Redknee Signs Multi-Million Dollar Strategic Deal With APAC Group Operator

Redknee Becomes Exclusive Billing, Rating, Charging and Policy Vendor Across Group Operations

TORONTO, April 26, 2011 - Redknee (TSX:RKN), a leading provider of business-critical billing and
charging software and solutions for communications service providers, is
pleased to announce that it has signed a strategic multi-million dollar
agreement with a group operator that will see it provide all of the billing,
rating, charging and policy management across the group's international
operations in Asia Pacific. This multi-million dollar, multi-year deal
reinforces Redknee's successful growth strategy as the company continues to
grow its footprint in the APAC region.

Supporting the group operator since 2006, Redknee's real-time converged
billing and integrated rating, charging and policy solutions have enabled the
operator to quickly launch and grow its presence across the region. As the
operator begins to roll out its 3G services, Redknee's solutions will be
essential to support the operator's priorities of delivering an advanced
customer experience and increasing revenues.

Lucas Skoczkowski, Redknee's CEO, commented:

"This strategic deal enables the group operator to achieve the benefits
of a private cloud end-to-end billing, rating and charging solution that
supports its operations in multiple countries. This long-term strategic
partnership exemplifies the value and success that Redknee delivers to
operators that want to increase revenues, improve the customer experience and
grow profitability. At Redknee, we are continuing our investment in real-time
monetization solutions that serve the growth strategies of wireless,
multi-service and cloud operators around the world."

The deal will see Redknee unify and upgrade the group operator's billing,
rating, charging and policy solutions across its multiple operations onto one
consolidated platform and will establish multi-site disaster recovery and lab
testing services. The consolidated platform will enable the group operator to
achieve significant OPEX savings. In addition, the operator will have a
centralized view of the adoption of its services, promotions and campaigns
across all of its properties in order to identify new customer use cases and
to launch and cross-sell new services. In addition, Redknee's integrated
real-time promotions, policy and analytics engine will also enable the
operator to segment the market and make real-time offers, which are relevant
and timely to their customers in order to drive customer loyalty, and
increase both ARPU and profitability.

For more information about Redknee and their solutions, please go to
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 90 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:

    Redknee Solutions:                    Redknee Solutions:
    Ashleigh Young, Corporate             David Charron, Chief Financial
    Communications                        Officer
    +1-905-625-2733                       +1-905-625-2943
    ashleigh.young@redknee.com
                                          Investor Relations:
                                          Investor_relations@redknee.com

.