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Redknee Successfully Implements Multi-Play Monetization for Omantel

TORONTO – October 4, 2016 Redknee Solutions Inc. (TSX: RKN), a leading provider of real-time monetization and subscriber management software, is pleased to announce the successful implementation of Redknee Unified, a converged multi-play billing, charging and customer care platform at Omantel, a leading communication service provider (CSP) in the Middle East. The successful implementation of Redknee Unified transformed Omantel’s IT infrastructure across multiple lines of business including mobile, fixed, IPTV, Internet, and cable. Redknee Unified reduces time to market and provides Omantel with the flexibility it needs to create new product offerings and connect with different customer groups to generate greater business value.

Redknee Unified is an agile, flexible and scalable real-time converged rating, charging and billing solution that is easy to deploy and which delivers an enriched customer experience across multiple industries including telecommunications, utilities, transportation, connected homes, and the Internet of Things (IoT). By leveraging Redknee’s experience with large scale BSS transformation projects, Omantel was able to consolidate multiple systems and processes onto one platform to create cost savings and operational efficiency. Redknee Unified also simplifies price plan configurations across the business and improves competitiveness by offering multi-play solutions that are tailored to Omantel’s customer base.

Lucas Skoczkowski, Redknee’s CEO commented:
“The emergence of multi-play services, digital services, third-party partnerships, and the Internet of Things (IoT) opens new opportunities for communications service providers. Redknee’s agile solution has transformed Omantel’s business by reducing cost, improving operational efficiency and supporting the creation of next generation services. Omantel is now ready to embrace the new era of communications.”

Media Enquiries: media@redknee.com

About Redknee:
Redknee monetizes today's digital world. We provide a complete portfolio of mission-critical monetization and subscriber management solutions, including real-time billing, charging, policy and customer care modules, which allow Communications Service Providers to charge for things in new and innovative ways and create a unique user experience. Available on premise, cloud-based, or as a Software-as-a-Service, Redknee's low-risk, flexible solutions power more than 250 businesses across the globe. 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.

For additional information please contact:

Redknee Solutions:
Michaela Radman, Corporate Communications
Michaela.Radman@redknee.com
+1 905 625 2190

Investor Relations:
Conrad Seguin
NATIONAL | Equicom
T: (416) 586-1951
cseguin@national.ca