NR November 20, 2014 - 4:00 AM PST
Redknee Signs $13 Million Dollar Strategic Order with Leading APAC Enterprise
TORONTO, Nov. 20, 2014 /CNW/ - Redknee Solutions Inc. (TSX: RKN), a leading provider of real-time monetization and subscriber management software, is pleased to announce that a large national corporation in Asia Pacific has signed an order worth over $13 million dollars with Redknee to support its growth in the retail monetization sector. This order is a seven year, recurring term license deal. Redknee"s software platform is enabling the service provider, which offers transportation, real estate, retail, leisure, and business support services, to diversify into new industries and differentiate from its competitors. This is a significant non-telecommunications deal that demonstrates Redknee"s capabilities and expertise in supporting new market strategies.
The Redknee Unified suite of products will support the service provider to bring to market an advanced real-time loyalty points and rewards program, offering innovative pricing, tariff options and advanced subscriber care, to increase customer satisfaction and generate new revenue streams. This deal provides a clear and meaningful example of how Redknee"s Unified platform can be used to improve the customer experience and power a varied ecosystem of enterprise businesses that span multiple verticals. With Redknee"s converged charging, billing, policy management and customer care solution, the service provider can utilize the loyalty management system to support other lines of business, including energy supply, transportation, retail and cable TV, all from a single platform.