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Wed, January 14, 2009

IceWEB?s INLINE Division Awarded Storage Contract from Federal Agency


Published on 2009-01-14 08:21:36, Last Modified on 2009-01-14 08:22:22 - Market Wire
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DULLES, Va.--([ BUSINESS WIRE ])--IceWEB, Inc. (OTCBB:IWEB), [ www.iceweb.com ], a storage technology and network security solutions company, announced today it has received a contract from a Federal Government Agency for the Company's INLINE TE 246, Fibre Channel Storage Area Network. The storage system will be deployed in the Agency's Video Surveillance Program. The initial order is for $100,000 and calls for 96 Terabytes of storage. The platform is expected to more than triple to over 300TB. (A terabyte (derived from the prefix [ tera- ] and commonly abbreviated TB) is a measurement term for [ data storage capacity ]. The value of a terabyte based upon a decimal [ radix ] (base 10) is defined as one [ trillion ] ([ short scale ]) [ bytes ], or 1000 [ gigabytes ].)

John R. Signorello, Chairman and Chief Executive Officer, of IceWEB, Inc. said, "The requirements for Geospatial Storage within the Federal arena are enormous. Our INLINE products have been designed specifically for customers that require a rapid ingest of Geospatial imagery and video data. The INLINE TE 246 ships with our "CosmicFORCE 5.0™" toolset which provides managed scalability and secure indexing of data, a critical requirement for the Geospatial Intelligence community."

The INLINE TE 246 was designed to deliver maximum data throughput for high bandwidth video and other data intensive applications. This high performance storage solution combines Fibre Channel connectivity with Serial Attached SCSI (SAS) and Serial ATA (SATA) drive technology. Its multi-tiered architecture provides customers with the flexibility to support a variety of applications on a single platform.

About IceWEB, Inc.

Through its own suite of proprietary offerings and in partnership with numerous global technology leaders, IceWEB, Inc. delivers high-performance storage solutions, advanced hardware, software, and online services to U.S. government agencies, enterprise companies, small to medium sized businesses (SMB) and tech-savvy consumers. For more information, please visit [ http://www.IceWEB.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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