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Redknee Recognized as Leading Canadian ICT CompanyTORONTO, April 23, 2015 /CNW/ - Redknee Solutions Inc. (TSX: RKN), a leading provider of real-time monetization and subscriber management software, is pleased to announce that it has again advanced its position as one of the top Canadian ICT companies in the Branham Group annual listing. The Branham300 is the most comprehensive listing of publicly traded and privately held IT companies in Canada, and Redknee has been recognized for its strong leadership and ability to successfully execute its growth strategy. Ranked in the top 30 of 250 Canadian ICT companies, Redknee has excelled to achieve its highest ever ranking status since its inclusion in the listings. In FY 2014 Redknee reported increased revenue of $257.7 million, up 81% from $142.0 million in the previous year. Another significant highlight includes the launch of Redknee Unified, the latest release of Redknee's integrated charging, billing, policy management and customer care solution, designed to enable service providers in the communications and connected industries to create new revenue streams faster, and drive monetization through M2M and the evolving IoT market. In addition, Redknee is advancing its position as the provider of choice for real-time monetization and subscriber management solutions and is expanding into new vertical markets including utilities, smart cities and transportation. Lucas Skoczkowski, Redknee's CEO commented: The Branham300, now in its 22nd year, is widely considered to be the most comprehensive and trusted review of the Canadian ICT industry. The listing ranks the top 300 organizations operatingin the Canadian ICT industry by gross revenue. "Redknee consistently earns its place alongside the leaders in ICT companies in Canada due to its strong year-on-year performance and dedication to innovation at all levels. We congratulate Redknee on this distinction and eagerly anticipate its growth in the following year," said Wayne Gudbranson, CEO of Branham Group. Forward-Looking Statements Such forward-looking statements include the statements regarding financial and other projections as well as statements regarding Redknee's future plans, objectives or performance for the current period and subsequent periods and regarding the markets for our products. These statements reflect current assumptions and expectations regarding future events and operating performance and speak only as of the date of this document. Forward-looking statements involve significant risks and uncertainties, should not be read as guarantees of future performance or results, and will not necessarily be accurate indications of whether or not such results will be achieved. A number of factors could cause actual results to vary significantly from the results discussed in the forward-looking statements, including, but not limited to, the inability of Redknee's products to perform as expected, a material adverse change in the affairs of Redknee, and the factors discussed under the "Risk Factors" section of Redknee's most recently filed AIF which is available on SEDAR at www.sedar.com and on Redknee's web-site at www.redknee.com. Other unknown or unpredictable factors or underlying assumptions subsequently proving to be incorrect could cause actual results to differ materially from those in the forward-looking statements. Although the forward-looking statements contained in this document are based upon what Redknee believes are reasonable assumptions, Redknee cannot assure investors that our actual results will be consistent with these forward-looking statements. Redknee assumes no obligation to update or revise these forward-looking statements to reflect new events or circumstances, except as required by securities law. About Redknee SOURCE Redknee Solutions Inc. |