Contract Win

RNS Number:3469A
Redknee Solutions Inc.
17 July 2007


           
immediate release                                           17 July 2007


              Redknee Solutions Inc. ("Redknee" or the "Company")
                                        
       Far EasTone Selects Redknee & CommVerge Solutions for IMS Solution

 Redknee Monetization products Enable Competitive Bundled Offering and Improved
                                Service Quality

TORONTO - July 17, 2007 - Redknee (AIM: RKN), a leading provider of innovative
infrastructure software that monetizes and personalizes services and content for
mobile operators, today announced that two of its monetization products have
been selected by Far EasTone Communications Co., Ltd. (4904:Taiwan Stock
Exchange)  (Far EasTone), a leader in converged mobile communication and
Internet services, as part of Redknee's strategic reseller agreement with
CommVerge Solutions Holdings (Asia) Inc. (CommVerge Solutions).  The deal
constitutes the first phase in a multi-phase project.

Far EasTone currently serves over 6 million subscribers and is actively moving
forward with its strategy to provide a converged fixed-mobile service
environment. The implementation of Redknee's next-generation network service
capabilities will enable Far EasTone to introduce competitive bundled offerings
and improved service quality across its subscriber-base, in addition to
delivering operating and capital cost efficiencies.

Jeffey Gee, Executive Vice President, Network Division, of Far EasTone
commented:

"As one of the first operators to implement HSDPA and IMS in Asia, our criteria
for a policy and data charging vendor were demanding. Together, Redknee and
CommVerge Solutions have demonstrated a deep understanding of both our business
requirements and the evolving nature of IMS standards."

CommVerge, in Phase 1 of the project, will provide project management and
engineering expertise to integrate Redknee's Policy Decision Rules Server (PDRS)
and Unified Rating & Charging System (URCS) with Far EasTone's
telecommunications network in Taiwan.

Edmund Wei, President & CEO of CommVerge Solutions, commented: "This win
provides further demonstration of CommVerge's integration competencies in
advanced IMS networks. Working with Redknee's world leading standards-based
products, we are confident in meeting Far EasTone's business and network
convergence requirements."

Redknee's monetization products provide Far EasTone with a real-time converged
rating, charging and policy management system for advanced data services across
prepaid, postpaid, fixed and mobile subscribers in a unified platform. Redknee's
PDRS and URCS products collectively provide a unified point of control and
management of data services across all access types from 2.5G to High-Speed
Downlink Packet Access ("HSDPA") and other emerging technologies.

Lucas Skoczkowski, CEO at Redknee, added:

"Redknee takes great pride in working with Far EasTone, one of Asia's leading
operators and a pioneer in global data services and IMS. This contract is a
further example of Redknee's growing leadership in monetizing mobile IMS
networks around the world. By working with our partner CommVerge Solutions, we
are deploying our open standard based monetization products to help Far EasTone
achieve success through improved quality of service on a per-subscriber,
per-transaction basis."

For further information:

Media Relations Contact:
Heidi Rosenberg
NPI PR
[phone]
[e-mail]

Dalia Asterbadi
[phone]
[e-mail]

Investor Relations Contact:
Jeremy Garcia / Simon Potter
Buchanan Communications
[phone]
[e-mail]

Colley Clarke
[phone]
[e-mail]


About Far EasTone Telecommunications

In realizing our vision "Anywhere, Anytime, Communications Enriching the Lives
of People," we are aiming to be the preferred service provider for people who
use wireless communication in Taiwan. We are providing an innovative environment
for superior shareholder value, customer loyalty, employee satisfaction and
community involvement. www.fareastone.com.tw.

About CommVerge Solutions (Asia) Ltd.:

CommVerge Solutions is a unique services company and a leading integrator of
technology and business solutions, serving Telecommunications Service Providers
throughout Asia. Since its inception in 1999, CommVerge has undertaken countless
projects to design, implement and maintain converged voice and data networks,
mobile network infrastructure, as well as 2.5G and 3G application platforms.
CommVerge's mission is to assist customers maximize value and reduce risk by
offering superior professional services and network solutions designed to
realize their business, technical and operational objectives. Headquartered in
Hong Kong, CommVerge has established offices in Beijing, Shanghai, Singapore,
Taipei, Seoul, Kuala Lumpur, Manila, Bangkok, Brunei Darussalam, and San Jose,
California. To learn more, please visit www.commverge.com.

About Redknee:
Redknee (RKN : AIM), established in 1999, provides real-time monetization and
personalization products, solutions and services to over 30 mobile operators
globally. Redknee Monetization products enables mobile network operators to
optimize the lifetime value of each subscriber through advanced billing, rating
and charging. Redknee Personalization products enables operators to offer
personalized voice, messaging, and data services for the enterprise and
consumers to meet mainstream, niche and individual market segment requirements.
Redknee customers provide services to over 290 million wireless subscribers in
over 20 countries. For more information, visit www.redknee.com.








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