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CommentsHERNDON, VA - IceWEB, Inc. (OTC BB: IWEB), a leading provider of subscription-based Hosted Microsoft Exchange services, enterprise software and network security infrastructure products and services, announced that it has selected Allen & Caron, Inc. as its agency for investor relations and corporate communications.
IceWEB affords small- and medium-sized business all the benefits of large-scale enterprise software applications and security systems by hosting them on an IceWEBmanaged, shared network infrastructure. The Company’s IceWEB Online segment offers its web-based services, a la carte, at low-priced, monthly subscriptions, eliminating the need for its customers to pay large, up-front expenses to design and / or customize, install and maintain solutions once afforded only to “big business.”
“IceWEB is in the midst of a financial turnaround due in part to both our recent acquisition of True North Federal Solutions and the successful execution of our new strategic plan. We have taken the necessary steps to reposition IceWEB, eliminating those products and divisions that were less profitable and/or were no longer part of our core competencies. As a result, and with the help of Allen & Caron, we are preparing a concise narrative as we step up our communications outreach to the investment community,” commented John R. Signorello, Chairman and CEO of IceWEB Inc. “After a thorough review of several agencies, we chose Allen & Caron due to its solid reputation and history of increasing client profiles among institutional investors, which is an essential part of any plan to attract qualified investors.”
“Small- and mid-sized businesses far outnumber large ones, not only in the US, but around the world,” commented Joe Allen, Allen & Caron Chairman and CEO. “Using the Internet to tap this market, as an ASP IceWEB leverages the success and functionality of existing technologies by combining them with custom ‘hosting control’ systems in order to simplify the purchasing and management processes. As IceWEB executes its postturnaround strategy, we feel that its prospects will be very interesting to investors as we tell its story to Wall Street.”
The Company also serves the Federal Government, as it has done for the past several years, through its IceWEB Solutions Group, which specializes in providing network infrastructure security solutions. IceWEB possesses multiple GSA, GWAC, and BPA agreements with key agencies in order to fulfill the sale of its firewall, authentication, PKI, encryption, and traffic filtering products and services to these, and other government and civilian agencies, as well as private industry.
To be added to our investor relations email list please call Jesse Deal of Allen & Caron at 212 691 8087 or go to http://www.IceWEB.com/home_investrelations.asp.
About Allen & Caron
Allen & Caron is a full-service corporate, investor and marketing communications agency serving the needs of public companies. The Allen & Caron international client base includes emerging growth companies in a range of industry segments. The firm has offices in Irvine, California; New York City; and London; maintains a presence in Paris; and has an affiliate relationship with a leading investor relations firm in Italy, which has offices in Milan and Rome.
About IceWEB, Inc.
IceWEB, Inc. (OTC BB: IWEB) utilizes a recurring revenue software services model that brings technologies normally reserved for large corporations to the small business customer. Small businesses can now have the benefits of these more advanced software systems for a low monthly subscription price instead of large up-front capital expenses. IceWEB also provides network infrastructure solutions services to our enterprise and Government customers with a specific focus on network security, authentication, and PKI encryption systems. Founded in 2000, IceWEB is headquartered in Herndon, VA, and serves customers in the public and private sectors. For more information, please visit http://www.IceWEB.com or http://www.IceMAIL.com.
“Safe Harbor" statement under the Private Securities Litigation Reform Act of 1995 Except for the historical information contained herein, the matters discussed in this press release are forward-looking statements that involve risks and uncertainties, including but not limited to business conditions and the amount of growth in the computer industry and general economy, competitive factors, and other risks detailed from time to time in the Company's SEC reports, including but not limited to its annual report on Form 10-K and its quarterly reports on Forms 10-Q. The Company does not undertake any obligation to update forward-looking statements.
All trademarks and brand names are the property of their respective companies.
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