ACE*COMM Signs First Parent Patrol(TM) Contract with Tier-1 North American Carrier
June 28 2006 - 8:00AM
Business Wire
ACE*COMM Corporation (NASDAQ:ACEC), a global provider of advanced
OSS, value-added services, and network business intelligence
solutions, today announced it has signed its first customer in
North America for the deployment of its industry-leading Parent
Patrol(TM) wireless access control application. The customer, an
undisclosed Tier-1 North American service provider, is expected to
commence rollout for the new service in one of its regional
divisions in the third quarter of 2006. Parent Patrol(TM) gives
parents the ability to supervise their children's use of mobile
phones. Parents use an intuitive Web-based interface to the service
provider's network, through which they set allowance limits on
parameters such as time of day, numbers called or received, minutes
used, and services accessed. ACE*COMM currently has a patent
pending on the Parent Patrol(TM) technology. "Selling dynamic,
value-added service applications like Parent Patrol(TM) into the
Tier-1 customer space is a breakthrough achievement for ACE*COMM
and a positive indicator of the market potential for this class of
product," said George Jimenez, Chairman and Chief Executive Officer
of ACE*COMM. "Over many months, this service provider conducted
extensive lab trials and focus group studies - involving parents
and children - to ascertain market demand for the service prior to
going ahead with the project. We were selected for this deployment
not only because we have the best solution on the market, but
because we were able to promise a rapid roll out in support of our
customer's time-to-market demands. Our optimism for building a
substantial business from a suite of applications like Parent
Patrol(TM) is further supported by our ongoing level of discussions
and growing pipeline that includes a broad spectrum of other North
American and European mobile service providers." Continued Mr.
Jimenez: "Industry research indicates that youth mobile adoption
trends are moving toward ever younger segments of the population.
This indicates a growing market opportunity for parental control
services. Globally, questions are being raised about the
appropriateness of providing unsupervised mobile access to younger
and younger children. We believe the demand for flexible controls
will ultimately be driven by parents' desire for some measure of
responsible supervision and security as their children inevitably
become heavier users of mobile phone and data services. Our new
customer is a forward-thinking service provider that seeks to
provide some balance for the burgeoning mobile youth phenomenon by
offering a responsible solution to parents who want their kids to
have mobile phones for reasons of security and convenience, but
would like to find an accessible and adjustable way to monitor and
regulate how they are used." About Parent Patrol(TM) ACE*COMM
offers Parent Patrol(TM) to mobile service providers as a solution
for parents who would like to provide their children with mobile
services but are concerned about its use. Parent Patrol(TM) is more
flexible and more effective than simply relying on prepaid minutes
of use or similar time-limiting schemes. Such plans only limit how
much time a child can spend on the phone, not when they can use it,
or who they can talk to. Parent Patrol(TM) allows parents, rather
than the mobile carrier, to selectively determine the rules and
restrictions that apply to each child's phone. Parent Patrol(TM) is
handset independent and makes it easy for parents to set reasonable
limits on their kids' mobile phone usage - they can set stronger
limits for younger kids, and allow older teenagers more freedom.
Limits are easy to modify, so parents can change the rules
according to needs and circumstances. Parent Patrol(TM) also
features content filtering (e.g. for porn and other offensive
materials) capabilities. For more information visit:
www.parent-patrol.com. ACE*COMM has previously released the results
of a proprietary survey that indicated 71% of North American
teenagers have unrestricted use of their mobile phones. The online
survey, conducted for ACE*COMM by Itracks, polled 1000 teens across
North America between the ages of 13 and 18 to ascertain usage
patterns. The Itracks survey also found that many teenagers are
abusing their mobile phone privileges. For additional information
on the survey results, contact: media@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 to extract 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 Parent Patrol 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.
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