ACE*COMM Wins Multi-Million Dollar Contract in Southeast Asia for Network Data Collection.

GAITHERSBURG, Md. -- ACE*COMM Corporation (NASDAQ:ACEC), a global provider of network business intelligence and advanced operations support systems (OSS) solutions, today announced that it will provide a country-wide network data collection solution to a leading carrier in Southeast Asia. The project, which is expected to commence roll-out in August 2005, has a multi-million dollar value to ACE*COMM. The carrier is a provider of communication services and solutions to millions of subscribers for fixed-line, mobile, data, and broadband services in several countries in Asia.

ACE*COMM will deploy a network-wide solution to capture, assemble, process, and store transaction records and traffic data generated by network elements. Designed for the wireline, wireless, and data markets, the data collection system will significantly reduce the risk of billing data loss and speed the transmission of billing data to central collection and billing systems. ACE*COMM's network data collection solution will replace the existing system, which no longer addresses the carrier's critical requirements, and should significantly reduce operational costs.

Commented Michael Tinmouth, Senior Vice-President of Business Development for ACE*COMM: "This deal is significant to ACE*COMM, as it underscores our presence and the validity of our offerings to operators in the Asia-Pacific region, and provides a base for the introduction of complementary ACE*COMM products. We will continue to target this region with our Network Business Intelligence solutions for addressing revenue leakage, recovering network assets, increasing data quality, and improving operational efficiency. Our goal is to enable our customers to achieve maximum profitability from their networks. Enabling data integrity at the network level is simply the first step in our holistic, end-to-end approach."

ACE*COMM's Network Business Intelligence solutions provide the data management processes and systems to increase the effectiveness of marketing and sales, improve internal accountability, halt revenue leakage, optimize margins, recover network assets, and support billing, network management, and CRM operations.

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 4,000 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.

ACE*COMM, NetPlus, the ACE*COMM logo, and N*VISION are registered trademarks, and Convergent Mediation and Parent Patrol are 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.