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Re: Jay Williams post# 3386

Wednesday, 03/31/2010 8:43:38 AM

Wednesday, March 31, 2010 8:43:38 AM

Post# of 96907
Read the press releases. It's not a 5 billion dollar contract for Iceweb.

Press Release Source: IceWEB, Inc. On Tuesday March 30, 2010, 12:22 pm EDT
STERLING, Va., March 30 /PRNewswire-FirstCall/ -- IceWEB, Inc.™ (OTC Bulletin Board:IWEB.ob - News), http://www.iceweb.com/, a leading provider of Unified Data Storage and building blocks for cloud storage networks, provided additional details today with regard to the NASA Solutions for Enterprise-wide Procurement (SEWP) IV Government-Wide Acquisition Contract # NNG07DA10B.

Although the contract for information technology equipment and services is a four-year contract that expires 4/30/2014 and has an estimated value of up to U.S. $5.6 billion, the IceWEB and James River Technical Inc. (JRTI) relationship is only targeting the data storage portion of the estimated $5.6 billion contract. The dollar amount allocated to data storage is not specified in the contract and will vary from year to year based on government demand. IceWEB would like to clarify that they are not the sole contractor being awarded a $5.6 billion contract. IceWEB and James River Technical are one of many contractors competing to win portions of the $5.6 billion dollars estimated to be awarded by the federal government for all of its Informational Technology spending over the next four years.

As a prime contract holder on NASA's SEWP IV GWAC, JRTI, Inc. works with a host of government agencies and end-users to design, deliver and support information technology solutions within the federal government market. JRTI has strategic alliances with leading IT providers like Dell, Cray, NVIDIA and others to offer the latest in technology solutions.

Look on any broker website for the share structure. Basicallly 85 million authorized; 67 million in the float.

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