Commissioner Lindeen and ACN Announce Favorable Resolution

CONCORD, N.C.--(BUSINESS WIRE)-- The Montana Commissioner of Securities and Insurance and ACN, Inc., a direct seller of telecommunications services, announced their resolution of an action alleging that the company was operating in violation of the Montana Securities Act.

Earlier this year, the Commissioner’s Office filed an action alleging that the company was in violation of the code that regulates multi-level distribution companies in Montana. In the course of the Commissioner’s Office’s investigation, the Commissioner determined that the actions giving rise to the Commissioner’s concerns were not part of the ACN business model, but were taking place by ACN’s Independent Representatives working in Montana.

In a joint effort to protect Montana citizens, the Commissioner and ACN have agreed that ACN will implement additional training with its independent representatives, to assist them in better understanding their responsibilities as ACN Independent Representatives. ACN will also contact its Montana video phone customers to assist them with installation of their service and continued technical assistance.

Both the Commissioner and ACN are pleased with this positive outcome, and the Commissioner’s efforts to protect Montana residents.

About ACN

Founded in 1993, ACN is the world's largest direct seller of telecommunications and essential services for residential and business customers. ACN provides customers with leading-edge services such as Digital Phone Service with or without a Video Phone. ACN also provides budget-friendly options for services customers need and use every day, including Local and Long Distance Service bundled with High Speed Internet, Wireless, Satellite TV and Home Security. ACN operates in 21 countries with offices located throughout North America, Europe, Asia and the Pacific. For more information, visit myacn.com. For information on ACN's business opportunity, visit acninc.com.

CONTACT:

Media Contact
Jackie Boyle, 406-444-3152
jboyle@mt.gov
or
CSI Consumer Contact, 800-332-6148
or
ACN Media Contact
Katie Mapel, 704-260-3491
kmapel@acninc.com

KEYWORDS:   United States  North America  Montana  North Carolina

INDUSTRY KEYWORDS:   Entertainment  TV and Radio  Technology  Internet  Telecommunications  Other Technology  Security  VoIP

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