The ID/IQ (Indefinite Duration/Indefinite Quantity) contract will serve as a vehicle through which the agency may source a broad range of Information Technology products from IceWEB. The contract also specifies CLIN number 0002 and 0003 for two option years July 1, 2008 through June 30, 2009 and July 1, 2009 through June 30, 2010 respectively. Both options years have a Ceiling of $10,000,000.

John R. Signorello, Chairman and CEO of IceWEB Inc., said, “We are in the early stages of building our bid and proposal team to pursue larger, long term Federal Contracts through which we can deliver our products, services and customized security solutions. It is our goal to grow our Federal Practice to $100,000,000 organically over the next 5 years.”

To be added to IceWEB’s investor relations email list please click on the following link: http://www.iceweb.com/home_investrelations.asp or call Investor Relations at 703-964-8000 ext 0961.

About IWEB IceWEB

IceWEB, Inc., (OTC BB: IWEB), utilizes a hosted software services model that brings technologies normally reserved for large corporations to the small business customer. By subscribing to IceWEB’s flagship products, IceMAIL and IcePORTAL small and medium sized businesses can now have the benefits of these more advanced software systems for a low ‘pay as you grow’ basis instead of being faced with 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. 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.