Bakrie Telecom Extends Its Redknee Services

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TORONTO – July 03, 2007 – Redknee (AIM: RKN), a leading provider of innovative infrastructure software that monetizes and personalizes services and content for mobile operators, today announced that Bakrie Telecom (BTEL), a leading Indonesian telecom service provider, is extending its Redknee prepaid Unified Rating and Charging System (URCS) to include postpaid subscribers. Bakrie Telecom will build upon Redknee’s existing converged real-time rating and charging solution for voice, data, messaging and content services.

Bakrie Telecom recognizes that a converged system approach, which enables the operator to launch new services quickly and easily via an extensible rating and charging solution, will allow it to sustain and build on its market leadership.

Muhammad Buldansyah, Deputy President Director, Network and Operations at Bakrie Telecom, said:
“We see a tremendous opportunity to use innovative technology to unlock the value of our existing solutions and better manage our operational costs and business performance. The Redknee Unified Rating and Charging System has surpassed expectations over the past 24 months. Convergence between prepaid and postpaid will help improve our operational capabilities and allow us to maintain our commitment to subscribers. The extension of Redknee’s converged URCS system, to rate and charge data services for postpaid subscribers in real-time, will provide Bakrie Telecom with more flexibility and performance for our growing data services and customer base.”

Lucas Skoczkowski, CEO at Redknee, added:
“Our Converged Billing solution is designed to support millions of prepaid and postpaid users while reducing operational costs, time to market and maximizing ARPU for network operators. We are therefore delighted that an innovative network operator, such as Bakrie Telecom, can leverage our suite of products to meet the growing demands of their subscriber base.”

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