<SUBMISSION>
<ACCESSION-NUMBER>0000950133-06-005176
<TYPE>8-K
<PUBLIC-DOCUMENT-COUNT>3
<PERIOD>20061201
<ITEMS>5.02
<FILING-DATE>20061201
<DATE-OF-FILING-DATE-CHANGE>20061201
<FILER>
<COMPANY-DATA>
<CONFORMED-NAME>ACE COMM CORP
<CIK>0001017526
<ASSIGNED-SIC>7373
<IRS-NUMBER>521283030
<STATE-OF-INCORPORATION>MD
<FISCAL-YEAR-END>0630
</COMPANY-DATA>
<FILING-VALUES>
<FORM-TYPE>8-K
<ACT>34
<FILE-NUMBER>000-21059
<FILM-NUMBER>061250588
</FILING-VALUES>
<BUSINESS-ADDRESS>
<STREET1>704 QUINCE ORCHARD RD
<CITY>GAITHERBURG
<STATE>MD
<ZIP>20878
<PHONE>3012589850
</BUSINESS-ADDRESS>
<MAIL-ADDRESS>
<STREET1>704 QUINCE ORCHARD ROAD
<CITY>GAITHERSBERG
<STATE>MD
<ZIP>20878
</MAIL-ADDRESS>
</FILER>
<DOCUMENT>
<TYPE>8-K
<SEQUENCE>1
<FILENAME>w27707e8vk.htm
<DESCRIPTION>FORM 8-K
<TEXT>
<HTML>
<HEAD>
<TITLE>e8vk</TITLE>
</HEAD>
<BODY bgcolor="#FFFFFF">
<!-- PAGEBREAK -->
<H5 align="left" style="page-break-before:always">&nbsp;</H5><P>
<P>
<P ALIGN="CENTER">
<FONT SIZE="4">
                UNITED STATES<BR>
        SECURITIES AND EXCHANGE COMMISSION
</FONT>
<BR>
<FONT SIZE="2">
        WASHINGTON, D.C. 20549
</FONT>
<P ALIGN="CENTER">
<FONT SIZE="5">
        FORM 8-K
</FONT>
<FONT SIZE="2">

</FONT>
</P>
<P ALIGN="CENTER">
<FONT SIZE="3">
        CURRENT REPORT
</FONT>
</P>
<P ALIGN="CENTER">
<FONT SIZE="2">
        Pursuant to Section&nbsp;13 or 15(d) of the Securities Exchange Act of 1934
</FONT>
</P>
<CENTER>
<TABLE CELLSPACING="0" BORDER="0" CELLPADDING="0" WIDTH="100%">
<TR VALIGN="BOTTOM">
<TD WIDTH="51%">
        &nbsp;
</TD>
<TD WIDTH="5%">
        &nbsp;
</TD>
<TD WIDTH="44%">
        &nbsp;
</TD>
</TR>
<TR VALIGN="BOTTOM">
<TD ALIGN="CENTER" VALIGN="TOP">
<FONT SIZE="2">
        Date of Report (Date of Earliest Event Reported):
</FONT>
</TD>
<TD>
<FONT SIZE="2">
        &nbsp;
</FONT>
</TD>
<TD ALIGN="CENTER" VALIGN="TOP">
<FONT SIZE="2">
        December 1, 2006
</FONT>
</TD>
</TR>
</TABLE>
<BR>
</CENTER>
<!-- CoverPageTitle END --><!-- CoverPageRegistrant START -->
<P ALIGN="CENTER"><!-- -->
<FONT SIZE="6">
        ACE*COMM Corporation
</FONT>
<FONT SIZE="2">
<BR>__________________________________________<BR>
        (Exact name of registrant as specified in its charter)
</FONT>
<CENTER>
<TABLE CELLSPACING="0" BORDER="0" CELLPADDING="0" WIDTH="100%">
<TR VALIGN="BOTTOM">
<TD WIDTH="33%">
        &nbsp;
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<TD WIDTH="34%">
        &nbsp;
</TD>
<TD WIDTH="33%">
        &nbsp;
</TD>
</TR>
<TR VALIGN="BOTTOM">
<TD ALIGN="CENTER" VALIGN="TOP">
<FONT SIZE="2">
        Maryland
</FONT>
</TD>
<TD ALIGN="CENTER" VALIGN="TOP">
<FONT SIZE="2">
        0-21059
</FONT>
</TD>
<TD ALIGN="CENTER" VALIGN="TOP">
<FONT SIZE="2">
        52-1283030
</FONT>
</TD>
</TR>
<TR VALIGN="BOTTOM">
<TD ALIGN="CENTER" VALIGN="TOP">
<FONT SIZE="2">
_____________________<BR>
        (State or other jurisdiction
</FONT>
</TD>
<TD ALIGN="CENTER" VALIGN="TOP">
<FONT SIZE="2">
_____________<BR>
        (Commission
</FONT>
</TD>
<TD ALIGN="CENTER" VALIGN="TOP">
<FONT SIZE="2">
______________<BR>
        (I.R.S. Employer
</FONT>
</TD>
</TR>
<TR VALIGN="BOTTOM">
<TD ALIGN="CENTER" VALIGN="TOP">
<FONT SIZE="2">
        of incorporation)
</FONT>
</TD>
<TD ALIGN="CENTER" VALIGN="TOP">
<FONT SIZE="2">
        File Number)
</FONT>
</TD>
<TD ALIGN="CENTER" VALIGN="TOP">
<FONT SIZE="2">
        Identification No.)
</FONT>
</TD>
</TR>
<TR VALIGN="BOTTOM">
<TD ALIGN="CENTER" VALIGN="TOP">
<FONT SIZE="2">
        &nbsp;&nbsp;
</FONT>
</TD>
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<FONT SIZE="2">
        &nbsp;
</FONT>
</TD>
<TD ALIGN="CENTER" VALIGN="TOP">
<FONT SIZE="2">
        &nbsp;
</FONT>
</TD>
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<FONT SIZE="2">
        704 Quince Orchard Road, Gaithersburg, Maryland
</FONT>
</TD>
<TD ALIGN="CENTER" VALIGN="TOP">
<FONT SIZE="2">
        &nbsp;
</FONT>
</TD>
<TD ALIGN="CENTER" VALIGN="TOP">
<FONT SIZE="2">
        20878
</FONT>
</TD>
</TR>
<TR VALIGN="BOTTOM">
<TD ALIGN="CENTER" VALIGN="TOP">
<FONT SIZE="2">
_________________________________<BR>
        (Address of principal executive offices)
</FONT>
</TD>
<TD ALIGN="CENTER" VALIGN="TOP">
<FONT SIZE="2">
        &nbsp;
</FONT>
</TD>
<TD ALIGN="CENTER" VALIGN="TOP">
<FONT SIZE="2">
___________<BR>
        (Zip Code)
</FONT>
</TD>
</TR>
</TABLE>
</CENTER>
<CENTER>
<TABLE CELLSPACING="0" BORDER="0" CELLPADDING="0" WIDTH="100%">

<TR VALIGN="BOTTOM">
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        &nbsp;
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        &nbsp;
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        &nbsp;
</TD>
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<TD ALIGN="CENTER" VALIGN="TOP">
<FONT SIZE="2">
        Registrant&#146;s telephone number, including area code:
</FONT>
</TD>
<TD>
<FONT SIZE="2">
        &nbsp;
</FONT>
</TD>
<TD ALIGN="CENTER" VALIGN="TOP">
<FONT SIZE="2">
        301-721-3814
</FONT>
</TD>
</TR>
</TABLE>
</CENTER>
<P ALIGN="CENTER">
<FONT SIZE="2">
        Not Applicable
<BR>______________________________________________<BR>
        Former name or former address, if changed since last report
</FONT>
<P ALIGN="CENTER">
<FONT SIZE="2">
        &nbsp;
</FONT>
<!-- CoverPageRegistrant END --><P><FONT SIZE="2">
Check the appropriate box below if the Form 8-K filing is intended to
simultaneously satisfy the filing obligation of the registrant under any
of the following provisions:</FONT>
</P>
<P><FONT SIZE="2">
[&nbsp;&nbsp;]&nbsp;&nbsp;Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)<br>
[&nbsp;&nbsp;]&nbsp;&nbsp;Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)<br>
[&nbsp;&nbsp;]&nbsp;&nbsp;Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))<br>
[&nbsp;&nbsp;]&nbsp;&nbsp;Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))<br>
</P></FONT>
<P>

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<H5 align="left" style="page-break-before:always">&nbsp;</H5><P>

<P ALIGN="LEFT">
<FONT SIZE="2">
<B>
        Item 5.02 Departure of Directors or Principal Officers; Election of Directors; Appointment of Principal Officers.
</B>
</FONT>
</P>
<P ALIGN="LEFT">
<FONT SIZE="2">

Jim Greenwell has been elected President of the Company by the
Board of Directors on December 1, 2006.

<br><br>
A copy of the
press release issued by the Company on November 30, 2006, appointing Jim Greenwell as President, is being furnished as exhibit 99.1 to this Form 8-K.

</FONT>
</P>
<!-- Item END -->
<BR><BR><BR><BR><P ALIGN="LEFT" STYLE="FONT-SIZE: 10PT">The information in this current report is being furnished
and shall not be deemed &#147;filed&#148; for the purposes of Section 18 of the Securities Exchange Act of 1934 or otherwise subject to the liabilities of that Section.  The information in this current report shall not be incorporated by reference into any registration statement or other document filed with the Commission, except as shall be expressly set forth by specific reference in such filing.</P>
<P>

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<H5 align="left" style="page-break-before:always">&nbsp;</H5><P>


<P ALIGN="CENTER">
<FONT SIZE="2">
<B>
        SIGNATURES
</B>
</FONT>
</P>
<P ALIGN="LEFT">
<FONT SIZE="2">
        Pursuant to the requirements of the Securities Exchange Act of 1934, the
        registrant has duly caused this report to be signed on its behalf by the
        undersigned hereunto duly authorized.
</FONT>
</P>
<!-- SignatureHeader END --><!-- Signature START -->
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        &nbsp;
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        &nbsp;
</TD>
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        &nbsp;
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<TD WIDTH="1%">
        &nbsp;
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<TD WIDTH="43%">
        &nbsp;
</TD>
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<TD VALIGN="TOP">
<FONT SIZE="2">
        &nbsp;
</FONT>
</TD>
<TD>
<FONT SIZE="2">
        &nbsp;
</FONT>
</TD>
<TD COLSPAN="3" VALIGN="TOP" ALIGN="LEFT">
<FONT SIZE="2">
        ACE*COMM Corporation
</FONT>
</TD>
</TR>
<TR VALIGN="BOTTOM">
<TD VALIGN="TOP">
<FONT SIZE="2">
        &nbsp;&nbsp;
</FONT>
</TD>
<TD>
<FONT SIZE="2">
        &nbsp;
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</TD>
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<FONT SIZE="2">
        &nbsp;
</FONT>
</TD>
<TD>
<FONT SIZE="2">
        &nbsp;
</FONT>
</TD>
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<FONT SIZE="2">
        &nbsp;
</FONT>
</TD>
</TR>
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<FONT SIZE="2">
<I>
        December 1, 2006
</I>
</FONT>
</TD>
<TD>
<FONT SIZE="2">
        &nbsp;
</FONT>
</TD>
<TD ALIGN="LEFT" VALIGN="TOP">
<FONT SIZE="2">
<I>
        By:
</I>
</FONT>
</TD>
<TD>
<FONT SIZE="2">
        &nbsp;
</FONT>
</TD>
<TD ALIGN="LEFT" VALIGN="TOP">
<FONT SIZE="2">
<I>
        /s/ Steven R. Delmar
</I>
<BR>
</FONT>
</TD>
</TR>
<TR>
<TD VALIGN="TOP">
<FONT SIZE="2">
        &nbsp;
</FONT>
</TD>
<TD>
<FONT SIZE="2">
        &nbsp;
</FONT>
</TD>
<TD ALIGN="LEFT" VALIGN="TOP">
<FONT SIZE="2">
        &nbsp;
</FONT>
</TD>
<TD>
<FONT SIZE="2">
        &nbsp;
</FONT>
</TD>
<TD ALIGN="LEFT" VALIGN="TOP">
<HR SIZE="1" NOSHADE>
</TD>
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<FONT SIZE="2">
        &nbsp;
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<FONT SIZE="2">
        &nbsp;
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<FONT SIZE="2">
        &nbsp;
</FONT>
</TD>
<TD>
<FONT SIZE="2">
        &nbsp;
</FONT>
</TD>
<TD ALIGN="LEFT" VALIGN="TOP">
<FONT SIZE="2">
<I>
        Name: Steven R. Delmar
</I>
</FONT>
</TD>
</TR>
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<TD VALIGN="TOP">
<FONT SIZE="2">
        &nbsp;
</FONT>
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        &nbsp;
</FONT>
</TD>
<TD ALIGN="LEFT" VALIGN="TOP">
<FONT SIZE="2">
        &nbsp;
</FONT>
</TD>
<TD>
<FONT SIZE="2">
        &nbsp;
</FONT>
</TD>
<TD ALIGN="LEFT" VALIGN="TOP">
<FONT SIZE="2">
<I>
        Title: Chief Financial Officer
</I>
</FONT>
</TD>
</TR>
</TABLE>
</CENTER>


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<H5 align="left" style="page-break-before:always">&nbsp;</H5><P>

<DIV align="center" style="font-size: 10pt; margin-top: 6pt">
        Exhibit&nbsp;Index
</DIV>





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        &nbsp;
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        &nbsp;
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        &nbsp;
</TD>
</TR>

<BR>
<TR VALIGN="BOTTOM">
<TD NOWRAP ALIGN="LEFT">
<FONT SIZE="1">
<B>
        Exhibit No.
</B>
</FONT>
</TD>
<TD>
<FONT SIZE="1">
        &nbsp;
</FONT>
</TD>
<TD NOWRAP ALIGN="LEFT">
<FONT SIZE="1">
<B>
        Description
</B>
</FONT>
</TD>
</TR>
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<TD NOWRAP ALIGN="CENTER">
<HR SIZE="1" NOSHADE>
</TD>
<TD>
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        &nbsp;
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<HR ALIGN="LEFT" SIZE="1" WIDTH="88%" NOSHADE>
</TD>
</TR>





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<TD VALIGN="TOP" WIDTH="8%" nowrap>
<FONT SIZE="2">
<DIV ALIGN="LEFT">
        99.1
</DIV>
</FONT>
</TD>
<TD WIDTH="15%">
<FONT SIZE="2">
        &nbsp;
</FONT>
</TD>
<TD ALIGN="LEFT" VALIGN="TOP" WIDTH="77%">
<FONT SIZE="2">
Press release, dated November 30, 2006 announcing the appointment of president Jim Greenwell
</FONT>
</TD>
</TR></TABLE></CENTER>
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</DOCUMENT>
<DOCUMENT>
<TYPE>EX-99.1
<SEQUENCE>2
<FILENAME>w27707exv99w1.htm
<DESCRIPTION>EXHIBIT 99.1
<TEXT>
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<DIV style="font-family: 'Times New Roman',Times,serif">



<P align="right" style="font-size: 10pt">Exhibit&nbsp;99.1



<P align="center" style="font-size: 10pt"><IMG src="w27707w27707.gif" alt="(ACE COMM LOGO)">



<P align="center" style="font-size: 10pt"><B>ACE*COMM APPOINTS JIM GREENWELL
AS PRESIDENT</B>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt">
<B>Gaithersburg, MD</B> -
November&nbsp;30, 2006 - ACE*COMM Corporation (NASDAQ: <B><U>ACEC</U></B>), 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.&nbsp;Greenwell has over 18 years of management experience, including sales, marketing, business development, and operations
for telecommunications companies. Mr.&nbsp;Greenwell will report to George T. Jimenez, who remains as CEO and Chairman of the Board.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">
&#147;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,&#148; said Mr. George T. Jimenez, Chairman
and CEO.  &#147;As president, he will have the support of a cohesive, seasoned management team committed to achieving
the company&#146;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.&#148;
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">
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&#146;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.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">
&#147;ACE*COMM has a rich tradition and reputation in technology innovation and customer satisfaction,&#148; said Mr. Greenwell.  &#147;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&#146;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.&#148;
</DIV>



<DIV align="center">
<TABLE style="font-size: 10pt" cellspacing="0" border="0" cellpadding="0" width="100%">
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    <TD width="30%"></TD>
</TR>
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<TR valign="bottom">
    <TD align="left" valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="center" valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right" valign="top">&nbsp;</TD>
</TR>
<TR style="font-size: 1px">
    <TD colspan="5" valign="top" align="left" style="border-top: 1px solid #000000">&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD align="left" valign="top">&#169; 2006 ACE*COMM
</TD>
    <TD>&nbsp;</TD>
    <TD align="center" valign="top"><B>News Release</B>
</TD>
    <TD>&nbsp;</TD>
    <TD align="right" valign="top">1 of 2</TD>
</TR>
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</DIV>


<P align="center" style="font-size: 10pt">&nbsp;
</DIV>

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<DIV style="font-family: 'Times New Roman',Times,serif">


<DIV align="left" style="font-size: 10pt; margin-top: 6pt">
<B>About ACE*COMM</B>
<br>
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&#146;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&#151;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.
</DIV>
<DIV align="left" style="font-size: 10pt; margin-top: 6pt">
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&amp;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.
</DIV>
<DIV align="left" style="font-size: 10pt; margin-top: 6pt">
<I>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.</I>
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">
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&#146; financial resources, the continued convergence of voice and data networks, the
continuing success of the Company&#146;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&#146;s ability to adequately support its operations, and other risks
detailed from time to time in the Company&#146;s Report on Form 10-Q and other reports filed with the Securities Exchange Commission.
</DIV>


<P align="left" style="font-size: 10pt"><B>Media Relations Contact:</B><BR>
<U>media@acecomm.com</U>



<P align="left" style="font-size: 10pt"><B>Investor Relations Contact:</B><BR>
Jody Burfening <BR>
<U>jburfening@lhai.com</U><BR>
212.838.3777<BR>


<DIV align="center">
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    <TD align="right" valign="top">&nbsp;</TD>
</TR>
<TR style="font-size: 1px">
    <TD colspan="5" valign="top" align="left" style="border-top: 1px solid #000000">&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD align="left" valign="top">&#169; 2006 ACE*COMM
</TD>
    <TD>&nbsp;</TD>
    <TD align="center" valign="top"><B>News Release</B>
</TD>
    <TD>&nbsp;</TD>
    <TD align="right" valign="top">2 of 2</TD>
</TR>
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</TABLE>
</DIV>



<P align="center" style="font-size: 10pt">&nbsp;
</DIV>


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end
</TEXT>
</DOCUMENT>
</SUBMISSION>
