IceWEB Announces Contract Win from Federal Agency for $427,000

Revenue to Be Recognized in Fourth Quarter

IceWEB, Inc. (OTCBB:IWEB), www.IceWEB.com, announced today that the company products have been selected to be implemented in a new data center. The equipment will be utilized to protect critical data assets for a large undisclosed Federal agency. The equipment will be delivered and installed this quarter and will facilitate disaster recovery and continuity of operations (COOP).

John R. Signorello, CEO and Chairman of IceWEB, Inc., said, “We are very gratified to continue to succeed in winning contracts from various Federal agencies. Our products and services assist the Federal Government in deploying technology used to protect, backup and secure mission critical data.

About IceWEB, Inc.

Headquartered just outside of Washington, D.C., IceWEB manufactures and markets storage solutions and on-line application services. Additionally it is a leading source for best-of-class security products, services and solutions offered in partnership with a wide range of global technology leaders. Its customer base includes U.S. government agencies, enterprise companies, and small to medium sized businesses (SMB). For more information, please visit www.IceWEB.com.

“Safe Harbor” statement under the Private Securities Litigation Reform Act of 1995: Except for historical information, all of the statements, expectations and assumptions contained in the foregoing are forward looking statements that involve a number of risks and uncertainties. It is possible that the assumptions made by management are not necessarily the most likely and may not materialize. In addition, other important factors that could cause actual results to differ materially include the following: business conditions and the amount of growth in the computer industry and general economy; competitive factors; ability to attract and retain personnel, including key sales and management personnel; the price of the Company’s stock; and the risk factors set forth from time to time in the Company’s SEC reports, including but not limited to its annual report on Form 10-K and its quarterly reports on Forms 10-Q; and any reports on Form 8K. IceWEB takes no obligation to update or correct forward-looking statements.

Contacts

IceWEB, Inc.
Investor Relations
703-344-0951
investor {at} iceweb(.)com