ACE*COMM Corporation (NASDAQ: ACEC), a global provider of value
added services for telecom operators and advanced operations
support systems (OSS) solutions, today announced the appointment of
Jim Greenwell as president. Mr. Greenwell has over 18 years of
management experience, including sales, marketing, business
development, and operations for telecommunications companies. Mr.
Greenwell will report to George T. Jimenez, who remains as CEO and
Chairman of the Board. �With his industry knowledge, leadership
skills and experience growing businesses profitably, Jim possesses
the capabilities to guide ACE*COMM to fully capitalize on the
compelling market potential for our technology,� said Mr. George T.
Jimenez, Chairman and CEO. �As president, he will have the support
of a cohesive, seasoned management team committed to achieving the
company�s financial and business goals. I have challenged this team
with some very aggressive business growth and profitability goals,
and I have the utmost confidence in their ability to deliver.�
Prior to joining ACE*COMM, Jim was senior vice president at LCC
International, a global leader in voice and data design, deployment
and management solutions to the wireless telecommunications
industry, responsible for the Americas and Asia Pacific Division.
While there he successfully reengineered the division back to
profitability by divesting certain operations, focusing on selling
profitable new business and controlling costs. Prior to heading up
the Americas and Asia Pacific Division, Jim served as vice
president of sales and account management where he exceeded sales
goals and was instrumental in bringing in some of the largest deals
in the company�s history. Prior to LCC, Jim was a managing director
at Markowitz and McNaughton, a consulting firm where he engineered
a turn-around in profitability and sales, building the company to
record revenues while decreasing turnover and increasing
profitability. Jim also served as a reengineering/change management
consultant with Coopers and Lybrand and was a sales manager for
Environmental Tectonics Corporation. His career began as a military
intelligence officer in the U.S. Army where he focused on Signals
Intelligence. Jim is a graduate of Western Kentucky University and
holds an MBA from the Darden School of Business, at the University
of Virginia. �ACE*COMM has a rich tradition and reputation in
technology innovation and customer satisfaction,� said Mr.
Greenwell. �It is my goal to focus our team on the fundamentals
that have made our company a reputable and successful global leader
in providing network based solutions to our customers. We have an
opportunity to build upon a strong foundation of committed
professionals throughout the globe, a diverse and extensive
customer base, an excellent brand, and an innovative product focus
that will define our company�s success for the future. It is a
privilege to assume the role of President and I look forward to
working with everyone on the team to achieve our goals.� About
ACE*COMM ACE*COMM is a global provider of value added services for
telecom operators and advanced operations support systems (OSS)
solutions for telecom 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 customers 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. For over 20 years, ACE*COMM technology has been
effectively deployed for more than 300 customers, spanning over
4,000 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 the Washington, DC area,
ACE*COMM has corporate offices in Australia, Canada, China, and the
UK. ACE*COMM is a registered ISO 9001 quality standard 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
materialise, 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 Corporation
(NASDAQ: ACEC), a global provider of value added services for
telecom operators and advanced operations support systems (OSS)
solutions, today announced the appointment of Jim Greenwell as
president. Mr. Greenwell has over 18 years of management
experience, including sales, marketing, business development, and
operations for telecommunications companies. Mr. Greenwell will
report to George T. Jimenez, who remains as CEO and Chairman of the
Board. "With his industry knowledge, leadership skills and
experience growing businesses profitably, Jim possesses the
capabilities to guide ACE*COMM to fully capitalize on the
compelling market potential for our technology," said Mr. George T.
Jimenez, Chairman and CEO. "As president, he will have the support
of a cohesive, seasoned management team committed to achieving the
company's financial and business goals. I have challenged this team
with some very aggressive business growth and profitability goals,
and I have the utmost confidence in their ability to deliver."
Prior to joining ACE*COMM, Jim was senior vice president at LCC
International, a global leader in voice and data design, deployment
and management solutions to the wireless telecommunications
industry, responsible for the Americas and Asia Pacific Division.
While there he successfully reengineered the division back to
profitability by divesting certain operations, focusing on selling
profitable new business and controlling costs. Prior to heading up
the Americas and Asia Pacific Division, Jim served as vice
president of sales and account management where he exceeded sales
goals and was instrumental in bringing in some of the largest deals
in the company's history. Prior to LCC, Jim was a managing director
at Markowitz and McNaughton, a consulting firm where he engineered
a turn-around in profitability and sales, building the company to
record revenues while decreasing turnover and increasing
profitability. Jim also served as a reengineering/change management
consultant with Coopers and Lybrand and was a sales manager for
Environmental Tectonics Corporation. His career began as a military
intelligence officer in the U.S. Army where he focused on Signals
Intelligence. Jim is a graduate of Western Kentucky University and
holds an MBA from the Darden School of Business, at the University
of Virginia. "ACE*COMM has a rich tradition and reputation in
technology innovation and customer satisfaction," said Mr.
Greenwell. "It is my goal to focus our team on the fundamentals
that have made our company a reputable and successful global leader
in providing network based solutions to our customers. We have an
opportunity to build upon a strong foundation of committed
professionals throughout the globe, a diverse and extensive
customer base, an excellent brand, and an innovative product focus
that will define our company's success for the future. It is a
privilege to assume the role of President and I look forward to
working with everyone on the team to achieve our goals." About
ACE*COMM ACE*COMM is a global provider of value added services for
telecom operators and advanced operations support systems (OSS)
solutions for telecom 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 customers 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. For over 20 years, ACE*COMM technology has been
effectively deployed for more than 300 customers, spanning over
4,000 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 the Washington, DC area,
ACE*COMM has corporate offices in Australia, Canada, China, and the
UK. ACE*COMM is a registered ISO 9001 quality standard 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
materialise, 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)
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