RNS Number : 7993J
  Redknee Solutions Inc.
  09 December 2008
   

 Immediate Release   9 December 2008


    Redknee Solutions Inc.
    ("Redknee" or "the Company")


    Dealings Announcement
    TORONTO - December 9, 2008 - Redknee Solutions Inc. ("Redknee") (TSX:RKN, AIM: RKN), a leading provider of mission-critical software and
solutions for communications service providers, today announced the following Dealings Announcement.

    The Company was informed on 8 December, 2008 that on that date James Pelot, Non-Executive Director of Redknee, purchased 15,000 Common
Shares in the capital of the Company ("Common Shares") at a price of   C$0.275 per Common Share.

    Following the share purchases, James Pelot holds 27,500 Common Shares of Redknee.

    The issued share capital of the Company as at the date of this announcement is 59,210,271 Common Shares.

    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 70 network operators in over 50
countries. Established in 1999, Redknee Solutions Inc. (TSX:RKN, 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, visit
http://www.redknee.com/.


    For additional information please contact:

 Media Relations Contact:        Financial Public
 Ashley Young                    Relations :
 Mi liberty                      Jeremy Garcia 
 +44 (0)20 7751 4444             Buchanan
 ayoung@miliberty.com            Communications
                                 +44 (0) 20 7 466
                                 5000
                                 jeremyg@buchanan.uk.
 Mark Yaphe, Vice President,     com
 Product Management & Marketing
 +1 905 625 2298
 mark.yaphe@redknee.com          Redknee Solutions:
                                 Colley Clarke, Chief
                                 Financial Officer
 Nomad:                          +1 905 625 2604
 Canaccord Adams Limited
 Ryan Gaffney/Andrew Chubb
 +44 (0) 207 050 6500





This information is provided by RNS
The company news service from the London Stock Exchange
 
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