ACEC Ace Comm Corp (MM)

ACE*COMM Corporation (NASDAQ:ACEC), a global provider of advanced OSS and value-added services applications, today reported that NASDAQ has notified the company it is not in compliance with a continuous listing requirement for inclusion on the NASDAQ Capital Market because pursuant to NASDAQ Marketplace Rule 4310c(4), the Company�s price per share for its Common Stock had closed below the minimum $1.00 per share requirement for 30 consecutive business days. NASDAQ Marketplace Rule 4310c(8)(D), provides the company 180 calendar days, until September 18, 2007, to regain compliance with NASDAQ�s minimum bid price requirement. In order to regain compliance, the bid price of ACE*COMM�s common stock must close at $1.00 or more per share for at least 10 consecutive trading days prior to September 18, 2007. 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 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 that network operators 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. 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 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 Gaithersburg, MD, near Washington, DC, area, ACE*COMM has corporate offices in Australia, Canada, China, and the UK. ACE*COMM is an ISO 9001 quality standard complaint company. For more information, visit www.acecomm.com. 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.