IceWEB(TM) Awarded $583,000 Contract from Federal Agency
Business Wire "US Press Releases "
HERNDON, Va.--(BUSINESS WIRE)--
IceWEB, Inc. (OTCBB:IWEB), www.iceweb.com, today reported that it has been awarded a $583,000 contract with a U.S. Federal Agency to provide a comprehensive, customized networking solution designed to secure, optimize and deliver specific mission-critical applications and enhanced business agility for the agency's leadership and support teams.
This contract represents the initial implementation of a multi-phased networking project for this particular government agency that is expected to yield IceWEB up to another $600,000 in additional revenues later this year. Commenting on the contract win, John R. Signorello, Chairman and Chief Executive Officer of IceWEB, stated, "We are tremendously proud of the fact that IceWEB is recognized as a trusted partner by a wide range of Federal Agencies and enterprise companies that have come to rely on our industry leading capabilities and world class networking and IT expertise."
Having served the Federal Government for the past several years, IceWEB possesses multiple GSA, GWAC and BPA agreements with key agencies. In 2008, the Company added its own manufacturing GSA Schedule with its entire line of INLINE(TM) storage products and a Top Secret Cleared facility to help facilitate larger contract wins in the future.
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.
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