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Monday, 03/08/2010 9:03:45 AM

Monday, March 08, 2010 9:03:45 AM

Post# of 96904
IceWEB Lands Multi-Terabyte Storage Solution for Homeland Security

STERLING, Va., Mar 08, 2010 (BUSINESS WIRE) -- IceWEB, Inc.(TM) (OTCBB: IWEB), www.IceWEB.com, a leading provider of purpose built appliances and building blocks for cloud storage networks, announced today that the Company has received an award to assist one of our Federal Channel partners with a remote sensing storage solution.

The multi-terabyte system will be deployed in the current quarter. This award is the second in a line of multiple task orders that have been architected by IceWEB's Federal Channel Partner. The platform is built on Intel's latest Nehalem processor technology and integrates fibre channel technology to manage a vast amount of capture devices for remote sensing data.

"IceWEB is receiving this award by collaborating with our Federal Channel. This government work through our partner is classified work, hence public information is unavailable. Our federal presence remains viable and we expect to progressively grow our government business for years to come," stated Timothy J. McNamee, Channel Sales Manager for the Mid-Atlantic.

About IceWEB, Inc.

Headquartered just outside of Washington, D.C., IceWEB manufactures and markets purpose built appliances, network and cloud storage solutions and delivers on-line cloud computing application services. 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.

This press release may contain forward-looking statements, which are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. In some cases you can identify those so-called "forward looking statements" by words such as "may," "will," "should," "expects," "plans," "targets," "believes," "anticipates," "estimates," "predicts," "potential," or "continue" or the negative of those words and other comparable words. These forward looking statements are subject to risks and uncertainties, product tests, commercialization risks, availability of financing and results of financing efforts that could cause actual results to differ materially from historical results or those anticipated. Further information regarding these and other risks is described from time to time in the Company's filings with the SEC, which are available on its website at: http://www.sec.gov. We assume no obligation to update or alter our forward-looking statements made in this release or in any periodic report filed by us under the Securities Exchange Act of 1934 or any other document, whether as a result of new information, future events or otherwise, except as otherwise required by applicable federal securities laws.

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