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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 |
RNS Number:6471U Redknee Solutions Inc. 11 April 2007 For Immediate Release 11 April 2007 Redknee and CommVerge Sign Asian Reseller Agreement TORONTO, ONTARIO, CANADA and HONG KONG, SAR - April 11, 2007 - Redknee (AIM : RKN), a leading provider of innovative infrastructure software that monetizes and personalizes services and content for mobile operators, today announced a reseller partnership with CommVerge Solutions, the leading Asia-based telecommunications systems and solutions integrator. The agreement will provide Asian carriers access to Redknee's solutions with experienced localized integration from CommVerge. Edmund Wei, CEO of CommVerge, said: "CommVerge has an excellent track record supporting service provider customers throughout the Asia region. The addition of Redknee's innovative monetization and personalization solutions to the CommVerge portfolio will allow CommVerge to provide solutions that ensure our customers remain at the very forefront of the telecommunications industry." Under the terms of the reseller agreement, CommVerge will sell and support Redknee's products with its Asia-based workforce. Specifically, Redknee and CommVerge will focus on delivering advanced monetization and personalization solutions, including: * A real-time converged rating solution for voice, data, messaging and content services supporting all traffic-types - including GPRS and WiFi/ WiMAX - in various existing networks with extensions to IMS and FMC concepts * A centralized policy management solution delivering combined Policy Decision and Charging Rules Functions to enable dynamic subscriber-based QoS and real-time network resource management * A compliant centralized privacy, profile, and preference solution enabling subscriber-control and access to static and dynamic subscriber profile data required across applications for fine-grained service personalization * Additional complementary products from Redknee's Turnkey Converged Billing suite, such as converged prepaid/postpaid charging, billing and CRM/ Customer Care; with Redknee enablers for Loyalty, Location Based Services, Enhanced Messaging, and m-Commerce Lucas Skoczkowski, CEO at Redknee, commented: "Redknee is excited to work with CommVerge in high growth areas of the Asia-Pacific market. This agreement combines Redknee's innovative products with CommVerge's local expertise and system integration capability to jointly offer advanced end-to-end solutions for mobile network operators across the APAC region." Additional information: About Redknee (http://www.redknee.com): Since its inception in 1999, the Redknee (AIM : RKN) customer base has grown to thirty mobile communications service providers, which provide services to over 275 million wireless subscribers in over twenty countries. Redknee's customer base includes 4 of the 10 largest mobile communications service providers or groups world wide as determined by subscriber count. The Group's ISO 9001:2000 certified infrastructure software provides these mobile communications service providers with the capability to monetize and personalize up to 2.4 billion transactions every month. Redknee Solutions Inc. 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. www.redknee.com About CommVerge Solutions (http://www.commverge.com) 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. CommVerge Media Relations Contact: Min-Soo Kim + 822-2190-7260 minsookim@commverge.com Redknee Media Relations Contact: Heidi Rosenberg NPI PR +1 831-440-2405 heidi@npipr.com Jeff Popoff +1 408-997-1897 jeff.popoff@redknee.com Redknee Investor Relations Contact: Jeremy Garcia / Simon Potter Buchanan Communications +44 (0) 20 7 466 5000 jeremyg@buchanan.uk.com Colley Clarke +1 905 625 2604 colley.clarke@redknee.com This information is provided by RNS The company news service from the London Stock Exchange END MSCILFEDSSIILID
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