Directors Dealings

RNS Number : 0297K
Redknee Solutions Inc.
12 December 2008

For Immediate Release 12 December 2008

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

dealings announcement

TORONTO - December 12, 2008 - Redknee Solutions, Inc. (TSX:RKN, AIM:RKN), a leading provider of mission-critical billing and charging
software and solutions for communications service providers, today announced that on December 10, 2008, Alan Michels, a non-executive
director of the Company, was granted options to purchase 20,000 Common Shares in the capital of the Company ("Common Shares") in
consideration of his appointment to the Board of the Company, at a strike price of C$0.23 and with expiry ten years from the date of the
grant. After the grant, he holds 20,000 options to purchase Common Shares.

Additionally, the Company was informed on 11 December, 2008, that Kent Thexton, Non-Executive Director of Redknee, purchased on that
date 400,000 Common Shares in the capital of the Company at a price of C$0.21 per Common Share. Following the share purchases, Kent Thexton
holds 1,267,285 Common Shares, representing approximately 2.1% of the issued share capital of Redknee.

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

For more information about Redknee, visit www.redknee.com.

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
Ashleigh 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 colley.clarke@
Ryan Gaffney/Andrew Chubb redknee.com
+44 (0) 207 050 6500

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

END

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