Redknee Secures Contract With Bintel for New Wireless Service in West African Market

TORONTO - PLANNED ROLL-OUT OF SERVICE IN GABON ENABLED BY REDKNEE’S CONVERGENT
BILLING AND MOBILE MONEY SOLUTIONS

Redknee Solutions Inc. (TSX: RKN), a leading provider of mission-critical
software and solutions for communications service providers, today announced
that Bintel, a fast-growing telecommunications service provider based in
Bahrain and rolling out services in Africa, will deploy Redknee’s Turnkey
Converged Billing and Mobile Money solutions.

The deal will enable Bintel to differentiate its offering and provide an
enhanced subscriber experience when it extends its mobile service in Gabon
later this year. With these solutions, the new West African wireless operator
will quickly be rolling out advanced personalized services to its subscribers
at a reduced delivery cost, bringing value add to the highly penetrated
market of Gabon.

“We are excited about Bintel’s selection of Redknee’s market-leading,
turnkey converged billing solution. We look forward to a long-term, strategic
partnership with the Bintel Group, and will support its success when services
are launched in Gabon,” said Redknee CEO Lucas Skoczkowski. “At Redknee, we
are continuing our investment in the high growth markets of Africa, the
Middle East and Asia Pacific to support the execution of our growth
strategy.”

Redknee’s Turnkey Converged Billing solution for prepaid and postpaid
voice, data, and messaging delivers a functionally-rich platform that extends
beyond basic rating, charging and billing models, enabling operators to
differentiate service offerings in competitive markets. The real-time
solution optimizes and improves the overall subscriber service experience -
from provisioning, real-time rating and charging, billing and customer care,
to providing the tools that allow for fast and flexible pricing, bundling and
launching of individualized promotions and new services.

Redknee’s Mobile Money Airtime Reseller enables voucherless, prepaid
wireless airtime top-up, and addresses the needs of many high-growth network
operators and their subscribers. Historically, the purchase of prepaid top-up
minutes has largely occurred through a physical voucher-based distribution
system, which can prove difficult to support in remote, rural regions.
Voucherless top-ups are completed through the electronic, mobile-to-mobile
transfer of minutes from a local reseller to the subscriber, boosting the
productivity and efficiency of all entities involved in these services.

“Redknee’s experience in meeting aggressive timelines and helping
wireless operators attract underserved or unpenetrated segments with
value-based pricing and service offerings were key in Bintel’s decision to
deploy Redknee’s solutions,” said Alawi Baroum, Bintel’s CEO. “Redknee’s
reputation for positively impacting and enhancing the subscriber experience
and helping wireless operators drive revenue and profitability, especially in
high growth markets, made Redknee the ideal partner for Bintel as we bring
our customer-centered services to Gabon.”

Bintel has quickly emerged as a fast-growing telecommunications service
provider in West Africa, with expanding market share in the Central African
Republic and Somaliland. Bintel recently announced plans to significantly
increase its Africa footprint in the next two years by foraying into at least
three new markets including Gabon, and has pledged USD 250 million for
investment in the region as part of its strategic expansion.

For more information about Redknee, visit 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 relate to
Redknee’s product performance and capabilities, investment and resource
allocation decisions, and business, economic and market conditions. 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: technological change and changes in the industry in which Redknee
competes; changing global economic conditions and uncertainties; investment
and resource allocation decisions of the company and its customers and
partners; product performance and capabilities of the company’s solutions and
products; 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.

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/.

About Bintel:

Bintel is registered in Jebel Ali - Dubai in 2007, headquartered in
Bahrain, and operates in the telecom operations and service providing sector
with a current focus on the emerging markets. The company presently has
offices in Bahrain, UAE, Lebanon.

Bintel currently operates two mobile services in Central African Republic
since mid 2007 and in Somaliland since mid 2008, and a majority stake in
Swiss-based Telesonique, and is planning a new launch in Gabon in Q3 2009
with a recently acquired mobile license.

(www.bintel-ltd.com)

For additional information please contact:

Media Relations Contact: Redknee:
Simon Marshall David Charron, Chief Financial Officer
Mi liberty +1-905-625-2943
+1-770-919-7366 david.charron@redknee.com
smarshall@miliberty.com

Mark Yaphe, Vice President, Product Management & Marketing
+1-905-625-2298
mark.yaphe@redknee.com

Source: Redknee Solutions Inc.

Media Relations, Simon Marshall of Mi liberty, +1-770-919-7366, smarshall at miliberty.com, or Mark Yaphe, Vice President, Product Management & Marketing, +1-905-625-2298, mark.yaphe at redknee.com; or David Charron, Chief Financial Officer of Redknee, +1-905-625-2943, david.charron at redknee.com