Web Site : http://www.redknee.com/

Shares in Issue Presently : 59,059,934

(Fully Diluted Shares in Issue Total = 65,183,540)


CURRENT TRADING AND PROSPECTS (23rd Feb 2007)

The Group's revenue has grown from C$3.0 million in the financial year ended 30
September 2000 to C$37.0 million in the financial year ended 30 September 2006,
representing a compound annual growth rate of 52 per cent.

Since 30 September 2006, the Group has continued to trade in line with the
Directors' expectations. The Group has expanded its relationship with Digicel
Group, undertaking projects in two new countries, El Salvador and Guyana. In
addition, the Group has added CPM S.A. and Leadcom Integrated Solutions USA Inc. as indirect sales channel partners.

The Directors believe that certain trends, including the evolution of the
broader communications services industry through, amongst other things, improved mobile access content delivery technologies and mobile devices will increase the requirements of mobile communications service providers to extend and enhance their service offerings and thereby lead to an expansion in the market for the Group's monetization and personalisation solutions.


(PS. I have no holding, just an interest in their progress)

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What are their profits like from past few years? And debts?

No idea. I am just watching at the moment, no reseach done.

I'd say they were fairly fully valued on listing, so am just waiting to see where the bottom point is at the moment.