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UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, DC 20549

FORM 10-K/A

FOR ANNUAL AND TRANSITION REPORTS
PURSUANT TO SECTIONS 13 OR 15(d) OF THE
SECURITIES AND EXCHANGE ACT OF 1934

[X] ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE
ACT OF 1934For the fiscal year ended June 30, 2003
OR
[  ] TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE
SECURITIES EXCHANGE ACT OF 1934Commission file number 0-21059

Maryland
    
    52-1283030(State or other jurisdiction of incorporation or organization)
    
    (I.R.S. Employer I.D. No.)704 Quince Orchard RoadGaithersburg, Maryland 20878
    
    20878(Address of principal executive offices)
    
    (Zip Code)


Registrants telephone number, including area code: (301) 721-3000

Securities registered pursuant to Section 12(b) of the Act: NONE

Securities registered pursuant to Section 12(g) of the Act:

Common Stock
$.01 par value
(Title of class)

Indicate by check mark whether the registrant (1) has filed all reports
required to be filed by Section 12, 13 or 15(d) of the Securities Exchange Act
of 1934 during the preceding 12 months (or for such shorter period that the
registrant was required to file such reports), and (2) has been subject to such
filing requirement for the past 90 days.
YES [X]     NO [  ]

Indicate by check mark if disclosure of delinquent filers pursuant to Item
405 of Regulation S-K is not contained herein, and will not be contained, to
the best of registrants knowledge, in definitive proxy or information
statements incorporated by reference in Part III of this Form 10-K or any
amendment to this Form 10-K.      [  ]

As of September 16, 2003, the aggregate market value of the Common Stock
held by non-affiliates of the registrant (i.e. persons who are not directors,
officers or affiliated therewith) was approximately $14.6 million (7,796,840
shares of Common Stock at a closing price on the Nasdaq National Market of
$1.87 on such date). Outstanding as of September 16, 2003 were 9,818,356
shares of Common Stock.





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Explanatory Note:

This amendment to ACE*COMM Corporations (the Company) Annual Report on Form
10-K for the year ended June 30, 2003, filed with the Securities and Exchange
Commission on September 29, 2003, is filed to resubmit Exhibits 31.1 and 31.2.
A portion of the text of the exhibits, as originally submitted, appears to have
been lost during the Edgarization process, even though the same text does
appear in the printed versions of the Companys Form 10-K, which was generated
from the same printers proof. The Company has made no further changes to its
Annual Report on Form 10-K filed with the SEC on September 29, 2003.





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SIGNATURES

Pursuant to the requirements of section 13 or 15(d) of the Securities
Exchange Act of 1934, the registrant has duly caused this report to be signed
on its behalf by the undersigned, thereunto duly authorized.

ACE*COMM CORPORATIONBy: /s/Steven R. DelmarSteven R. DelmarChief Financial OfficerDate: November 14, 2003






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EXHIBIT INDEX

The following exhibits are filed as part of this report.

ExhibitNumber
      
      Description of Exhibit31.1
      
      Certification of Chief Executive
        Officer31.2
      
      Certification of Chief Financial
        Officer