News | July 4, 2008

ACE*COMM Secures Significant Contract To Supply Convergent Mediation And Data Collection Solution To Southeast Asian Operator

GAITHERSBURG, Md.--(BUSINESS WIRE)--ACE*COMM Corporation (ACEC.OB), a provider of advanced telecom operations support systems (OSS) for service providers and value-added services (VAS) solutions for wireless operators, has been awarded a Convergent Mediation™ and Data Collection supply project in the Southeast Asian region. The end-customer for the project is a telecommunications provider that operates a 100% fiber optics network, complemented by extensive fixed line, broadband, payphone and Internet service networks.

Per Jacobsen, ACE*COMM's OSS Business Unit Manager, stated, "ACE*COMM is excited to continue expanding our presence in this fast-growing region. The telecommunications provider's broad range of services is representative of the multi-play operators around the world to which we market our solutions.

"The addition of a significant new project for yet another telecommunications provider in a country where we have had multiple projects with other customers for many years reaffirms our belief in our products, our approach, and our outlook for the Asian market," Jacobsen added. "We look forward to continuing our expansion in the region."

About ACE*COMM

ACE*COMM is a global provider of advanced operations support systems (OSS) and service delivery solutions for telecommunications service providers and enterprises. ACE*COMM's advanced OSS solutions are applicable to a range of legacy through next-generation networks that include wired, wireless, voice, data, multimedia and Internet communications networks. Network operators use them for revenue management, cost reduction, improved operational efficiency, acceleration of time-to-market for new services, and more effective customer care. ACE*COMM's service delivery solutions provide mobile service providers with award-winning, in-demand consumer-oriented services to help them achieve and sustain market share, generate new revenue and position themselves as market innovators.

For almost 30 years, ACE*COMM technology has been effectively deployed for more than 300 customers, spanning more than 4,000 installations in 70 countries worldwide. ACE*COMM-installed products are currently enabling the success of customers and partners such as Alcatel-Lucent, AT&T, Bell Aliant, Cincinnati Bell, Cisco, General Dynamics, IBM, Motorola, Northrop Grumman, Siemens, and VeriSign. Headquartered in Gaithersburg, MD, ACE*COMM has corporate offices in Australia, Canada and the UK. ACE*COMM is an ISO 9001 quality standard compliant company. For more information, visit www.acecomm.com.

Except for historical information, the matters discussed in this news release include forward-looking statements that are subject to certain risks and uncertainties that could cause the actual results to differ materially from those projected, including, but not limited to: the failure of anticipated demand to materialize, delays or cancellations of orders due to various factors, including business and economic conditions in the U.S. and foreign countries; industry-wide slowdowns, any limitations on customers' financial resources, the continued convergence of voice and data networks, the continuing success of the Company's strategic alliances for product development and marketing, customer purchasing and budgetary patterns or lack thereof; pricing pressures and the impact of competitive products; the timely development and acceptance of new products; the Company's ability to adequately support its operations, and other risks detailed from time to time in the Company's Report on Form 10-Q and other reports filed with the Securities Exchange Commission.