ACEFILE SELECTED AS SOFTWARE AWARD FOR IBM's OS 2/2 AMBASSADOR PROGRAM

SAN JOSE, CA--June 15, 1992 -- Ace Software Corporation today announced
that AceFile has been selected by IBM as one of the awards available to
participants in the company's OS/2 Ambassador Program. AceFile is an award
winning database software package.

IBM designed the OS/2 Ambassador Program to take advantage of the company's
greatest asset - its 340,000 employees and retirees worldwide - to assist
in the promotion of OS/2 2.0. An advanced 32-bit operating system, OS/2
2.0 supports multiple DOS, Windows and OS/2 applications in a single
package.

"For a small company like ours, we are ecstatic about working with IBM, the
world's largest computer company. This reaffirms our belief that products
need to be intuitive and usable within minutes," said Vish Mishra,
President of Ace Software Corporation.

"We were looking for a full complement of software to appeal to a wide IBM
audience as awards for Ambassadors," says Lucy Baney, IBM's Personal
Systems Director, programming systems market development. "In searching
for a database product, we were pleased with AceFile's flexibility and
performance."

AceFile is designed as a personal data manager for professionals who may be
first time computer users. Any existing data in dBASE format or in any
popular product such as 1-2-3 or EXCEL can be used as is. AceFile has
received many favorable reviews in trade and business magazines including
Data Based Advisor, PC Week, PC Computing, PC Magazine and PC Sources.

AceFile is available at popular dealers including Egghead, Comp-USA,
CompuAdd and Walden. It is distributed by Merisel, Ingram, Kenfil and Tech
Data. At the spring Comdex in Chicago, Ace Software demonstrated the
product running in the Windows under OS/2 and also announced plans for a
32-bit OS/2 version.

Ace Software Corporation is a San Jose-based, privately-held software
company. AceFile, the company's first product, is a dBASE compatible
database product running under Microsoft Windows and has been shipping
since October 1991.

Ace Software, 1740 Technology Dr, San Jose, CA 95110
408-451-0100

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