ACE*COMM Reports Receipt of NASDAQ Capital Market Notification of Non-Compliance with Listing Standard

  
    
  
  
    
      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.