ACEC Ace Comm Corp (MM)

ACE*COMM Corporation (NASDAQ:ACEC), a global provider of advanced OSS and value-added services applications, today announced that Vivodi Telecommunications, S.A. will be deploying its new N*VISION� 2 (NV2) hyperconvergent mediation solution. Vivodi is a rapidly-growing next-generation Voice-over-IP (VoIP) and IP/Data service provider in Greece. NV2 is the next generation of ACE*COMM�s award winning convergent mediation solution, which has been significantly enhanced to meet the demands of carriers� mediation and collection environments. �In the current telecommunications marketplace, operators such as Vivodi are facing increased competition and an increasingly sophisticated customer base with a growing demand for new service offerings,� said John Bennett, President of ACE*COMM. �With the rapid growth of its customer base and new technology deployments, Vivodi identified the requirement for a robust next generation mediation solution to address its back-office issues and effectively reduce capital and operating cost pressures.� ACE*COMM is deploying its NV2 solution to fully automate Vivodi�s retail and interconnect billing mediation processes. This will enable Vivodi to continue network expansion and new product deployment, while at the same time expediting the time-to-revenue of new products and services by being able to adapt and evolve their mediation system as required. This provides Vivodi with a competitive advantage over other carriers. Based on core ACE*COMM technology and expertise, the NV2 product suite enables the flow of information in hyperconvergent environments by removing traditional application barriers that delay or even prevent the incorporation of new products and services. NV2 can acquire data in virtually any format, from any source. It validates, correlates, and transforms the data into the formats required by external applications and networks, and routes it to the appropriate destination based on the business rules defined by the service provider. It controls, moderates, and facilitates the interactive communication between multiple network technologies and the software support systems used in delivering high demand, high ROI services � without abandoning critical legacy network and infrastructure investments. About Vivodi Telecommunications Vivodi Telecommunications S.A., is the only alternative Greek operator offering a full compliment of residential, corporate, and carrier services. Vivodi Telecom incorporates leading edge, �state-of-the-art� technology in all its product lines, from fixed Telephony and Internet, to Broadband services. Current projects include the deployment of a metropolitan fiber network and DSL nodes supporting ADSL2+ technology, to drive Vivodi Telecom�s Triple-Play services. This establishes Vivodi as the only Greek operator to offer high capacity Internet service (up to 24Mbps to the home/office), video on demand, and IPTV, to name but a few. Vivodi Telecom�s customer-centric objective differentiates our products and has established us as a market leader. Vivodi Telecom�s network comprises a nation-wide and international Points-of-Presence. Continued investments in developing a robust network have resulted in an enviable Quality of Service and piece of mind for our customers. 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 for extracting 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, and ACE*COMM Enterprise Patrol 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. ACE*COMM Corporation (NASDAQ:ACEC), a global provider of advanced OSS and value-added services applications, today announced that Vivodi Telecommunications, S.A. will be deploying its new N*VISION(R) 2 (NV2) hyperconvergent mediation solution. Vivodi is a rapidly-growing next-generation Voice-over-IP (VoIP) and IP/Data service provider in Greece. NV2 is the next generation of ACE*COMM's award winning convergent mediation solution, which has been significantly enhanced to meet the demands of carriers' mediation and collection environments. "In the current telecommunications marketplace, operators such as Vivodi are facing increased competition and an increasingly sophisticated customer base with a growing demand for new service offerings," said John Bennett, President of ACE*COMM. "With the rapid growth of its customer base and new technology deployments, Vivodi identified the requirement for a robust next generation mediation solution to address its back-office issues and effectively reduce capital and operating cost pressures." ACE*COMM is deploying its NV2 solution to fully automate Vivodi's retail and interconnect billing mediation processes. This will enable Vivodi to continue network expansion and new product deployment, while at the same time expediting the time-to-revenue of new products and services by being able to adapt and evolve their mediation system as required. This provides Vivodi with a competitive advantage over other carriers. Based on core ACE*COMM technology and expertise, the NV2 product suite enables the flow of information in hyperconvergent environments by removing traditional application barriers that delay or even prevent the incorporation of new products and services. NV2 can acquire data in virtually any format, from any source. It validates, correlates, and transforms the data into the formats required by external applications and networks, and routes it to the appropriate destination based on the business rules defined by the service provider. It controls, moderates, and facilitates the interactive communication between multiple network technologies and the software support systems used in delivering high demand, high ROI services - without abandoning critical legacy network and infrastructure investments. About Vivodi Telecommunications Vivodi Telecommunications S.A., is the only alternative Greek operator offering a full compliment of residential, corporate, and carrier services. Vivodi Telecom incorporates leading edge, 'state-of-the-art' technology in all its product lines, from fixed Telephony and Internet, to Broadband services. Current projects include the deployment of a metropolitan fiber network and DSL nodes supporting ADSL2+ technology, to drive Vivodi Telecom's Triple-Play services. This establishes Vivodi as the only Greek operator to offer high capacity Internet service (up to 24Mbps to the home/office), video on demand, and IPTV, to name but a few. Vivodi Telecom's customer-centric objective differentiates our products and has established us as a market leader. Vivodi Telecom's network comprises a nation-wide and international Points-of-Presence. Continued investments in developing a robust network have resulted in an enviable Quality of Service and piece of mind for our customers. 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 for extracting 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, and ACE*COMM Enterprise Patrol 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.