ACE*COMM To Speak at Key Industry Events.

GAITHERSBURG, Md. -- ACE*COMM Corporation (NASDAQ:ACEC), a global provider of advanced OSS, value-added services, and network business intelligence solutions, today announced that it will be making presentations at the following industry events in Europe:

1)  Business Intelligence in Telecoms
    Date: September 21, 2006
    Location: Amsterdam, The Netherlands

    ACE*COMM will chair an executive roundtable discussion on "Good
    Data Governance and Practices for Application Across the
    Business." Additionally, ACE*COMM will present the topic "Creating
    standardized interfaces for presenting data that would satisfy the
    requirements from internal user groups."

    For more information:
    http://www.businessintelligence-events.com/programme.htm

2)  IIR Telecoms Market Forecasting
    Date: September 25, 2006
    Location: Lisbon, Portugal

    ACE*COMM will present the topic "Utilizing Business Intelligence
    to Evaluate the Success of New Services."

    For more information:
    http://www.iir-events.com/IIR%2Dconf/Telecoms/

3)  Mobile Youth 2006 Summit
    Date: October 20, 2006
    Location: London, UK

    ACE*COMM will participate on a roundtable panel of leading telecom
    and marketing executives to discuss mobile youth issues and
    opportunities.

    For more information:
    http://www.w2forum.com/i/mobileYouth_Summit/

    Visit the ACE*COMM Speaker's Corner Web page for updates on
    industry presentations:
    http://www.acecomm.com/events/speakerscorner.htm

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 to extract 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 an ISO 9001 compliant company. For more information, visit www.acecomm.com.

ACE*COMM and the ACE*COMM logo are registered trademarks 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.