IceWEB Receives New Geospatial Storage Appliance Order for Oil Spill Monitoring and Analysis

STERLING, Va., Jan. 11, 2011 — (PRNewswire) — IceWEB, Inc. (OTC Bulletin Board: IWEB), www.iceweb.com, a leading provider of Unified Data Storage and building blocks for cloud storage networks, has received an order for an IceWEB Storage Appliance that will be used by BP to assist them in their ongoing analysis of the Gulf of Mexico oil spill.

"IceWEB storage appliances enable our geospatial solutions partners to deliver turnkey solutions," said John R. Signorello, IceWEB CEO.  "Each appliance is pre-configured, loaded and optimized prior to customer delivery.  Consequently, these ready-to-deploy solutions provide end users with an immediate return on their investment. That ROI is further enhanced through IceWEB's innovative 'storage efficiency' technologies which dramatically reduces physical storage requirements."

IceWEB geospatial solutions include various server types and sizes, system software, database software, storage type and size, and communications capabilities.  Delivery of the IceWEB Storage Appliance for BP will take place in the company's second fiscal quarter which begins January 1, 2011.  

About IceWEB, Inc.

Headquartered just outside of Washington, D.C., IceWEB manufactures and markets data storage products.  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

Email Contact

or

Stephen D. Axelrod, CFA, 212.370.4500

Email Contact

Wolfe Axelrod Weinberger Associates, LLC.



SOURCE IceWEB, Inc.

Contact:
IceWEB, Inc.
BP
IceWEB, Inc., Investor Relations
Phone: +1-571-287-2400
Email Contact
Stephen D. Axelrod, CFA, Wolfe Axelrod Weinberger Associates, LLC.
Phone: +1-212-370-4500
Email Contact
Web: http://www.IceWEB.com




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