Market Overview

IceWEB Consummates OEM Agreement with NovaStor

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STERLING, Va.--(BUSINESS WIRE)--

IceWEB Inc.™ (OTC:IWEB), a leading provider of Unified Data Storage appliances for cloud and virtual environments, today announced that the Company has entered into an OEM agreement to bundle NovaSTOR's Advanced Backup software with IceWEB's Unified Storage Appliances.

“NovaSTOR is an excellent companion product for our IceWEB appliances because of its broad set of market applications,” said Rob Howe, IceWEB, CEO. “Their products span the same market spaces as ours—small, medium, large and cloud-based enterprises. They cover Windows, Linux, VMWare and Unix servers and clients in a myriad of configurations, mirroring our model. Because it is not always possible or cost-effective for companies to enable total unified storage protocols everywhere in their enterprise, we are providing significant additional value to our customers by enabling them to utilize NovaStor to target an IceWEB appliance in their network in order to satisfy their backup and disaster recovery needs for every location. Enabling them to have the ability to utilize a world-class product like NovaSTOR is yet another area in which IceWEB brings them excellent value when they purchase IceWEB products,” Howe concluded.

About NovaSTOR

NovaSTOR develops and markets data protection and availability software. NovaSTOR products are installed on millions of computers and servers worldwide. Headquartered in Zug, Switzerland, NovaSTOR's software products are developed in Hamburg, Germany and Agoura Hills, California. For more information, visit: www.novastor.com.

About IceWEB

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.

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.

IceWEB, Inc.
Cynthia DeMonte, 571-287-2400
917-273-1717

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