Cincinnati Bell Wireless Launches Parental Controls from ACE*COMM.

ACE*COMM's Parent Patrol[R] Driving CBW's New Parental Controls Service

GAITHERSBURG, Md. -- ACE*COMM Corporation (ACEC.OB) today announced its Parent Patrol[R] application has been deployed and launched at Cincinnati Bell Wireless (CBW) under CBW's brand name, "Parental Controls." CBW serves more than 500,000 subscribers in its licensed service territory, which comprises Cincinnati and Dayton, Ohio, and areas of northern Kentucky and south-eastern Indiana.

"Today's busy parents welcome the convenience and security of being able to reach their children via mobile phones," said Eric Schimpf, general manager of Cincinnati Bell Wireless, "but many are concerned about problems of overuse and usage at inappropriate times. Parental Controls provides what parents are looking for - the ability to set reasonable limits on usage while allowing their children to have fun and participate in their social networks."

"We're very excited about CBW's choice of Parent Patrol to drive its Parental Controls service," said Jonjie Sena, ACE*COMM's Vice President of Marketing for Value-Added Services. "It demonstrates not only the value of parental controls for mobile phones, but also its acceptance by parents as an important and useful tool in the complex job of raising children in today's world."

Sena points out that parental controls have gone mainstream in personal computers and video game terminals, so it is only natural they should be part of children's mobile phone experience.

"CBW is clearly a market leader for this kind of innovative service," Sena continued. "It puts them way ahead of their competitors when it comes to offering real, useful parental control services for today's very connected families. Our technical teams worked together to make this product launch possible, and we're looking forward to building on this foundation to create a rich roadmap of related services."

CBW's Parental Controls service launched on November 19, 2007. It retails for $5 per month, per child subscribed to the service, on top of regular network charges. For more information, see www.cincinnatibell.com/parentalcontrols and www.parent-patrol.com.

Parent Patrol provides parents with an intuitive Web-based interface to set allowance limits on their children's mobile phone usage, including parameters such as time of day, numbers called or received, minutes used, and services accessed.

About ACE*COMM

ACE*COMM is a global provider of advanced operations support systems (OSS) and service delivery solutions for telecommunications service providers and enterprises. ACE*COMM's advanced OSS solutions are applicable to a range of legacy through next-generation networks that include wired, wireless, voice, data, multimedia and Internet communications networks. Network operators use them for revenue management, cost reduction, improved operational efficiency, acceleration of time-to-market for new services, and more effective customer care. ACE*COMM's service delivery solutions provide mobile service providers with award-winning, in-demand consumer-oriented services to help them achieve and sustain market share, generate new revenue and position themselves as market innovators.

For more than 20 years, ACE*COMM technology has been effectively deployed for more than 300 customers, spanning more than 4,000 installations in 70 countries worldwide. ACE*COMM-installed products are currently enabling the success of customers and partners such as Alcatel-Lucent, AT&T, Bell Aliant, Cincinnati Bell, Cisco, General Dynamics, IBM, Motorola, Northrop Grumman, Siemens, and VeriSign. Headquartered in Gaithersburg, MD, ACE*COMM has corporate offices in Australia, Canada and the UK. ACE*COMM is an ISO 9001 quality standard compliant company. For more information, visit www.acecomm.com.

ACE*COMM, the ACE*COMM logo, and Parent Patrol 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-K and other reports filed with the Securities Exchange Commission.