Department of Defense Resumes Purchases Of ACE*COMM's NetPlus(R)6 Following Security Certification
June 06 2007 - 9:04AM
Business Wire
ACE*COMM Corporation (NASDAQ: ACEC) announced today that a
Department of Defense (�DoD�) agency based in Japan has ordered
NetPlus� version 6.0, the Company�s Enterprise Operations Support
System (EOSS), to upgrade a military site in the Asia Pacific
Region. This procurement action follows the addition of NetPlus to
the Approved Product List of the Defense Information Switch Agency,
as announced by the Company in May 2007. Earlier this year, the
Government mandated that any communications products purchased by
DoD for connection to the worldwide Defense Switched Network must
be tested and certified for interoperability, information assurance
and other security requirements. This mandate effectively halted
prospective procurement of NetPlus products until certification was
achieved. �Having our NetPlus product on the Approved Product List
opens the opportunity to market and sell throughout the DoD arena,�
said Ben Gray, Vice President of ACE*COMM�s EOSS group. �Only a
handful of companies have been certified by DoD and that
achievement, along with this follow-on order, is confirmation of
our strategy to position our web-based version of NetPlus as a DoD
multi-site application.� Gray continued, �NetPlus 6.0 is capable of
supporting a diverse switch population in remote, secure locations
around the world. For over a decade, earlier versions of NetPlus
have been one of ACE*COMM�s most successful products, with more
than 150 DoD systems installed or on order; and we believe we will
continue to be a preferred technology for the DoD.� About ACE*COMM
ACE*COMM is a global provider of value-added services and advanced
operations support systems (OSS) 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 software
applications that enable new carrier service offerings and the
analytical tools required to extract knowledge from operating
networks�knowledge customers use for cost containment, improved
operational efficiency, acceleration of time-to-market for new
services, and more effective customer care. For over 20 years,
ACE*COMM technology has been effectively deployed for more than 300
customers, spanning over 4000 installations in 70 countries
worldwide. ACE*COMM-installed products are currently enabling the
success of customers and partners such as Alcatel - Lucent,
AT&T, Cisco, General Dynamics, IBM, Level 3 Communications,
,Motorola, Northrop Grumman, and Siemens.. Headquartered in the
Washington, DC area, ACE*COMM has corporate offices in Australia,
Canada, China, and the UK. ACE*COMM is an ISO 9001 compliant
company. For more information, visit www.acecomm.com. ACE*COMM,
NetPlus, the ACE*COMM logo, and N*VISION are registered trademarks,
and Convergent Mediation and Parent Patrol are trademarks of
ACE*COMM Corporation. 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.
Ace Comm Corp (MM) (NASDAQ:ACEC)
Historical Stock Chart
From Jul 2024 to Aug 2024
Ace Comm Corp (MM) (NASDAQ:ACEC)
Historical Stock Chart
From Aug 2023 to Aug 2024