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Technology Stocks : ACE*COMM Corporation (ACEC)

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To: John Green who started this subject1/13/2002 2:39:10 AM
From: Bruce Byall  Read Replies (1) of 852
 
ACE*COMM Captures 2001 'Product of the Year' Award From Communications SOLUTIONS(TM) Magazine

N*VISION(R) Proven, Fielded Technology Awarded Top Industry Honor For Revenue-Enhancement and Cost-Reduction Benefits to Service Providers

GAITHERSBURG, Md., Jan 8, 2002 /PRNewswire via COMTEX/ -- ACE*COMM Corporation (Nasdaq: ACEC chart, msgs), the innovator of Convergent Mediation(TM) and provider of Next Generation Network (NGN) Operations Support Systems (OSS) technologies, today announced that its N*VISION(R) product has captured the 2001 'Product of the Year' award for 'Billing/Data Mediation' from TMC's Communications SOLUTIONS(TM) Magazine. The award is designed to honor innovative products and services that have furthered voice and data convergence. This is the magazine's highest honor in recognizing exemplary contributions to the industry.

"As the industry matures, we're finding more than just products and services on the market -- entire solutions are being offered," said TMC president and group publisher Rich Tehrani. "Communications SOLUTIONS(TM) magazine initiated the Product of the Year award program to help our readers sort through the vast proliferation of new products and services in the marketplace. The Product of the Year award, selected by the editors of Communications SOLUTIONS(TM) and the engineers of TMC Labs(TM), is given to those select products, such as ACE*COMM's N*VISION(R), that deserve the attention of forward-thinking organizations looking for best-of-breed solutions. We are pleased to honor the Product of the Year winners, as they lay the groundwork for the next generation of communications solutions."

"This is a strong industry validation of what our customers have been telling us -- N*VISION(R) is critical to network productivity. Now it will be the product against which all competitors will be measured," said Martin Demers, Chief Marketing Officer at ACE*COMM. "N*VISION(R) has allowed service providers to capture more revenue from ongoing business and save operating costs through improved performance. For example, one of our customers -- an integrated communications provider offering broadband data and voice services to the commercial market -- has cited a net revenue benefit of about $1 million per month, directly attributed to their N*VISION(R) system."

With 75,000 industry-focused readers, TMC Communications SOLUTIONS Magazine(TM) is known as the industry's premier resource for identifying leading-edge solutions that drive an intensely competitive marketplace. Every year TMC Labs(TM) engineers select from the industry's array of products the best overall communications solutions. These products must be proven and fielded with recommendations from customer install sites.
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