Redknee Solutions Inc. Appoints Robert Stabile to Board of Directors

TORONTO, Oct. 19, 2017 /CNW/ - Redknee Solutions Inc. (TSX: RKN), a leading provider of business-critical billing and charging software and solutions for communications service providers, today announced the appointment of Robert Stabile, CFA to its board of directors effective immediately.

"We are very pleased to have Robert join our board as lead independent director and we look forward to his contributions moving forward," said Danielle Royston, CEO, Redknee. "Robert's exceptional market knowledge and asset management experience complemented by his strong foundation in financial modeling and financial statement analysis will be invaluable as we execute our strategic plan and work hard to add value for our shareholders."

Stabile is a CFA charterholder, and CFO of Beanfield Technologies Inc., a fibre optic internet service provider based in Toronto, providing commercial and residential connectivity services throughout Toronto, Ontario, Canada. Prior to joining Beanfield, Stabile worked on the buy-side as a Portfolio Manager with LDIC Inc., a Toronto-based, privately owned wealth management firm. Prior to LDIC, he held Institutional Equity Sales and Research roles with both Paradigm Capital and CIBC World Markets.

With the appointment of Stabile, Redknee's board now consists of 7 members including: Scott Brighton (Chairman), Demetrios Anaipakos, Chris Helling, Christy Jones, Andrew Price, and Farhan Thawar.

About Redknee

Redknee monetizes today's digital world for communications service providers. Our market-leading portfolio of monetization and subscriber management solutions includes real-time billing, charging, policy and customer care modules and is available on premise, cloud-based, or as Software-as-a-Service. With a central focus on driving customer success, Redknee's products power growth and innovation for operators globally. Established in 1999, Redknee Solutions Inc. (TSX: RKN) can be found on the Toronto Stock Exchange. For more information about Redknee, please go to www.redknee.com.

SOURCE Redknee Solutions Inc.

Investor Relations: Justin Canivet, Director, Investor Relations, NATIONAL | Equicom, T: 416-586-1942, [email protected]