U.S. Department of Justice Renews Maintenance Program on IceWEB Storage Appliance
STERLING, Va., Sept. 29 /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 the Company has received an order from one of its national partners to renew maintenance service on an existing IceWEB Storage Appliance being used by the U.S. Department of Justice in the Pacific region.
"Renewals, upgrades and add-ons are a staple of the technology industry, especially as a data storage manufacturer," stated Stephen Gill, Federal Channel Sales Manager, IceWEB. "This order is representative of the growing recurring revenue stream that is developing from our Federal channel partners. Through IceWEB's great tradition in the Federal space, these types or renewals will continue to build over the next several years and become a meaningful contributor of high margin revenues for IceWEB."
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.
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IceWEB, Inc. |
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Investor Relations, 571.287.2400 |
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Stephen D. Axelrod, CFA, 212.370.4500 |
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Wolfe Axelrod Weinberger Associates, LLC. |
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SOURCE IceWEB, Inc.
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