IceWEB, Inc. (OTC: IWEB) Engages American Capital Ventures for Investor Relations Services
February 05 2014 - 9:08AM
Business Wire
IceWEB, Inc. (OTC QB:IWEB; “IceWEB” or the “Company”), a
provider of wireless and fiber broadband service, co-location space
and related services and the operator of a Network Access Point
(“NAP”) where customers directly interconnect with a network
ecosystem of partners and customers, today announced that it
engaged American Capital Ventures (“ACV”), a boutique provider of
comprehensive investor relations, financial marketing and capital
advisory services to the micro- and small-cap community.
Harold F. Compton, CEO of IceWEB, Inc., commented, “2014 is
expected to be a year of execution and top line growth for the
Company – both through new and existing business customers, as well
as an expansion in our services offered. In October 2013, we
acquired Computers & Tele-Comm, Inc. and KC-NAP, LLC
effectively growing our service offering to include data center,
colocation, wireless ISP, managed services and cloud services,
while reducing overhead significantly. We are focused on continued
expansion in all facets of the business and looking at a variety of
paths to get there. ACV, an experienced provider of investor
relations to small, emerging companies like ours, has been selected
to assist us in transitioning to profitability, a goal we hope to
achieve this year, and in communicating our company and opportunity
to the masses. We are excited and look forward to working with ACV
in the time ahead.”
“IceWEB operates in a highly visible, opportunistic, competitive
market – data center, colocation, wireless internet and cloud
services. The potential seen here is enormous, particularly for
companies like IceWEB that have a recurring revenue business model
and are growing their service offerings in line with customer
demand. We are pleased to be engaged with the Company for investor
relations and are excited to begin working with their world-class
team,” commented, Howard Gostfrand, President of American Capital
Ventures.
About IceWEB, Inc.
IceWEB is a provider of wireless and fiber broadband service,
co-location space and related services and the operator of a
Network Access Point (“NAP”) where customers directly interconnect
with a network ecosystem of partners and customers. IceWEB also
manufactures award-winning, high performance unified data storage
appliances with IceWEB´s proprietary IceSTORM™ storage management
software, providing enterprise storage management capabilities at a
fraction of the price of traditional providers. Through thin
provisioning, target deduplication and inline compression, IceWEB´s
unified storage arrays enable standardization, consolidation and
optimized storage utilization for virtual and cloud environments,
saving up to 90% of storage costs, while reducing space, power and
cooling requirements and simplifying storage management. For more
information please call 800-465-4637 or
visit www.ctcwi.com and 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.
Investor Relations:American Capital VenturesHoward Gostfrand,
305-918-7000info@amcapventures.com