Ace Comm Corp (MM) (NASDAQ:ACEC)
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From Oct 2019 to Oct 2024
ACE*COMM Corporation (Nasdaq: ACEC) a provider of advanced technology
solutions for telecommunications service providers, today announced that
the U.S. patent office awarded the Company a patent covering essential
technologies underlying a number of the solutions ACE*COMM offers
customers. These solutions, which strengthen ACE*COMM’s
position in the OSS telecom market, encompass the areas of Billing,
Mediation, and Service Delivery.
Jim Greenwell, CEO of ACE*COMM, commented, “ACE*COMM's
patented data processing technology includes a high performance,
configurable mediation engine that can be easily adapted to process
usage measurement events into billable records. The same system can also
be used as a trigger mediation system for the application of business
rules when handling signaling or transactional events for access
controls. This technology has served as the backbone for ACE*COMM’s
traditional mediation products such as OpenARMS, N*USAGE®
and N*VISION®. We continue to refine our
existing products through technology advances and innovative thought.”
ACE*COMM’s patent is for a “NETWORK
SERVICES PROVIDER PLATFORM FOR SUPPORTING USAGE-SENSITIVE BILLING AND
OPERATION SERVICES.” It protects the
proprietary methods and practices used by ACE*COMM in the covered
products and services that the Company delivers to customers against the
use or replication of these technologies by others. It also marks the
calendar time when the technologies were invented and establishes the
precedence of this particular intellectual property for use in defending
any future claims.
About ACE*COMM Corporation
ACE*COMM is a global provider of advanced operations support systems and
value-added services for managed mobility applications that advance
personalization and enable service providers and enterprises to realized
greater revenue with minimum time or cost to market. Via a suite of
service delivery solutions, ACE*COMM delivers the customizable, platform
independent and easily deployed tools that directly impact the user’s
bottom line. ACE*COMM’s service delivery
solutions provide mobile service providers with award-winning, in-demand
consumer-oriented products that help achieve and sustain market share
and generate new revenue. ACE*COMM is headquartered in Gaithersburg,
Maryland, with European headquarters in London, and offices around the
world. For further information visit http://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.