ACEC Ace Comm Corp (MM)

ACE*COMM Corporation (NASDAQ: ACEC), a provider of advanced telecom operations support systems (OSS), today announced the availability of OpenARMS, an Advanced Revenue Management solution for telecommunications service providers. OpenARMS uses open source components that complement open orchestration and processing products from ACE*COMM�s current portfolio and are integrated using a fully extensible service-oriented architecture (SOA). The solution is designed to satisfy a new breed of multi-media service providers with diverse order, product, contract and customer relationship management needs as well as billing, invoicing, and settlement needs, at a fraction of the price of traditional proprietary solutions. OpenARMS can be back-fitted into traditional carrier environments as the carriers reach out to customers with multi services offerings. Jim Greenwell, CEO of ACE*COMM, said: �We believe the availability of open source advanced revenue management systems within the telecommunications market is long overdue. With OpenARMS, we plan to capitalize on ACE*COMM�s core competence and extensive presence in the OSS/BSS market and lead the way by offering open technologies in this space. Our solution, built on a common SOA-compliant architecture using an open common data model, offers high performance and massive scalability at a very affordable price. Best of all, when compared with more traditional proprietary solutions, it is very inexpensive to adapt as changes occur in the operator�s network or in associated technologies.� Using OpenARMS, ACE*COMM customers can configure their end-user environment, defining a specific web based user interface, for each distinct user group. They can also define the content, validation and display rules for each screen display within the orchestrated flow. Furthermore, ACE*COMM customers can define the business processes and work flows related to back office processing, including rules for data transformation and validation, rating and charging, provisioning and activation, orchestration, exception processing, invoice and billing, financial accounting, data augmentation and retention, and revenue assurance. Built as a content-centric solution, OpenARMS supports revenue share disbursements to third parties and clients as well as more traditional retail voice and data based services such as interconnect billing, roaming record clearing, and more. OpenARMS is a comprehensive and powerful back office product that also includes a number of business process templates that can, for example, define base-line configurations. ACE*COMM customers can accelerate their implementation schedules by adapting and tailoring these pre-configured templates to meet their specific business needs rather than building customer configurations from scratch. 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 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 Gaithersburg, MD, near Washington, DC, ACE*COMM has corporate offices in Australia, Canada, China, 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.