ACE*COMM At Telecom '04: Solutions to Help Carriers Alleviate Next-Gen Service Delivery Issues and Reduce Revenue Leakage.

GAITHERSBURG, Md. -- ACE*COMM Corporation (NASDAQ:ACEC), a global provider of advanced operations support systems (OSS) solutions for communications networks, today announced that it will be presenting an expanded suite of applications built on its Convergent Mediation(TM) platform to enable service providers and carriers to deal with next-generation service delivery issues and reduce revenue leakage, at the Telecom '04 conference, October 9-13, in Las Vegas, Nevada.

ACE*COMM will be highlighting the following applications in Booth #450 at the Venetian Hotel and Convention Center:

--Revenue Assurance - Includes data validation, data repair, automatic and manual data correction, inter-carrier accounting, customer profiling, credit limit checks, and performance management.

--Real-time Rating - Assigns price components to each network transaction as they occur. This information is used to support real-time financial monitoring of the network, and can be used to feed real-time billing engines, focused on the partner interconnection and settlements, as well as wholesale and resale markets. This information can further be used to generate a variety of constantly updated financial reports, as well as to supplement traditional traffic and engineering reports with a financial perspective.

--Real-time Costing - Assigns cost components to each network transaction as they occur. This information is similar to the price components, but identifies costs to the carrier. Together with the pricing components, financial reports can be enhanced to provide revenue and cost, as well as margin analysis for all transactions. This information enables low-cost routing and a profitability analysis of both the network as a whole, and the more granular levels of the network that are focused on the customer and the service.

--Real-time Charging - Allows for billing based on data volume, QoS, duration, and location; enables more efficient use of network capacity; includes collection, intermediate storage, as well as transfer, consolidation, pre-processing, and filtering of call detail records (CDRs).

ACE*COMM's suite of OSS solutions allows service providers to rapidly deploy new services for their subscribers; provide billing and customer care for multiple products, services and events; and overcome the challenges of next-generation service delivery while maximizing revenues.

Visit ACE*COMM's Booth #450 for a demonstration of these products:

--Convergent Mediation(TM) creates a layer of service control between the usage collection system and the downstream OSS/BSS. ACE*COMM will demonstrate how its Convergent Mediation(TM) can address the challenges of deploying and integrating next-generation services with existing OSS/billing systems, and provide a competitive edge through increased service and performance levels, and new opportunities for profitability.

--JBill is specifically designed to meet convergent billing and customer-care business needs, and offers support from wireline to wireless, IP to VoIP, paging to satellite, and personalized customer care. Operators can bill multiple products, services, and events, at different rates, and have the ability to put them all on a single bill. ACE*COMM will be demonstrating such features as system security, configurable user setup and profiles, stock and hardware management, debtor management, rating, tariffing, bundling and discounting, and JBill's CRM capabilities.

--ViewBill is a comprehensive multilevel EBPP product for managing billing accounts. ACE*COMM will be demonstrating such features as self-care facilities, instant online presentation of unbilled data, online payment and graphical representations of bills, as well as the many organizational and customer benefits.

To Schedule a Meeting:

For more information on ACE*COMM's OSS solutions suite, or to book a demo at the Telecom '04 event in Las Vegas, please contact: [e-mail].

About ACE*COMM

ACE*COMM is a global provider of 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, multi-media, and Internet communications networks. These solutions include the analytical tools required to extract knowledge from operating networks - knowledge customers use for revenue recovery, reduction of costs, acceleration of time-to-market for new services, and more effective customer care. ACE*COMM also offers interoperable wireless billing and electronic payment solutions, in addition to mediation and OSS solutions, for operators in both developed and emerging markets around the world. 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 presently enabling the success of customers and partners such as AT&T, Cisco, IBM, Marconi, Motorola, Alcatel, General Dynamics, Northrop Grumman, Unisys, and Siemens. ACE*COMM is a registered ISO 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 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.