Company Tasked to Analyze Current Geospatial Data Warehouse to Determine Necessary Improvements STERLING, Va., Feb. 1 /PRNewswire-FirstCall/ -- IceWEB, Inc. (TM) (OTC Bulletin Board: IWEB), http://www.iceweb.com/, a leading provider of networked data storage, building blocks for cloud storage networks and purpose built appliances, announced today that the Company has been awarded a consulting contract from a Fortune 10 Oil and Gas customer. Under the terms of the contract IceWEB Storage Analysts will review the current Geospatial Storage Data Warehouse and GIS (Geographic Information System) environment, analyze and document the existing infrastructure and its performance, and provide a detailed plan for infrastructure functionality and performance improvements. Tim McNamee, Director of Business Development for IceWEB, said of the award, "It's exciting for us to be tasked to assist this high stature client in planning for the enhancement of their business critical data storage needs. Our IceWEB Professional Services staff will travel to the client's location for five (5) business days to provide on-site technical consulting support. During this engagement, the technical consultant will cover the following topics to assess enterprise GIS performance: I/O (input/output) Analysis to determine if any significant architectural bottlenecks are present, collection of detailed performance metrics, identification of any problems with system configuration and an overall architecture review. Once the analysis is complete our team will discuss with the client their findings and detail any existing components that impact performance. During the on-site GIS Performance Assessment, IceWEB will also analyze the storage platform and environment and will prepare a brief summary of the assessment findings and recommendations in a Storage Assessment Report." About IceWEB, Inc. Headquartered just outside of Washington, D.C., IceWEB manufactures and markets storage solutions and on-line cloud computing application services. Its customer base includes U.S. government agencies, enterprise companies, and small to medium sized businesses (SMB). For more information, please visit http://www.iceweb.com/. For detailed information regarding the Iplicity product suite, please visit, http://www.iplicity.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 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 or Gary Nash, CEOCast, 212.732.4300 DATASOURCE: IceWEB, Inc. CONTACT: IceWEB, Inc., Investor Relations, +1-571-287-2400, , or Gary Nash, CEOCast, +1-212-732-4300 Web Site: http://www.iceweb.com/

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