Ace Comm Corp (MM) (NASDAQ:ACEC)
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From May 2019 to May 2024
Advanced OSS provider ACE*COMM Corporation (Nasdaq: ACEC) today
announced that it has been selected by mBlox, the world’s
largest mobile transaction network, to support its prototype Billing and
Order Management system. ACE*COMM was chosen to provide professional
services to support mBlox’s “Evolution
Program.” The program is an mBlox
initiative to increase investment in its Business Support Systems (BSS)
in order to underpin its continued business growth.
ACE*COMM will provide mBlox with strategic technical consultation and a
functional prototype to refine and improve its final billing and order
management solution for mBlox’s end users.
ACE*COMM is using its recently announced OpenARMS (Advanced Revenue
Management Solution) to build the base model for the prototype.
“mBlox’s Evolution
Program is an important initiative to ensure that we continue to provide
efficient and comprehensive services to our clients. The selection of
ACE*COMM to support our Evolution Program is a key factor in our
strategic expansion program,” said Justin
Leese, Senior Vice President, Technology and Operations of mBlox. “After
an in-depth bidding process, we determined that ACE*COMM could best meet
our needs in creating a prototype that will assess our ability to
rapidly and cost-effectively deploy new services and changes to existing
services.”
Jim Greenwell, CEO of ACE*COMM, commented: “We
are delighted to be working with mBlox on this important program. mBlox
is at the forefront of its field and our consultative support will
enable them to accelerate their overall business development. We
continue to build our knowledge and presence in the mobility space and
look forward to expanding our relationship with mBlox based on our
preliminary success.”
About mBlox
mBlox is the world’s largest mobile
transaction network. Specializing in the commercial and technical
complexities of mobile payment and message transmission, mBlox is in the
business of connecting companies with customers. The result of this
dedicated attention to messaging services is that mBlox delivers
comprehensive and dependable SMS transport and financial settlement
services. With an international network of offices, mature operator
relationships and carrier-grade infrastructure, mBlox powers mobile
business. mBlox is headquartered in Sunnyvale, California, with EMEA
headquarters in London, Asia headquarters in Singapore and offices
around the world. For further information visit http://www.mblox.com
About the mBlox Evolution Program
Traffic on the mBlox network has been doubling approximately every 12
months. In order to support this continued growth mBlox decided to
embark on a major project during 2007 to implement highly scalable,
Commercial Off The Shelf (COTS) packages for Billing, Order Management,
Provisioning, Business Analytics/Data Warehousing and Customer Portal.
In 2008 it is intended to move into a second phase of the project to
look at enhancement or replacement of Enterprise Resource Planning (ERP)
systems and Customer Relationship Management systems (CRM). Running in
parallel to the systems integration work is a major Business Process
Re-Engineering and training initiative to ensure the new systems are
leveraged to their full extent.
About ACE*COMM Corporation
ACE*COMM is a global provider of 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 ACE*COMM’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 ACE*COMM’s ability to
adequately support its operations, and other risks detailed from time to
time in the ACE*COMM’s Report on Form 10-Q
and other reports filed with the Securities Exchange Commission.