ACEC Ace Comm Corp (MM)

ACE*COMM Corporation (NASDAQ:ACEC), a global provider of advanced OSS, value-added services, and network business intelligence solutions, announced today that a leading Latin American wireless services provider has selected components of the ACE*COMM Network Business Intelligence(TM) (NBI) suite to better manage both revenue and margin growth. This contract marks both the addition of a new customer in Latin America for ACE*COMM, and the first sale of NBI to the region. "We continue to see strong enthusiasm for NBI from both new and existing customers," said John Bennett, President of ACE*COMM. "Our new customer identified specific challenges in areas of margin performance. By selecting NBI, they have taken a focused approach to better aligning their business with the needs of their subscribers, and to improving service data integrity and ultimately bottom line performance." Continued Mr. Bennett: "Latin America provides a significant market opportunity for ACE*COMM. We already have a strong reference customer base in the sector, and our newest product offerings provide compelling solutions that address current market demands. As we have with other customers, we will strive to build a long-term partnership with this new customer, delivering to them additional solutions and services for ongoing business requirements." NBI will be deployed to uncover discrepancies between potential and actual billed revenue, account for all services provided such as pre-paid, post-paid, and value-added services, and analyze root causes of revenue leakage to understand what needs to be fixed to prevent reoccurrence. ACE*COMM's NBI suite collects data from disparate parts of an operator's network and environment, enables the correlation and analysis of data from many internal and external sources, and provides tools for the operator to maximize profits. NBI also has the potential to identify where services need to be improved or new services can be introduced. For more information contact: NBI@acecomm.com. About ACE*COMM ACE*COMM is a global provider of network business intelligence and advanced operations support systems (OSS) solutions for telecom service providers and enterprises. ACE*COMM's solutions are applicable to a range of legacy through next-generation networks that include wired, wireless, voice, data, multimedia, and Internet communications networks. These solutions provide the analytical tools required for extracting knowledge from operating networks - knowledge customers use for asset recovery and revenue assurance, cost reduction, improved operational efficiency, acceleration of time-to-market for new services, and more effective customer care. For over 20 years, ACE*COMM technology has been effectively deployed for more than 300 customers, spanning over 4000 installations in 70 countries worldwide. ACE*COMM-installed products are currently enabling the success of customers and partners such as Alcatel, AT&T, Cisco, General Dynamics, IBM, Level 3 Communications, Marconi, Motorola, Northrop Grumman, Siemens, and Unisys. Headquartered in the Washington, DC area, ACE*COMM has corporate offices in Australia, Canada, China, and the UK. ACE*COMM is a registered ISO 9001 quality standard company. For more information, visit www.acecomm.com. ACE*COMM and the ACE*COMM logo are registered trademarks, and ACE*COMM Network Business Intelligence is a trademark, of ACE*COMM Corporation. 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.