Company Press Release

American Communications Enterprises Engages Wall Street West and Emerging Company Report to Assist in Corporate Awareness Campaign

AUSTIN, Texas--(BUSINESS WIRE)--Nov. 18, 1999--American Communications Enterprises (OTCBB:ACEN - news) Thursday announced that the company has retained two firms to assist in a corporate awareness campaign.

ACEN has retained the services of Wall Street West Communications, LLC a Colorado based stock research firm, holding company, and corporate news information distributor. Wall Street West is followed by more than 10,000 micro-cap investors, according to the company.

Daryn P. Fleming, president of Wall Street West said, ``We welcome American Communication Enterprises to our family of fast growing companies and savvy investors. We think ACEN stock is significantly undervalued at this point but believe that when Wall Street catches on and compares ACEN to other well known, high flying media 'darlings,' the price will appreciate dramatically.''

To follow the ongoing coverage of ACEN, investors are encouraged to visit the Wall Street West website at http://www.wallstreetwest.com and sign up for the free newsletter.

Also enlisted in the ACEN campaign is Emerging Company Report, the nationally syndicated television program which profiles emerging-growth companies (http://www.emergingcompany.com), features an interview this week with ACEN to be aired this Friday, Saturday and Sunday.

Viewers of Emerging Company Report can receive free information in the mail about featured companies by calling a toll-free phone number on their TV screen. The television program, now in its fourth year, is seen Friday evenings at 11 ET, 8 PT, Saturdays at 2 p.m. ET, 11 a.m. PT and Sunday mornings at 11:30 ET, 8:30 PT.

The program is available to 24 million cableTV homes in more than 150 cities nationwide. The weekly program can also be viewed ``On-Demand'' at the Emerging Company Report web site, http://www.emergingcompany.com

American Communications Enterprises Inc., based in Austin, was created to acquire, consolidate and operate small-sized market radio stations in non-rated metropolitan areas in specific geographic regions of the United States in a very unique ``Radio WalMart'' approach.

ACEN, unlike other broadcast consolidators, plans to use centralization strategies to reduce operating costs while enhancing profitability and efficiency. Additionally, the company proposes to tie the radio station group together with state of the art Internet services allowing for even greater revenue and advertising capabilities.

ACEN has already begun by operating four radio stations in the state of Texas on a Time Brokerage Agreement. ACEN expects to execute an Asset Purchase Agreement within the next 10 days to finalize the acquisition of those properties and make application to the FCC for a license transfer.

ACEN will pursue a regionally focused acquisition strategy adding clusters of stations across the country and is actively negotiating with two groups in Louisiana and Texas as apart of that strategy. The total number of stations acquired will be a function of availability and marketing feasibility. The current estimated acquisition target is 400 stations.

This would make ACEN one of the largest networks in the country.

Forward-looking statements in the release are made pursuant to the Safe Harbor provisions of the Private Securities Litigation Reform Act of 1995. These forward-looking statements are subject to certain risks and uncertainties and actual results could differ form those discussed. This material is information only and is not an offer or solicitation to buy or sell securities.

Contact:

American Communications Enterprises Inc.

Bob Ringle, 877/803-4880

http://www.radioace.com