UnifiedOnline Inc fka UOIP

[Southern Gal]

IceWEB was awarded a contract worth over $300,000 from a Federal agency---the first of more than ten contract opportunities identified and in IWEB's sales pipeline.The company has a revenue forecast of over $30 million for 2008 (fiscal year ends Sept. 30) versus 2007 revenue of $18.8 Million (a 60% increase year over year). IWEB's current market capitalization (at the current price of $0.40/share) is $5.68 Million, giving IWEB a Price to Sales Ratio (PSR) of less than 0.2 projected revenueof at least $30 Million. Based on trailing revenue of $18.Million, the PSR is 0.3.

IWEB is expected to file its Second Quarter, 2008 financials by May 15.

Please give us a call with any questions or feedback.

Rick Lutz
Investor Relations for IceWEB
703-344-0951
[e-mail]

--------------------------------------------------------------------------------
IceWEB(TM) Receives Contract from Federal Government Agency for Log Management & Intelligence Platform

LogLogic(R) Product Helps Agency Meet Security Compliance Requirements


HERNDON, Va.--(BUSINESS WIRE)--IceWEB, Inc., www.iceweb.com (OTCBB:IWEB), today announced it has received a contract for over $300,000 from a major Federal Government Agency for a Log Management and Intelligence Platform in conjunction with LogLogic™, Inc. of San Jose, California.
As Enterprise Customers and Government agencies have moved to address new compliance requirements, the challenge of log data management and intelligence has only worsened. IceWEB’s network security compliance experience and the LogLogic platform helps IT staffs find and report on mission-critical IT data buried in the terabytes of log data thereby simplifying compliance tasks, reducing cost and mitigating risks. LogLogic’s log collection platforms can hand off log data to IceWEB InLINE® storage products allowing customers to retain log data for seven or more years to meet compliance requirements.

“IceWEB’s network security expertise and FISMA (Federal Information Security Management Act of 2002) knowledge along with the power of the LogLogic platform were the primary reasons IceWEB was selected for this important contract,” said John R. Signorello, IceWEB Chairman and Chief Executive Officer. “There are at least ten other opportunities like this in our pipeline as we continue to increase our presence and market share in this rapidly growing segment of both the government and commercial markets.”

"Driven by compliance mandates such as FISMA, NIST, PCI and SOX, along with increasing security risks and IT Operations requirements, Log Management and Intelligence is experiencing explosive growth," said Richard Marquez, Vice President Partner Sales of LogLogic. "Logging has moved from a mundane IT task to the foundation of good compliance, security and IT operations. IceWEB’s ability to deliver security consulting services and data storage will enable solutions based on LogLogic to be crafted with significant differentiation and value."

All the products and services involved with this contract will be delivered during IceWEB’s current fiscal quarter which ends March 31st.

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.

About LogLogic

LogLogic® provides the world's leading enterprise-class platform for collecting, storing, reporting and alerting on 100 percent of IT log data from virtually any device, operating system or application. LogLogic 4 LX and ST systems address the compliance, operations and risk mitigation needs of the most demanding global enterprises. LogLogic's innovations include creating the world's first search engine for fast-moving IT log data, and Compliance Suites that automate using that data to enforce critical controls and regulations. LogLogic has established a position as the market visionary and leader, with awards that include SC Magazine 'Approved for SC Labs Rating' in 2006 and 2007, IT Week's 'Editor's Choice Award', Always On Top 100 Private Company 2006, Best of Interop 2005, SC Magazine's 'Best Computer Forensics', Info Security's 'Hot Company 2006', and designation to the Red Herring 100 in 2006. For more information, visit www.loglogic.com and http://blog.loglogic.com.






Contact:
Elite Financial Communications Group, LLC
Dan Conway, Chief Strategy Officer
407-585-1080
[e-mail]
Or
IceWEB Investor Relations
Rick Lutz, 703-344-0951
[e-mail]