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IceWEB, Inc. (OTC: IWEB) Engages American Capital Ventures for Investor Relations Services
Kansas City, MO – February 5, 2014 – IceWEB, Inc. (OTC QB:IWEB; “IceWEB” or the “Company”), a provider of wireless and fiber broadband service, co-location space and related services and the operator of a Network Access Point (“NAP”) where customers directly interconnect with a network ecosystem of partners and customers, today announced that it engaged American Capital Ventures (“ACV”), a boutique provider of comprehensive investor relations, financial marketing and capital advisory services to the micro- and small-cap community.
Harold F. Compton, CEO of IceWEB, Inc., commented, “2014 is expected to be a year of execution and top line growth for the Company – both through new and existing business customers, as well as an expansion in our services offered. In October 2013, we acquired Computers & Tele-Comm, Inc. and KC-NAP, LLC effectively growing our service offering to include data center, colocation, wireless ISP, managed services and cloud services, while reducing overhead significantly. We are focused on continued expansion in all facets of the business and looking at a variety of paths to get there. ACV, an experienced provider of investor relations to small, emerging companies like ours, has been selected to assist us in transitioning to profitability, a goal we hope to achieve this year, and in communicating our company and opportunity to the masses. We are excited and look forward to working with ACV in the time ahead.”
“IceWEB operates in a highly visible, opportunistic, competitive market – data center, colocation, wireless internet and cloud services. The potential seen here is enormous, particularly for companies like IceWEB that have a recurring revenue business model and are growing their service offerings in line with customer demand. We are pleased to be engaged with the Company for investor relations and are excited to begin working with their world-class team,” commented, Howard Gostfrand, President of American Capital Ventures.
