ACEC Ace Comm Corp (MM)

Advanced OSS provider ACE*COMM Corporation (Nasdaq: ACEC) today announced that it has been selected by mBlox, the world�s largest mobile transaction network, to support its prototype Billing and Order Management system. ACE*COMM was chosen to provide professional services to support mBlox�s �Evolution Program.� The program is an mBlox initiative to increase investment in its Business Support Systems (BSS) in order to underpin its continued business growth. ACE*COMM will provide mBlox with strategic technical consultation and a functional prototype to refine and improve its final billing and order management solution for mBlox�s end users. ACE*COMM is using its recently announced OpenARMS (Advanced Revenue Management Solution) to build the base model for the prototype. �mBlox�s Evolution Program is an important initiative to ensure that we continue to provide efficient and comprehensive services to our clients. The selection of ACE*COMM to support our Evolution Program is a key factor in our strategic expansion program,� said Justin Leese, Senior Vice President, Technology and Operations of mBlox. �After an in-depth bidding process, we determined that ACE*COMM could best meet our needs in creating a prototype that will assess our ability to rapidly and cost-effectively deploy new services and changes to existing services.� Jim Greenwell, CEO of ACE*COMM, commented: �We are delighted to be working with mBlox on this important program. mBlox is at the forefront of its field and our consultative support will enable them to accelerate their overall business development. We continue to build our knowledge and presence in the mobility space and look forward to expanding our relationship with mBlox based on our preliminary success.� About mBlox mBlox is the world�s largest mobile transaction network. Specializing in the commercial and technical complexities of mobile payment and message transmission, mBlox is in the business of connecting companies with customers. The result of this dedicated attention to messaging services is that mBlox delivers comprehensive and dependable SMS transport and financial settlement services. With an international network of offices, mature operator relationships and carrier-grade infrastructure, mBlox powers mobile business. mBlox is headquartered in Sunnyvale, California, with EMEA headquarters in London, Asia headquarters in Singapore and offices around the world. For further information visit http://www.mblox.com About the mBlox Evolution Program Traffic on the mBlox network has been doubling approximately every 12 months. In order to support this continued growth mBlox decided to embark on a major project during 2007 to implement highly scalable, Commercial Off The Shelf (COTS) packages for Billing, Order Management, Provisioning, Business Analytics/Data Warehousing and Customer Portal. In 2008 it is intended to move into a second phase of the project to look at enhancement or replacement of Enterprise Resource Planning (ERP) systems and Customer Relationship Management systems (CRM). Running in parallel to the systems integration work is a major Business Process Re-Engineering and training initiative to ensure the new systems are leveraged to their full extent. About ACE*COMM Corporation ACE*COMM is a global provider of value-added services for managed mobility applications that advance personalization and enable service providers and enterprises to realized greater revenue with minimum time or cost to market. Via a suite of service delivery solutions, ACE*COMM delivers the customizable, platform independent and easily deployed tools that directly impact the user�s bottom line. ACE*COMM�s service delivery solutions provide mobile service providers with award-winning, in-demand consumer-oriented products that help achieve and sustain market share and generate new revenue. ACE*COMM is headquartered in Gaithersburg, Maryland, with European headquarters in London, and offices around the world. For further information visit http://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 ACE*COMM�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 ACE*COMM�s ability to adequately support its operations, and other risks detailed from time to time in the ACE*COMM�s Report on Form 10-Q and other reports filed with the Securities Exchange Commission.