IceWEB Channel Partner VideoBank Lands Order From Federal Government Agency

IceWEB 5000 to be Utilized for Capturing Unmanned Aerial Vehicle (UAV) Sensor Data

Jun 11, 2010, 13:01 ET from IceWEB, Inc.

STERLING, Va., June 11 /PRNewswire/ -- IceWEB™, Inc. (OTC Bulletin Board: IWEB), www.IceWEB.com, a leading provider of Unified Data Storage and building blocks for cloud storage networks, announced today that IceWEB Channel Partner (ICP), VideoBank, has secured an additional contract with the Federal Government.

The military community has a mounting challenge: how to ingest and process the mushrooming volumes of live video and other data streaming from sensors in the sky and on the ground.  Given the exponential growth in platforms and sensors and the resulting volume of data, the military is relying increasingly on platforms like the IceWEB 5000 to provide unified access and compression to meet the ever growing need for performance and scalability.

IceWEB's high performance computing storage solution offers unique capabilities for maximizing performance and integration into video streaming environments. The 5000's ability to support both file and block protocols and support 10G (10GB Ethernet), FC (Fibre Channel) technology make it the ideal solution for unstructured data-intensive environments.

"The value of geospatial information cannot be overstated," said Mr. John R. Signorello, CEO of IceWEB, "A real time view of an ever changing world when analyzed, provides critical on-demand insight into video data that is not available from simple data inputs.  It is the expertise of our Federal Channel Partner, VideoBank, and its success in satisfying Federal Government agencies demanding requirements that allow IceWEB to build out our digital footprint for the future. The key to long term scalability is to leverage multiple channel partners with a broad range of vertical skill sets."

About VideoBank

For more than a decade, VideoBank has revolutionized the ways in which educational institutions, medical facilities, government organizations, entertainment companies and the U.S. military have archived, managed, and distributed their products and services worldwide. More importantly, our systems have transformed the way the men and women of our armed forces gather and utilize intelligence both at home and abroad.  At VideoBank we make it our responsibility to stay on the cutting edge of technology, which helps allow business leaders, doctors, teachers, government officials and soldiers to concentrate their energies where they truly belong -- on serving their local and global communities.

About IceWEB, Inc.

Headquartered just outside of Washington, D.C., IceWEB manufactures and markets data storage products, network and cloud storage solutions and delivers on-line cloud computing application services. For more information, please visit www.IceWEB.com.

This press release may contain forward-looking statements, which are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. In some cases you can identify those so-called "forward looking statements" by words such as "may," "will," "should," "expects," "plans," "targets," "believes," "anticipates," "estimates," "predicts," "potential," or "continue" or the negative of those words and other comparable words. These forward looking statements are subject to risks and uncertainties, product tests, commercialization risks, availability of financing and results of financing efforts that could cause actual results to differ materially from historical results or those anticipated. Further information regarding these and other risks is described from time to time in the Company's filings with the SEC, which are available on its website at: http://www.sec.gov. We assume no obligation to update or alter our forward-looking statements made in this release or in any periodic report filed by us under the Securities Exchange Act of 1934, as amended,  or any other document, whether as a result of new information, future events or otherwise, except as otherwise required by applicable federal securities laws.

Contact:

IceWEB, Inc.

Investor Relations, 571.287.2400

investor@iceweb.com

or

Stephen D. Axelrod, CFA, 212.370.4500

steve@wolfeaxelrod.com

Wolfe Axelrod Weinberger Associates, LLC.

SOURCE IceWEB, Inc.



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