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IceWEB's Channel Partner James River Technical Lands Order From Large Atlantic Coast Conference University

Revenue from order to exceed $500,000

STERLING, Va., March 26 /PRNewswire-FirstCall/ -- IceWEB, Inc.(TM) (OTC Bulletin Board: IWEB), www.IceWEB.com, a leading provider of building blocks for cloud storage networks and purpose built appliances, announced today that they have been selected as the High Performance Computing (HPC) storage infrastructure platform by premier channel partner, James River Technical, Incorporated (JRTI), www.JRTI.com, for one of their HPC implementations at a major university. IceWEB's high performance computing storage solution offers unique capabilities for maximizing performance and integration into super computing environments. IceWEB's ability to support both file and block protocols and support for 10G (10GB Ethernet), FCoE (Fibre Channel over Ethernet) and Infinaband make it the ideal platform for data intensive environments looking for a simple, scalable and affordable platform.

"The initial order is for $50,000 and we expect this to grow exponentially to $500,000, as this will be the base storage infrastructure for a major HPC expansion in support of researchers across a multitude of disciplines from leading edge genomic research to massive multivariate CFD models. We and our research customers see the HPC paradigm moving to one where data intensive computing needs are advancing and accelerating at a rate equal to or greater than the computational requirements. This is the primary reason why JRTI has embraced IceWEB, as our lead HPC storage provider; IceWEB intrinsically understands the dynamics of this evolving HPC paradigm. IceWEB's, unified storage platform offers unique capabilities and interface options making it the ideal platform for this highly intensive and flexible user environment," said Leo A. Iantosca, CEO for JRTI. "Their commitment to the channel and unique partner program make them the ideal partner for our diversified customer base."

"It is really exciting to have a partner score a high profile win like this. JRTI is vital to our growth strategy; their ability to position IceWEB Storage Systems into their existing customers is the cornerstone of our channel program," stated Karl Chen, SVP Sales and Marketing at IceWEB. "We look forward to providing Leo and his team at JRTI with any/all resources needed to support their growing customer base."

John R. Signorello, CEO of IceWEB stated, "JRTI is a prime contract holder of the NASA SEWP contract. Their access into the Federal Government makes them one of our premier partners in the mid-Atlantic area. It is really amazing to see a channel partner bring in an account like this so quickly. We truly appreciate the world class job the team at JRTI did in landing this deal using IceWEB storage."

About IceWEB, Inc.

Headquartered just outside of Washington, D.C., IceWEB manufactures and markets data storage products, network and cloud storage solutions and delivers 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 www.IceWEB.com.

About James River Technical Inc.

James River Technical (JRT) is a leading provider and integrator of innovative and cost-effective High Performance Computing solutions. JRT, founded in 1988, is located in Richmond, Virginia. We maintain a nationwide coverage model throughout the US, allowing us to provide a consistent and efficient delivery model for our products and services throughout the country. Contact [email protected]

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

[email protected]

SOURCE IceWEB, Inc.

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