Successful Redknee and Microsoft Partnership Secures Multiple Converged Billing Deals

Redknee's Solution With Microsoft Dynamics CRM Attracts New Customer Wins

TORONTO and BARCELONA, Spain, February 15, 2011 - Redknee (www.redknee.com/) (TSX:RKN), a leading provider of
business-critical billing and charging software and solutions for
communications service providers, is pleased to report in just one year after
revealing its partnership with Microsoft it has secured multiple billing
transformation deals. Announced at Mobile World Congress 2010, the alliance
between Redknee and Microsoft Dynamics brought the first real-time expanded
converged billing and customer care solution that enables operators to launch
new services with fast time-to-market, improved business decision making
through advanced reporting and analytics and lower total cost of ownership.

Operators have been impressed by the collaboration between the two
leading solution providers, which has resulted in fast growing companies
selecting Redknee's Turnkey Converged Billing, with Microsoft Dynamics CRM,
for their billing transformation projects. DST, a leading mobile operator
based in APAC, is one of the latest operators to select Redknee to lead their
transformation projects as they launch next generation services to their
customers.

Idris T Vasi, CEO of DST Group commented:

"We selected Redknee due to its strong capabilities in converged billing
and customer care. As a leader in this space, we see our relationship with
Redknee as a long term strategic partnership as we transform our networks and
technologies."

Lucas Skoczkowski, Redknee's CEO commented:

"We are pleased to be working operators, such as DST, as they embark on
their transformation projects to support the launch of their next generation
networks and services. Our partnership with Microsoft is growing and Redknee
continues to increase its market share through its focus on real-time
monetization solutions to support the growth of data content for wireless and
fixed subscribers around the world."

Doug Kennedy, vice president, Microsoft Dynamics Partners commented:

"Service providers are increasingly looking to transform their operations
and business models to deliver new services to market faster and at a lower
cost. Microsoft Dynamics offers flexible and scalable solutions that partners
such as Redknee can customize to enable service providers to reduce time to
market for new offerings, improve the subscriber experience and ultimately
monetize high-value services at a time of increased competitive pressures and
tightening margins."

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.

About DST Group:

As one of Brunei's leading private enterprises, DST Group affirms our
continuing commitment to providing our customers the best available products
and services in information, communications and entertainment. Today we are a
diverse group providing mobile services, broadband, broadcasting and content.
Datastream Technology Sdn Bhd is the Holding company that supports the Group
subsidiaries' operations. DST Group's flagship subsidiary, DST Communications
Sdn Bhd (DSTCom) provides the country's 2G, 2.5G and 3G mobile services as
well as Mobile Broadband on a nationwide HSPA Broadband network.

    For additional information please contact:

    Redknee Solutions: 

    Humera Malik, Director of Global Marketing
    +1-905-625-2102
    humera.malik@redknee.com

    Redknee Solutions:
    David Charron, Chief Financial Officer
    +1-905-625-2943

    Investor Relations:
    Investor_relations@redknee.com

For additional information please contact: Redknee Solutions: Humera Malik, Director of Global Marketing, +1-905-625-2102, humera.malik at redknee.com . Redknee Solutions: David Charron, Chief Financial Officer, +1-905-625-2943, Investor Relations: Investor_relations at redknee.com