TORONTO, Feb. 23, 2017 /CNW/ - Redknee Solutions Inc.
("Redknee" or the "Company") (TSX: RKN) was informed that
the Company's former Chief Executive Officer and current Board
member, Lucas Skoczkowski, disposed of 2,150,000 Redknee common
shares on February 21, 2017.
Redknee's senior management team and Board were in a "blackout"
period pending the approval and announcement of strategic plan
details and were not permitted to sell or buy Redknee shares during
this period.
The Company is evaluating the matter and is discussing the
matter with the OSC and TSX, and intends to fully cooperate as
required.
About Redknee
Redknee monetizes today's digital world. We provide a complete
portfolio of mission-critical monetization and subscriber
management solutions and services that allow communications service
providers to charge for things in new and innovative ways.
Redknee's real-time billing, charging, policy and customer care
offerings provide the agility and scalability to drive a unique
user experience, increase profitability and support any new product
or business model. Available on premise, cloud-based, or as a
Software-as-a-Service, Redknee's low-risk, flexible solutions power
more than 250 communication service providers across the globe.
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 about Redknee and its solutions,
please go to www.redknee.com.
SOURCE Redknee Solutions Inc.