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ACE*COMM to Deliver Telecommunications Management Solution to United States Army
GAITHERSBURG, Md.-(Business Wire)-June 18, 2008 - ACE*COMM Corporation (OTCBB:ACEC), a global provider of enterprise operations support and telecommunications management systems, today announced it has signed a contract to provide its NetPlus(R) product to one of the largest United States Army bases in the U.S.
This Army base, which is expanding to become the premier medical training base for the Department of Defense (DoD), is one of the select sites being upgraded as part of the Base Realignment and Closure (BRAC) initiative. Through BRAC, the DoD is realigning and reconfiguring its infrastructure to take advantage of the efficiencies created by base consolidations and joint activities.
Using ACE*COMM's NetPlus(R) solution, the Army will automate the base's order management, provisioning and billing operations. Currently, NetPlus(R) is installed in more than 115 Army bases and is being implemented in over 100 U.S. Air Force bases worldwide.
"This is a significant win for ACE*COMM as it strengthens the position of NetPlus(R) and our robust, large-scale enterprise telecom management solutions within the DoD market segment. The selection also testifies to the Army's recognition of the NetPlus(R) capabilities to enable the next generation of military infrastructure," said Matt Lewis, ACE*COMM's Vice President and General Manager.
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 more than 20 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.
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