Redknee&CommVerge Agreement
April 11 2007 - 3:01AM
UK Regulatory
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
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