ACE*COMM Announces N*VISION(R)2 (NV2) - Industry's First Hyperconvergent Mediation Platform; NV2 Uses Advanced Technologies and Techniques for the Simultaneous and Multi-Directional Flow of Information.

GAITHERSBURG, Md. & MIAMI -- ACE*COMM Corporation (NASDAQ:ACEC), a global provider of advanced OSS, value-added services, and network business intelligence solutions, announced today that it will officially launch N*VISION(R)2 (NV2) at the TeleStrategies Billing & OSS World 2006 conference in Miami Beach, Florida, May 3-4. NV2 is the next generation of ACE*COMM's award winning convergent mediation solution, which has evolved dramatically to meet the demands of carrier's mediation and collection environments.

NV2 uses advanced technologies and techniques to control, moderate, and facilitate the interactive communication between multiple network technologies and software support systems, without sacrificing support for critical legacy network and infrastructure investments.

"NV2 is the industry's first hyperconvergent platform," said Chris Couch, ACE*COMM's Chief Marketing Officer. "Our established service provider customers want to take advantage of new network technologies without sacrificing existing OSS infrastructure. They want to tap into new services like MMS, phone-based gaming, IPTV, and VoIP to increase revenues, expand market share, and increase customer loyalty - while still extracting returns on their existing network investments. NV2 was developed with these challenges in mind."

Based on core ACE*COMM technology and expertise, the NV2 product suite enables the flow of information in hyperconvergent environments by removing traditional application barriers that delay or even prevent the incorporation of new products and services. NV2 uses advanced technologies and techniques for the simultaneous and multi-directional flow of information. It supports the service provider's legacy network investment while allowing the full exploitation of new service and technologies.

Key benefits of NV2 include: a faster time-to-market for new products and services allowing service providers to profit from their innovations in record time; and reduced cost and operational impact for the ramping up of new products and services.

NV2 is composed of the following core products:

--Data Collection is the gateway from the network, collecting all network available information including events (data, usage), configuration, SS7, metrics, etc., directly from network elements. Data Collection provides a single and consistent interface with the service providers' network for the collection of all data relative to the NEs deployed within that network.

--The Activation Gateway provides a single, coherent, convergent platform for the provisioning and activation of services on the physical network. It controls and secures network access ensuring only authorized individuals are granted access and that all provisioning requests are processed in a timely and efficient manner.

--Intelligent Charging provides the means to compute values based on current business intelligence. Computed values may represent charges associated with delivered services, content cost, loyalty points, or any other unit that represents a value to a service provider or its customers.

--Advanced Mediation handles the acquisition, validation, transformation, and transportation of business intelligence data. Advanced Mediation provides a multi-directional routing mechanism by which information acquired may be disseminated throughout the carriers' enterprise.

What is Hyperconvergence?

Hyperconvergence is the rapid and ongoing merger of many different telecommunications components and groups that traditionally have been very different or even opposed. Many of these components and groups are themselves in a converging state; for example, converging network technologies (GSM, CDMA, IP, PSTN etc), converging support systems (post and prepaid billing), and converging markets (telecom, cable, broadband, TV). Hyperconvergence does not respect traditional network boundaries and software applications - its management requires a single control point capable of simultaneous communication with all components within the service provider's back office, coordinating the flow of business-critical information throughout the enterprise.

NV2 Availability

NV2 is a suite of products that can be purchased and installed in any order and in any combination. Each product is pre-integrated with the other components for fast and easy installation but is also fully functional as a stand-alone application. NV2 products include: Data Collection, Activation Gateway, Intelligent Charging, and Advanced Mediation. Contact [e-mail] for more information.

NV2 Upgrade Path for Current Customers

An upgrade path for current Convergent Mediation(TM) and N*VISION(R) customers is available. Contact [e-mail] for more information.

ACE*COMM at TeleStrategies Billing & OSS World 2006

ACE*COMM will be unveiling and demonstrating NV2 at the Billing & OSS World 2006 event in Miami Beach, Florida, May 3-4. Visit ACE*COMM at booth # 709 to view a demo or contact [e-mail] to book a meeting.

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 for extracting 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.

N*VISION, ACE*COMM, and the ACE*COMM logo 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 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.