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Optiva Appoints Erez Sverdlov as Managing Director

Brings more than 25 years of experience in the BSS space to Optiva

TORONTO, Feb. 13, 2018 /CNW/ - Redknee Solutions Inc. (TSX: RKN) (dba Optiva) "Optiva," an innovative software company that delivers mission-critical monetization and subscriber management solutions to leading communication service providers globally, today announced that Erez Sverdlov will join Optiva on March 14, 2018, as the managing director, succeeding Leela Kaza.

Previously with Amdocs, Sverdlov was a general manager responsible for defining and implementing the technology strategy globally for Vodafone. He managed all aspects of the marketing and customer relationship programs, from design to delivery. During his tenure, Sverdlov secured leading positions in many Vodafone markets, where he was in charge of end-to-end BSS transformation and support contracts.

"I'm delighted to be joining Optiva at this exciting time," said Sverdlov. "Optiva, with its new management, is uniquely positioned to become the BSS market disruptor. The new Optiva™ offerings provide the only true carrier-grade BSS cloud platform. The unique pricing model, functionality and scalability of its end-to-end, converged billing products allow Optiva to be the best solution for the world largest CSPs."

Industry awards and recognitions won by Sverdlov reflect his enthusiasm and energy for an industry where, for more than 25 years, he has accumulated vast experience, honed keen insights and served as a partner to help his customers achieve success. Prior to his general manager role, he held various positions with Amdocs, where he was responsible for strategic customer account relationships and activities.

"Leela Kaza brought tremendous value to our team, and we thank him for his service and wish him well in his future endeavors," said Danielle Royston, CEO of Optiva. "We are excited about Erez Sverdlov joining Optiva. His extensive market knowledge, industry relationships, insights and vision align perfectly with our commitment to rebuild Optiva with great people who power customer success."

About Optiva (formerly Redknee Solutions Inc.):
Optiva monetizes today's digital world for communications service providers. Our portfolio of subscriber management software enables real-time billing, charging, policy management and user experience functionality that is mission-critical for our customers' growth and innovation. Available on-premise or in the cloud, Optiva™ solutions are designed to deliver the most impact for the best value. Our deep market knowledge and powerful analytical insights coupled with the Customer Success program ensure our customers have what they need to achieve their strategic business goals. Established in 1999, Redknee Solutions Inc., dba Optiva, can be found on the Toronto Stock Exchange (TSX: RKN). For more information, please go to www.optiva.com.

SOURCE Redknee Solutions Inc., dba Optiva Inc.