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ACE-COMM Appoints Jim Greenwell as President

9:37 pm   -   November 30th, 2006

ACE*COMM Corporation (NASDAQ: ACEC), a global provider of value added services for telecom operators and advanced operations support systems (OSS) solutions, has appointed Jim Greenwell as president. Mr. Greenwell has over 18 years of management experience, including sales, marketing, business development, and operations for telecommunications companies. Mr. Greenwell will report to George T. Jimenez, who remains as CEO and Chairman of the Board.

Prior to joining ACE*COMM, Jim was senior vice president at LCC International, a global leader in voice and data design, deployment and management solutions to the wireless telecommunications industry, responsible for the Americas and Asia Pacific Division. While there he successfully reengineered the division back to profitability by divesting certain operations, focusing on selling profitable new business and controlling costs. Prior to heading up the Americas and Asia Pacific Division, Jim served as vice president of sales and account management where he exceeded sales goals and was instrumental in bringing in some of the largest deals in the company’s history.

Prior to LCC, Jim was a managing director at Markowitz and McNaughton, a consulting firm where he engineered a turn-around in profitability and sales, building the company to record revenues while decreasing turnover and increasing profitability. Jim also served as a reengineering/change management consultant with Coopers and Lybrand and was a sales manager for Environmental Tectonics Corporation. His career began as a military intelligence officer in the U.S. Army where he focused on Signals Intelligence. Jim is a graduate of Western Kentucky University and holds an MBA from the Darden School of Business, at the University of Virginia.

“ACE*COMM has a rich tradition and reputation in technology innovation and customer satisfaction,” said Mr. Greenwell. “It is my goal to focus our team on the fundamentals that have made our company a reputable and successful global leader in providing network based solutions to our customers. We have an opportunity to build upon a strong foundation of committed professionals throughout the globe, a diverse and extensive customer base, an excellent brand, and an innovative product focus that will define our company’s success for the future. It is a privilege to assume the role of President and I look forward to working with everyone on the team to achieve our goals.”

About ACE*COMM
ACE*COMM is a global provider of value added services for telecom operators 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.

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