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nonsequetor

12/30/09 12:30 PM

#2310 RE: EDWARD STEVENSON #2309

$25M @60% Profit Margin...

"Our fifth goal over the next 24 months is to grow the Company's revenue to $25 million with profit margins of 60%. We feel confident that with our current product mix, customer base and partner network, that this goal is achievable in 2011. As we increase sales of our core storage products, we will see an increase in recurring revenue from warranty and maintenance contracts, which will contribute to higher margins

"Our final and most important goal of 2010 is to increase shareholder value. As we continue to add strategic investments like the common stock of VOIS to our balance sheet, our liquidity should improve without additional dilution. On behalf of myself, and the entire IceWEB team I would like to thank all of our shareholders for their continued support and we are looking forward to a prosperous and successful 2010."
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Southern Gal

12/30/09 3:27 PM

#2313 RE: EDWARD STEVENSON #2309

Nice news. So nice that the PPS is trading lower since the PR was issued.

Sub .10, see you soon...