$IWEB .07 News out IceWEB Gains Momentum on Sale

[b]$IWEB[/b] .07 News out IceWEB Gains Momentum on Sales & Marketing Fronts

-New Clients & Resellers Signed, Shipments Increasing-

STERLING, Va., Oct 11, 2012 (BUSINESS WIRE) -- IceWEB Inc.(TM) (OTC:IWEB), a leading provider of Unified Data Storage appliances for cloud and virtual environments, today announced that the Company is gaining momentum on all fronts.

The Company inked an agreement with The Jefferson Foundation, Inc., and continues bringing new resellers on board while shipping product daily.

"We've hit the ground running in our new fiscal year with more significant wins. The Jefferson Foundation (Monticello), representing the non-profit sector, is another nice reseller win for us. To have gained a client of their gravity and caliber, is very encouraging to us. We are gratified by the confidence they have placed in our products and in the Company's future," stated Rob Howe, CEO.

Monticello, founded in 1923, is a National Historic Landmark and the only house in the United States designated a UNESCO World Heritage site. In its 86 years of existence, the Foundation has steadily expanded Monticello's functions and holdings.

"We are excited to have another win so quickly with IceWEB. We became a partner on August 27th and have already established a sizable pipeline of registered opportunities." stated Dwayne Tharp, Vice President, Sales at Networking Technologies and Support Inc.

Howe continued, "Concurrently, highly-respected resellers are exhibiting strong interest in our product suites and are joining us in propelling the Company to new levels of awareness among consumers. Finally, product shipments have become a regular and daily occurrence demonstrating that we are on the track I established when I arrived in late July."

IceWEB manufactures award-winning, high performance unified data storage appliances with enterprise storage management capabilities at a fraction of the price of traditional providers, while reducing space, power and cooling requirements and simplifying storage management for land-based, virtual and cloud environments. For more information please call 800-465-4637 or visit www.IceWEB.com. To become part of the Company's e-mail list for industry updates and press releases, please send an e-mail to ir@iceweb.com.