of the 50
new winners selected each year); 2) Re-qualified member (repeat winners
retain the Best Managed designation for two additional years, subject to
annual operational and financial review); 3) Platinum Club member (winners
that maintain Best Managed status for a minimum of six consecutive years.)
Program sponsors are Deloitte, CIBC Commercial Banking, National Post, and
Queen's School of Business.

For further information, visit www.canadas50best.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
www.redknee.com.

For further information: Media Relations Contact: Rachael Parker, Mi
liberty, +44-(0)20-7751-4444, rparker@miliberty.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; Humera Malik, Director of Marketing, +1-(905)
625-2102, humera.malik@redknee.com

For further information: Media Relations Contact: Rachael Parker, Mi liberty, +44-(0)20-7751-4444, rparker at miliberty.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; Humera Malik, Director of Marketing, +1-(905)625-2102, humera.malik at redknee.com