RNS Number:7734N
Redknee Solutions Inc.
12 February 2008


For Immediate Release                                           12 February 2008

                             Redknee Solutions Inc.

                            MobiFone Selects Redknee
       Redknee to Provide Real-Time Messaging Rating & Charging Solution
                       To Leading Vietnamese GSM Operator

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 announced that it has been selected by
Vietnam Mobile Telecom Services Company ("VMS") to provide a real-time messaging
rating & charging solution. VMS, operating under the brand name MobiFone, is a
GSM service provider with the largest market share (approximately 39%) in
Vietnam.
Working alongside Elcom, a local systems integrator, Redknee won an agreement to
support over 10 million MobiFone subscribers with its real-time messaging rating
and charging solution.
This agreement represents Redknee's first entry into the Vietnamese market - one
of the fastest growing mobile markets in the world.
Redknee's solution will offer MobiFone a unified platform to enable real-time
rating and charging for SMS and associated SMS-based value-added services as
well as enhanced SMS routing capabilities for outbound roaming subscribers. The
solution will also enable MobiFone to interface with multiple content service
providers while optimizing revenue generation and assurance with flexible
real-time charging rules and capabilities.

Lucas Skoczkowski, CEO at Redknee, commented:

"We are pleased to have been selected by VMS to provide MobiFone with our
real-time rating and charging solution. Our advanced solution will support
MobiFone's complex billing requirements and our flexible and functionally-rich
charging features offer the ability to interface with multiple content service
providers to help VMS enhance their revenue assurance capability. We continue to
expand our market share in emerging markets such as Vietnam due to our
experience as well as our comprehensive and configurable solutions that meet the
current and future needs of these highly competitive markets."

A recent report by Asia Pacific Research Group claims that Vietnam's highly
literate and youthful population has made the country a strong market for
potential investment, particularly in mobile services. Continued competition and
reduced mobile call tariffs are driving subscriber growth into double digits
while the rapid adoption of VAS services such as SMS-based content (including
Caller Ringtones, games, wallpapers, mobile news, etc.) makes the Asian country
an attractive market for content developers. With a current mobile penetration
rate of 35%, more than 800,000 new mobile users are expected to be added each
month in 2008.

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:
Redknee Solutions                        Colley Clarke, Chief Financial
                                         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 VMS
Vietnam Mobile Telecom Services Company - VMS, a state-owned company under
Vietnam Posts and Telecommunications Corporation, was founded in April 16th
1993. VMS has become the first GSM 900/1800 mobile telephony services provider
in the brand name MobiFone, marking the beginning momentum of the mobile
telephony industry in Vietnam.

MobiFone specializes in building, developing network and providing mobile
telephony services using state-of-the-art technologies and doing business GSM
900/1800 mobile telephony services across Vietnam country.

Since 14 years of development and growth, MobiFone has become the biggest
network operator in Vietnam with over 10 million subscribers, more than 3,500
base stations and 4,200 shops and agents and 18,000 retailers in every corner of
the country (end of March 2007). Mobifone is currently provisioning about 40
value-added services.
                                      ###



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