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Re: ilovestocks85 post# 9335

Tuesday, 10/18/2011 8:11:47 AM

Tuesday, October 18, 2011 8:11:47 AM

Post# of 96905
Market Demand for Cloud Storage Capacity Fueling IceWEB Expansion
IceWEB Footprint Scaling Exponentially in the Cloud



Press Release Source: IceWEB, Inc. On Tuesday October 18, 2011, 8:00 am
STERLING, Va., Oct. 18, 2011 /PRNewswire/ -- IceWEB, Inc.™ (OTCBB:IWEB.ob - News), www.IceWEB.com, a leading provider of Unified Data Storage and building blocks for cloud storage networks, announced today that it has received a significant expansion order from one of its major customers. IceWEB storage expansion sales are increasing because customers need more space for data archiving, reference data and fixed-content applications. All IceWEB Unified Storage Systems support both block and file data in virtual server infrastructures whether they are in the cloud or in a data center.

With their built-in 128-bit ZFS file system, IceWEB storage systems scale easily. Adding storage becomes affordable when customers utilize IceWEB's ultra-high density 4U storage shelf which can house up to 60 3.5" SSD, SAS or SATA drives. Thus one data center rack can be configured with as many as 600 hard disk drives. By being able to place up to 1.8 petabytes in a single rack, compared to traditional data storage configurations, customers control expansion costs by reducing data center power, space and cooling requirements.

"As our customer footprint continues to grow, orders for ancillary service contracts, storage expansion, software licensing sales and recurring revenues all increase as a result," said John R. Signorello, IceWEB CEO. "Meanwhile our high-end Unified Storage Platforms with hybrid SSD technology are attracting new customers seeking high-performance, high-availability platforms. Add to that our VMware compatibility and you can see why we're looking forward to a great 2012."

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