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To: Findit who wrote (91271)	8/4/2003 3:49:55 PM
From: KaiserSosze	Read Replies (1) \| Respond to of 208838

I'm in on ORCH at $1.59.

To: Findit who wrote (91271)	8/4/2003 3:53:03 PM
From: hotlinktuna	Read Replies (1) \| Respond to of 208838

Haven't checked NUVO...back in COVD at 1.62 now 1.65 +.23 as some late strength showing up....tuna

To: Findit who wrote (91271)	8/5/2003 9:18:35 AM
From: stormrider1	Read Replies (2) \| Respond to of 208838

IIIM merger i3 MOBILE Announces Non-Binding Letter of Intent to Merge With ACECOMM Business Wire - August 05, 2003 09:13 STAMFORD, Conn. & GAITHERSBURG, Md.--(BUSINESS WIRE)--Aug. 5, 2003--i3 Mobile, Inc. (NASDAQ: IIIM), today announced that it has signed a non-binding Letter of Intent with ACECOMM Corporation (NASDAQ: ACEC), to be acquired via a merger with ACECOMM or a wholly owned subsidiary of ACECOMM. If such transaction is consummated in accordance with the Letter of Intent, i3 Mobile stockholders will receive shares of ACECOMM common stock pursuant to a formula valuing ACECOMM's common stock at market value less a discount and valuing i3 Mobile at an amount equal to its cash, net of specified liabilities and commitments at the closing of the merger. The parties have agreed to work together to enter into a definitive merger agreement as soon as practicable. Thereafter, the closing will be contingent upon, among other things, shareholder and other customary regulatory approvals by both companies. The non-binding Letter of Intent prohibits i3 Mobile from actively negotiating with other parties for a specified period. It is anticipated that the merger will close in the fourth quarter of 2003. J. William Grimes, Chairman of the Board and interim Chief Executive Officer of i3 Mobile, said, "We are very enthusiastic about the progress of our discussions for a proposed merger with ACECOMM. We believe that ACECOMM's management, product offerings, and customer base are outstanding and that ACECOMM is well positioned for market leadership and growth." George Jimenez, ACECOMM's Chairman and Chief Executive Officer said, "The greater financial resource base provided by i3 will create a stronger and more competitive company better able to capture and maximize the opportunities in the OSS (operations support systems) and BSS (business support systems) solution markets. In addition, this merger will facilitate ACE*COMM's growth strategy which includes the acquisition of complimentary technologies and businesses. We look forward to working with i3 Mobile to reach a definitive agreement as soon as practicable."