ACE*COMM Signs First Customer as Approved SBC Communications Vendor.

GAITHERSBURG, Md. -- Company Partners with SBC to Deploy NetPlus(R) 6 to Manage Communications Infrastructure of US Government Customer

ACE*COMM Corporation (NASDAQ:ACEC), a global provider of advanced operations support systems (OSS) solutions for communications networks, today announced that it has signed its first contract as an approved SBC Communications Inc. (SBC) vendor. SBC is a Fortune 50 company whose subsidiaries, operating under the SBC brand, provide a full range of voice, data, networking, e-business, directory publishing, and advertising services to businesses, consumers, and other telecommunications providers. With SBC as a prime contractor, ACE*COMM will be deploying its NetPlus(R) 6 enterprise operations support system (EOSS) solution for a US government customer.

"This contract is significant to us for three reasons - it marks our first joint customer with SBC, it further emphasizes our value to US government organizations, and it marks another deployment using the NetPlus(R) Lucent 5ESS interface," said George T. Jimenez, CEO of ACE*COMM. "SBC is clearly an important player in our industry sector. Their selection of ACE*COMM as a strategic partner and approved vendor - with access to their customer base - is an indication of the competitive advantage our solution offers to military and government organizations. We look forward to working with SBC to combine their industry-leading network technologies with our OSS expertise to deliver a highly effective telemanagement solution to their customers."

NetPlus(R) 6 is the latest version of ACE*COMM's EOSS that provides an advanced level of usability and interoperability, enabling large-scale enterprises to reduce communications network operating costs and enhance network efficiency. NetPlus(R) 6 features a platform based on the n-tiered Java 2 Enterprise Edition (J2EE) architecture, and represents a major improvement in flexibility, extensibility, and mobility as compared to present day systems. The new browser-based interface eliminates the need for time-consuming client installation and upgrades, and includes a configurable Workflow Engine that enables information technology (IT) departments to further automate labour and paper-intensive processes for improved network operating efficiency and data accuracy.

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 4,000 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 materialise, 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.