TORONTO--(Marketwire - September 14, 2011) - Redknee Solutions, Inc. (TSX: RKN), a leading provider of business-critical billing and charging software and solutions for communications service providers, has engaged Liolios Group to lead a new investor relations and financial communications campaign.
"Strong demand for our converged billing solutions from around the globe has resulted in four consecutive quarters of year-over-year revenue growth and a $41 million backlog," said Lucas Skoczkowski, CEO of Redknee Solutions. "This has been supported by the explosive growth of mobile and IP data traffic driving network operators to turn to our uniquely flexible, customizable, real-time billing solutions.
"However, our growing success has been largely undiscovered by the U.S. investment community. Liolios Group was introduced to us as one of North America's premier IR firms, with a proven track record of assisting emerging growth companies like ours in building quality, long-term relationships with analysts, money managers and investment institutions. We have engaged its team of IR professionals to help us navigate the capital markets and more effectively communicate our story, as we work toward a listing on a major U.S. exchange."
In collaboration with Redknee's management team, Liolios Group will help develop, refine and deliver the company's message. Over the course of the next several months, Liolios Group will arrange one-on-one conference calls, road shows and financial conferences targeting key influencers in the investment community.
For additional information about Redknee Solutions, contact Liolios Group at 949-574-3860 or email firstname.lastname@example.org.
About Liolios Group
/bLiolios Group, Inc. is a highly selective and comprehensive investor relations firm specializing in small and micro-cap companies. The firm aims to deliver superior performance in corporate messaging and positioning, investor awareness, analyst and financial press coverage, and capital attraction. Founded in 1996 in Newport Beach, California, Liolios Group partners each have more than 15 years' experience in finance and investments, and represent clients in a wide range of industries, including consumer retail, healthcare bio-pharma, digital media software, and technology. For more information about Liolios Group, please visit www.liolios.com.
/bRedknee is a leading global provider of innovative communication software products, solutions and services. Redknee's award-winning solutions enable operators to monetize the 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 90 network operators in over 50 countries. Established in 1999, Redknee Solutions Inc. (TSX: 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 www.redknee.com.
Important Cautions Regarding Forward-Looking Statements
/bCertain statements in this document may constitute "forward-looking" statements which involve known and unknown risks, uncertainties and other factors which may cause our actual results, performance or achievements, or industry results, to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements. When used in this document, such statements use such words as "may", "will", "expect", "continue", "believe", "plan", "intend", "would", "could", "should", "anticipate" and other similar terminology. These statements reflect current assumptions and expectations regarding future events and operating performance and speak only as of the date of this document. Forward-looking statements involve significant risks and uncertainties, should not be read as guarantees of future performance or results, and will not necessarily be accurate indications of whether or not such results will be achieved. A number of factors could cause actual results to vary significantly from the results discussed in the forward-looking statements, including, but not limited to, the factors discussed under the "Risk Factors" section of the company's the most recently filed AIF which is available on SEDAR at www.sedar.com and on the company's web-site at www.redknee.com.
Although the forward-looking statements contained in this document are based upon what we believe are reasonable assumptions, we cannot assure investors that our actual results will be consistent with these forward-looking statements. We assume no obligation to update or revise these forward-looking statements to reflect new events or circumstances, except as required by securities law.