MEDIA RELEASE PR37485
Redknee Introduces InBill 6.0 and Secures New Contract with Asia Pacific Based Operator
TORONTO, Dec. 8 /CNW-AsiaNet/ --
Redknee's Interconnect Billing and Content Settlement Solution to Support
Growing Traffic and Multi-party Settlements
Redknee (TSX:RKN), a leading provider of business-critical billing and charging software and solutions for
communications service providers, announced that a leading Asia Pacific based multi-service operator will install
Redknee's InBill solution to manage its interconnect billing functions. InBill 6.0 will enable it to maximize the value
of its fixed line network by effectively and efficiently managing multi-party wholesale billing settlements, helping to
avoid issues related to revenue leakage.
The service provider supports multiple technologies and has been experiencing growing fixed line traffic and
evolving interconnect requirements due to the expansion of its network of partners and the roll-out of new
services for its residential, government and enterprise customers. As a result, it requires a flexible and highly
scalable interconnect billing solution that addresses the changing needs around its growing list of voice,
data, and broadband offerings, and can support the operator's innovative services, such as e-Government
solutions, prepaid fixed line voice and broadband, and voice over IP with number portability. InBill 6.0 delivers
details on network traffic and settlement issues and can handle the most complex interconnect agreements,
providing more accurate wholesale billing and better dispute resolution. In today's environment of operators dealing
with numerous interconnect and content partners and increasingly tighter margins, InBill helps to alleviate the
challenges of this complexity.
Redknee's InBill 6.0 also provides network operators with enhanced performance and a seamless workflow,
optimizing time and resources and enabling the operator to focus on their core asset, their subscribers.
InBill's user-friendly interface can now be accessed from any web based terminal, providing a more flexible, yet
secure, user environment. Additionally, InBill 6.0 has added international traffic capabilities, including wholesale
billing for growing international voice over IP and session initiation protocol (SIP) traffic.
Lucas Skoczkowski, CEO, Redknee said:
"This is another win that further validates Redknee's leadership and experience in delivering market recognized
monetization solutions, and extends Redknee's strong and growing footprint throughout the Asia Pacific region.
The high-growth markets are an important part of Redknee's growth strategy, and we have been consistently
gaining market share in these regions, especially with our Turnkey Converged Billing solution. We look forward to
continuing to support our customers throughout the APAC region."
InBill is part of Redknee's full suite of monetization products, providing operators with greater visibility into
network transactions in order to achieve converged settlement and accurate interconnect billing.
Join Redknee as they present at Management World Asia in Singapore on Jan. 28 - Building Innovative Pricing
Models that will Shatter the ARPU Glass Ceiling.
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 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 70 network operators in over 50 countries. References to
Redknee refer to the combined operations of the parent Redknee Solutions Inc, and all wholly owned subsidiaries.
SOURCE: Redknee Solutions Inc.
CONTACT: Media Relations Contact: Ashleigh Young, Mi liberty, +44 (0)20 7751 4444, ayoung(at)miliberty.com;
Mark Yaphe, Vice President, Product Management & Marketing, (905) 625-2298, mark.yaphe(at)redknee.com;
Redknee Solutions: David Charron, Chief Financial Officer, (905) 625-2943, david.charron(at)redknee.com;
Investor Relations: Isabel Fernandes-Cunha, (905) 625-2421, isabel.fernandes(at)redknee.com or
investor_relations(at)redknee.com
(RKN.)
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