Redknee Recognized in Deloitte's 2014 Technology Fast 500(TM)

TORONTO, Nov. 18, 2014 (Canada NewsWire via COMTEX) –Redknee Solutions Inc. (TSX: RKN), a leading provider of real-time monetization and subscriber management software, is pleased to announce that it has been recognized as one of the fastest growing companies on Deloitte’s Technology Fast 500TM list, a ranking of the 500 fastest-growing technology, media, telecommunications, life sciences, and clean technology companies in North America over a five year period.

Lucas Skoczkowski, Redknee’s CEO commented:”Redknee is extremely proud to be recognized as one of the fastest growing companies in the North America Region. This acknowledgement would not have been possible without the help and dedication of our employees and valued customers, as well as the support of our investors. We are honored to be among this prestigious group of leading companies. To our customers it demonstrates our innovation, leadership and ongoing commitment to invest in our comprehensive portfolio of monetization and subscriber management solutions to support their business goals.”

“Technology Fast 500 winners achieve success and strong growth as a direct result of their leadership and commitment to innovation,” said Pascal Lamoureux, Partner and Leader for Deloitte’s Fast 50 program. “They make significant contributions to the evolution of the technology industry.”

Overall, 2014 Technology Fast 500 TM( )companies achieved revenue growth ranging from 136 percent to 123,678 percent from 2009-2013, with an average growth rate of 1,646 percent.

Redknee provides a complete portfolio of monetization and subscriber management solutions for communications service providers (CSPs) across the world. Redknee enables CSPs to monetize and optimize the subscriber experience across the entire customer lifecycle. From activation and provisioning, to supporting a 360 degree view of the customers’ usage, preferences, and integration with third party social media sites, to empowering customers with self-care tools and the ability to pay for services on the go, Redknee offers one of the most comprehensive real-time converged charging, policy management, billing and customer care solutions in the industry. Redknee’s highly scalable and flexible solutions enable CSPs to monetize third party relationships and content, support resellers and dealers and launch multi-country operations quickly, effectively and with a low total cost of ownership. Available on-premise, cloud-based and as a Software-as-a-Service offering, Redknee delivers a complete monetization and subscriber management solution to more than 200 service providers, including some of the largest Tier 1 operators in the world.

About Deloitte’s 2014 Technology Fast 500TMTechnology Fast 500, conducted by Deloitte LLP, provides a ranking of the fastest growing technology, media, telecommunications, life sciences and clean technology companies – both public and private – in North America. Technology Fast 500 award winners are selected based on percentage fiscal year revenue growth from 2009 to 2013. Further details on Deloitte’s Technology Fast 500 awards can be found at www.fast500.com.

 

About Redknee:

Redknee is a leading global provider of innovative software products, solutions and services. Redknee’s award-winning solutions enable service providers to monetize new services, business models and content and to deliver a connected customer experience – through either SaaS or on-premise based solutions. Redknee’s real-time monetization and subscriber management platform provides innovative converged charging, billing, policy management, and customer care solutions for over 200 communications service providers and is supporting service providers to monetize digital services across utilities and smart meters, transportation, connected homes and vehicles, and other enterprises that are emerging from the growing ecosystem of the Internet of Things (IOT). 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 about Redknee and its solutions, please go to www.redknee.com.

 

SOURCE Redknee Solutions Inc.

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SOURCE: Redknee Solutions Inc.

 

Redknee Solutions: Michaela Radman, Corporate Communications, Michaela.Radman@redknee.com, +1 905 625 2190; Investor Relations: Robert Kelly, TMX Equicom, T: (416) 815-0700 ext. 253, rkelly@tmxequicom.com