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RKN Redknee Sol.

18.50
0.00 (0.00%)
Last Updated: 01:00:00
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Redknee Sol. LSE:RKN London Ordinary Share CA7575241038 COM SHS NPV (CDI)
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 18.50 0.00 01:00:00
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
0 0 N/A 0

Rating & Charging Innovation

12/02/2008 7:01am

RNS Non-Regulatory



Redknee Solutions Inc.
12 February 2008


For Immediate Release                                          12 February 2008

                             Redknee Solutions Inc.

               Redknee Introduces Rating and Charging Innovation
    IPRC 5.0 Enables Operators With More Flexibility and New Revenue Streams

TORONTO - Feb. 12, 2008 - Redknee Solutions Inc. ("Redknee") (AIM: RKN), a
leading provider of innovative software that monetizes and personalizes services
and content for mobile operators, today announces the launch of IP Rating and
Charging (IPRC) 5.0.

For the first time, IPRC integrates advanced subscriber-based policy control
with real-time rating and charging into one coherent solution for multimedia
IP-based services. In addition to this unique dual capability, IPRC 5.0 offers a
centralized configuration management platform that allows operators to simplify
the handling of complex policy and rating criteria. Mobile operators deploying
the new product can now control bandwidth requirements on a service or
application level per subscriber and tie them directly to real-time rating
rules.

"Real-time rating and charging systems provide operators with enhanced
flexibility in their pricing plans, eliminating subscriber confusion around
multiple and complex service pricing structures," said Cynthia Leung, Senior
Analyst, Service Platforms, Asia Pacific for Ovum. "Real-time rating and
charging can significantly improve subscriber quality of service and drive
increased demand for services."

The powerful feature set of IPRC 5.0 creates new revenue streams for operators,
from both prepaid and postpaid subscribers and across multiple access
technologies. The integrated solution reduces implementation costs while
enabling improved quality of service levels. Through such advanced capabilities
as 'Fair Usage Policies', mobile operators can now efficiently manage finite
network resources by dynamically segmenting their subscriber base by usage or
value level as well as allocating capacity for their mission critical
applications and services.

Lucas Skoczkowski, CEO at Redknee, commented:

"With the increase in demand for new IP services over mobile networks, operators
are looking for ways to optimize their network performance and assign value to
these new services with flexible pricing models. By combining advanced policy
control with real-time rating and charging, IPRC 5.0 provides our customers with
the market leading capabilities they need to capture new revenue streams and
derive an unfair competitive advantage."

Recent analysis of a three-year deployment at a top-tier European operator
revealed the critical role IPRC plays in driving new data revenue. From the
initial deployment, IPRC enabled a new set of innovative and highly targeted
tariff plans which resulted in a 266% increase in non-SMS data revenue growth.
IPRC's ability to immediately and substantially impact service uptake and usage
underscores its importance as a critical prerequisite for the success of any new
multimedia IP-based service deployment.


For additional information please contact:

North American Media Relations Contacts: Financial Public Relations:

Heidi Rosenberg                          Jeremy Garcia
NPI PR                                   Buchanan Communications
+1 831-440-2405                          +44 (0) 20 7 466 5000
heidi@npipr.com                          jeremyg@buchanan.uk.com
Dalia Asterbadi  
                                         Redknee Solutions:
                                         Colley Clarke, Chief Financial
Redknee Solutions                        Officer
+1 905 625 2636                          +1 905 625 2604
dalia.asterbadi@redknee.com              colley.clarke@redknee.com

Nomad:
Canaccord Adams Limited
Ryan Gaffney/Andrew Chubb
+44(0) 207 050 6500


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 lifetime 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 50 network operators in over 40 countries.
Established in 1999, Redknee Solutions Inc. (AIM: 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, please visit www.redknee.com.

About IPRC

Redknee's IP Rating & Charging (IPRC) is a proven real-time rating, charging and
policy management solution for data services that enables operators to
personalize services while creating new revenue streams for both prepaid and
postpaid subscribers. With IPRC, operators can tailor service plans to
individual subscriber needs while guaranteeing a quality user experience across
all multimedia services and access networks, while differentiating with
real-time policy control. Operators can take their services to the next level
with IPRC by offering flexible rates, personalized bundles, services with smart
limit, fair usage and service-aware policy management.

                                    ###



                      This information is provided by RNS
            The company news service from the London Stock Exchange

END
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