ACE*COMM And Westlake Global Technology Solutions Announce New Business with Qujing Tel in China.Business Editors/High-Tech Writers GAITHERSBURG, Md. & SAN MATEO San Mateo (săn mətā`ō), city (1990 pop. 85,486), San Mateo co., W Calif., on San Francisco Bay; inc. 1894. It is a commercial and retail center with some high-technology manufacturing. San Mateo, Spanish for St. , Calif.--(BUSINESS WIRE)--April 3, 2003 Qujing Tel Selects ACE*COMM Convergent Mediation(TM) Technology for Real-time Data Real-time data denotes information that is delivered immediately after collection. There is no delay in the timeliness of the information provided. Some uses of this term confuse it with the term dynamic data. Collection Project ACE*COMM Corporation (NASDAQ NASDAQ in full National Association of Securities Dealers Automated Quotations U.S. market for over-the-counter securities. Established in 1971 by the National Association of Securities Dealers (NASD), NASDAQ is an automated quotation system that reports on : ACEC ACEC American Council of Engineering Companies (formerly American Consulting Engineers Council) ACEC American Consulting Engineers Council (now American Council of Engineering Companies) ), a global provider of advanced operations support systems Operations Support Systems (also called Operational Support Systems or OSS) are computer systems used by telecommunications service providers. The term OSS most frequently describes "network systems" dealing with the telecom network itself, supporting processes such (OSS Oss (ôs), city (1994 pop. 62,141), North Brabant prov., S Netherlands; chartered 1399. It is a significant industrial center. Manufactures include meat products, chemicals, pharmaceuticals, electrical equipment, and metalware. ) technologies and Westlake Global Technology Solutions (Westlake), a technology solutions reseller and ACE*COMM's Master Reseller partner in China, announced today the signing of a contract with Qujing Tel to deliver ACE*COMM's DCMS (Digital Content Management System) See DAMS. (R) mediation solution for the initial phase of a real-time data collection initiative in Yunnan Province Noun 1. Yunnan province - a province of southern China Yunnan Cathay, China, Communist China, mainland China, People's Republic of China, PRC, Red China - a communist nation that covers a vast territory in eastern Asia; the most populous country in the world . When completed, the program will provide for timely delivery of detailed transaction information to Qujing Tel's customers. Further details of the contract were not released. "We are pleased to be gaining momentum in terms our market penetration Noun 1. market penetration - the extent to which a product is recognized and bought by customers in a particular market penetration - the act of entering into or through something; "the penetration of upper management by women" efforts in China. This new application further underscores the value and viability of ACE*COMM's Convergent Mediation(TM) technology to this marketplace," said Shanjun Xiong, Vice President of Westlake. "ACE*COMM's mediation technology will play a vital role in the modernization of Qujing Tel's network and call accounting system. We look forward to working with Qujing Tel to provide a fast and considerable return on investment, both financially and in terms of functionality, service, and reliability." ACE*COMM's DCMS(R) data gateway captures, collects, processes, and stores Call Detail Records (CDRs) and traffic data generated by network elements and switches in a telecommunications environment. As part of the Convergent Mediation(TM) solutions suite, DCMS(R) significantly improves the reliability of customer billing operations, reduces the risk of having lost or inaccurate billing data, and speeds the transport of billing records between the network and the central billing systems. It also reduces operational costs, boasts a very high performance rating, and allows for rapid integration of emerging standards and technologies. "There are many reasons why Chinese communications service providers A Communications Service Provider or CSP is a company that transports information electronically. The term encompasses public and private companies in the wireline, wireless, Internet, cable, satellite, and managed services businesses. are improving their call accounting and mediation systems. One of the most compelling of these is the matter of cost savings and revenue assurance," said Martin Demers, ACE*COMM's Chief Marketing Officer. "From ACE*COMM's perspective, effective revenue assurance begins with reliable single-source data capture and collection, security, validation and repair. The objective is to first ensure that every usable record is indeed captured, and to then ensure maximum revenue from each of these records. Qujing Tel can expect our robust collection and mediation system to reduce data capture, collection, and processing costs, and to virtually eliminate revenue leaks caused by older and riskier processes." About Westlake Global Technology Solutions Westlake Global Technology Solutions, Inc. is a technology solutions reseller headquartered in the U.S. with offices in Beijing and Shanghai. The company manages the global procurement of advanced networking technologies, comprehensive solutions and services, enabling Chinese telecom carriers, enterprises and financial institutions to offer cost-effective, world-class communications capabilities. Through close customer relations and global procurement best practices, our world-class executive team continually strives to enhance the quality, efficiency and profitability of the networking infrastructure built by China. Westlake Global Technology is an affiliate of Westlake Global Management, Inc., an investment management company, with operations spanning the United States United States, officially United States of America, republic (2005 est. pop. 295,734,000), 3,539,227 sq mi (9,166,598 sq km), North America. The United States is the world's third largest country in population and the fourth largest country in area. , China and Japan. From its headquarters in San Mateo, California San Mateo is a city in San Mateo County, California, in the San Francisco Bay Area. It is one of the larger suburbs on the San Francisco Peninsula, located between Burlingame to the north, Foster City to the East, and Belmont to the south. , it manages a global real estate portfolio comprised of residential and commercial properties, and retirement communities. The company also oversees businesses in manufacturing and the reselling of technology products. Westlake has been in business since 1972. About ACE*COMM ACE*COMM is a global provider of advanced Convergent Mediation(TM) products and Enterprise Telemanagement software applications. ACE*COMM's solutions are employed in wired and wireless networks that deliver voice, data, mixed media and Internet communications. Their proven technology provides the ability to capture, secure, validate, and enhance data from multiple networks. These operations are performed interactively with a data warehouse, and processed information is distributed in near real-time, to all types of carrier OSS (Operations Support Systems) and BSS See 802.11. BSS - Block Started by Symbol (Business Support Systems). Solutions are matched to each customer's business environment. They provide the analytical tools required to extract knowledge from operating networks - knowledge our customers use to generate more revenue, reduce costs, accelerate time-to-market for new services, and deliver more effective customer support. For more than 20 years, ACE*COMM technology has been effectively deployed in over 3500 installations in more than 65 countries world-wide - including over 100 installations in China - enabling the success of customers and partners such as AT&T, Cisco, Marconi, Motorola, Alcatel, General Dynamics General Dynamics Corporation (NYSE: GD) is a defense conglomerate formed by mergers and divestitures, and as of 2006 it is the sixth largest defense contractor in the world[1]. The company has changed markedly in the post-Cold War era of defense consolidation. , TRW TRW The Real World (TV reality show) TRW The Right Way TRW Tactical Reconnaissance Wing TRW The Retriever Weekly (University of Maryland, Baltimore, MD) TRW Thompson Ramo Wooldridge Inc , Unisys and Siemens. ACE*COMM is a registered ISO (1) See ISO speed. (2) (International Organization for Standardization, Geneva, Switzerland, www.iso.ch) An organization that sets international standards, founded in 1946. The U.S. member body is ANSI. 9001 quality standard company. For more information, visit www.acecomm.com. ACE*COMM, NetPlus, the ACE*COMM logo and N*VISION are registered trademarks, and Convergent Mediation 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 future events 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 Form 10-Q See 10-Q. and other reports filed with the Securities Exchange Commission. The Company expressly disclaims any obligation or undertaking to release publicly any updates or revisions to any forward-looking statements contained herein to reflect any change in the Company's expectations with regard thereto or any change in events, conditions, or circumstances on which any such statements are based. |
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