IceWEB Receives $ 1,863,000 Contract Award From U.S. Department of Veterans Affairs Wednesday March 28, 9:15 am ET Total Award Value of $2,799,000 Possible With Follow-on Awards for Software Support
HERNDON, Va.--(BUSINESS WIRE)--IceWEB, Inc., www.iceWEB.com (OTCBB:IWEB - News), announced today that the U.S. Department of Veterans Affairs has awarded IceWEB Solutions Group (SG) a contract valued at $1,863,000, recognizable in the company's current fiscal quarter for the provision of network vulnerability scanning software. The contract award also includes prospective follow-on awards for support of that software that would bring the total value of the award to $2,799,000 if fully exercised by the government.
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About IceWEB
IceWEB, Inc., (OTCBB:IWEB - News), utilizes a hosted software services model that brings technologies normally reserved for large corporations to the small business customer. Small businesses can now have the benefits of these more advanced software systems for a low monthly subscription price instead of large up-front capital expenses. IceWEB also provides network infrastructure solutions services to our enterprise and Government customers with a specific focus on network security, authentication, and PKI encryption systems. Founded in 2000, IceWEB is headquartered in Herndon, VA, and serves customers in the public and private sectors. For more information, please visit http://www.IceWEB.com or http://www.IceMAIL.com.
"Safe Harbor" statement under the Private Securities Litigation Reform Act of 1995: Except for the historical information contained herein, the matters discussed in this press release are forward-looking statements that involve risks and uncertainties, including but not limited to business conditions and the amount of growth in the computer industry and general economy, competitive factors, and other risks detailed from time to time in the Company's SEC reports, including but not limited to its annual report on Form 10-K and its quarterly reports on Forms 10-Q. The Company does not undertake any obligation to update forward-looking statements.
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Contact: IceWEB, Inc. Gary Dunham, 703-964-8000 investor@IceWEB.com or Allen & Caron Jesse Deal (investors), 212-691-8087 jesse@allencaron.com or Brian Kennedy (media), 212-691-8087 brian@allencaron.com
-------------------------------------------------------------------------------- Source: IceWEB, Inc.
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