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ICEWEB Inc

                                                                        
                                                      

   

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IWEB
 (IceWEB, Inc.)

  Headquartered just outside of Washington, D.C., IceWEB manufactures and markets storage solutions and on-line application services. Additionally it is a leading source for best-of-class security products, services and solutions offered in partnership with a wide range of global technology leaders. 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



Nov 04, 2009

 

IceWeb Awarded Significant Iplicity Storage Contract by Federal Agency

 

--Iplicity Platform Provides Government Increased Storage Scalability & Performance


 www.IceWEB.com
, announced today that the Company has been awarded a significant contract by a Federal Agency to provide its Iplicity Unified Storage Platform to support a large Unix environment. The initial award is for a storage area network providing more than 100 terabytes of disk capacity, and will enable the Agency to capture and archive critical log data.

"Iplicity was chosen for this contract because of its ease of use, high performance, and advanced data replication capabilities," said Tim McNamee, VP of Federal Channels. "The system will provide both fibre channel attached host and NFS NAS (network attached storage) capabilities to the Agency. This initial deployment has the potential to grow in size to a petabyte (1000 terabytes) of storage in the short-term."

"The performance, management features and pricing of the Iplicity platform made it a compelling and cost effective solution for this customer," said Gary Dunham, SVP of Product Development and Engineering for IceWEB. "In the case of this Federal Agency, it made perfect sense to augment their existing storage infrastructure with Iplicity. The feature sets built into Iplicity, all of which were critical to this agency, would have cost them more than our entire solution were they to have purchased them from their legacy storage vendor."

 



November 3, 2009

IceWEB Enters Agreement With ExxonMobil Global Services for Upstream Services

IceWEB to Provide Standard Procurement Agreement for Geographic Information Systems

 IceWeb a leading provider of purpose built appliances and building blocks for cloud storage networks, announced today that the Company has entered into a Standard Procurement Agreement (SPA) with ExxonMobil Global Services Company, an operating division of ExxonMobil, the largest publicly traded international oil and gas company. The agreement for upstream services from IceWEB is for both the design of Geographical Information Systems (GIS) and to provide GIS technical staff including Consultants, Project Managers, Senior GIS System/Software Architects, GIS Software Developers, Engineers, Data Base Analysts, and Senior Storage Engineering staff.

John R. Signorello, CEO of IceWEB said, "Land exploration in the oil and gas sector requires the ability to put detailed imagery in the hands of those who need it regardless of where they may be. With this agreement ExxonMobil will leverage IceWEB expertise to work on building new infrastructure to accomplish that task. We are very pleased to be able to make our resources available to ExxonMobil for this important project."



Oct. 28, 2009

IceWEB & Saratoga Data Systems Accelerate Cloud Data Ingestion
IceWEB to Integrate FLUME Data Acceleration Product into Iplicity Platform

Gary Dunham, SVP Product Development & Engineering for IceWEB detailed the development effort, "IceWEB will bundle or integrate Flume Network Optimization software into our core Iplicity product suite. We are partnering with Saratoga Data Systems to deliver this functionality to our clients, ISP's and MSP's who implement Iplicity products to solve a vexing problem associated with migrating corporate data into emerging cloud storage services. The problem, which in many cases is delaying wholesale migration into cloud storage, is the fact that the volumes of data to be migrated from private networks to cloud storage far exceeds what can be transferred electronically in a reasonable period of time. To 'band-aid' this problem, many providers rely on manually copying data at the remote customer site and then shipping that data on physical devices to the provider's location and downloading that data onto their cloud infrastructure. Such manual processes are by no means a secure, automated, or efficient solution." Dunham continued, "By integrating Flume protocols within Iplicity, we have a solution that significantly accelerates the transfer of large amounts of data across long distance, high latency networks, in a secure, encrypted, and guaranteed error free fashion."

"Iplicity in and of itself is an exciting storage solution," said Greg Fairbank, President & CEO of Saratoga Data Systems. "We're excited at the prospect of integrating Flume Network Optimization with the product suite. We think that the dramatic performance increases Flume can deliver to the cloud storage marketplace coupled with the innovative features found within Iplicity will offer a compelling solution for companies as they begin to migrate their data into the cloud. The fact that Iplicity and Flume will allow rapid transfer of large amounts of data simultaneously to multiple distinct cloud storage providers also will serve to mitigate some of the perceived risks associated with cloud storage vendor lock-in as well."

IPLICITY & FLUME BENEFITS

-- Transfer very large data files faster than TCP based utilities, without
network tuning or specialized client side hardware
-- Improve throughput over long distance, high latency networks
-- Lower costs by improving utilization of available network bandwidth
-- Secure data with built in encryption, allowing secure use of lower cost
public networks
-- Simultaneously transfer high volume data to any number of providers

-- Accelerate the transfer of any data, regardless of content or format

Oct. 22, 2009

IceWEB Announces WiSCSI Capabilities for Iplicity

WiSCSI Delivers Wireless SAN/NAS Capability for Field Deployments

 STERLING, Va., Oct. 22 /PRNewswire-FirstCall/ -- IceWEB, Inc.((TM)) www.IceWEB.com, (OTC Bulletin Board: IWEB) today announced that the Company has engineered a new storage connectivity environment called WiSCSI. The capability provides wireless 802.11b,g,n storage access for field deployable networks. The Company anticipates shipping the first WiSCSI((TM)) units in December 2009.

Gary Dunham, SVP Product Development & Engineering for IceWEB detailed the offering, "WiSCSI will for the first time enable first responders, Warfighters, field engineering teams, and disaster personnel to at the flip of a switch on their laptops to both deliver and connect to sophisticated shared storage environments wirelessly. Building on the iSCSI protocol, IceWEB's WiSCSI adds full wireless functionality to SAN and NAS deployments. Two days ago we announced the WorldBook, a ruggedized Mil-Spec laptop with the worlds largest notebook based storage capacity. Combining our Iplicity Storage software, the WorldBook (or our MLP III portable GIS server), and WiSCSI gives field teams the capability to both deliver content on those devices to an unlimited number of wireless network clients, and to deliver storage space to them as well so that the teams can assimilate and instantaneously update real-time information."

"WiSCSI allows the setup of instant on, data anywhere networking," said John R. Signorello, IceWEB CEO. "This technology will not only benefit disaster preparedness personnel and first responders, but anyone who needs to have access to critical data and storage wherever they may be, movie production teams shooting at field locations, temporary medical clinics, command center sites for military personnel, oil and gas exploration, concert and event security staff, construction engineering teams, etc."

The underlining technology of WiSCSI will be added to IceWEB's growing intellectual property portfolio. IceWEB will continue to add to its intellectual property while simultaneously releasing innovative and industry changing products and services.




Oct. 20, 2009


IceWEB & Spot Image Partner to Launch Turn-Key Imagery Appliance

Powered by Google Earth Enterprise


Companies Join to Deliver a Turn-Key Appliance Powered by Google

Earth Enterprise

 

 

 

DULLES, Va., Oct. 20 /PRNewswire-FirstCall/ -- IceWEB, Inc.(TM) (OTC Bulletin Board: IWEB), www.IceWEB.com, a leading provider of purpose built appliances and building blocks for cloud storage networks, announced today that the company is working with Spot Image Corporation to build and market a turn-key appliance pre-bundled with Spot Image's imagery served by Google Earth Enterprise.

The appliance will be designed to offer a rapidly deployable service that delivers Spot Image's imagery to customers as pre-built globes served by Google Earth Enterprise. The availability of the appliance will help broaden Spot Image's reach into existing customers and will enable organizations to quickly deliver Spot Image imagery to their users through Google Earth and the Google Earth and Google Maps APIs.

"Google Earth Enterprise brings the power of Google Earth and Google Maps to organizations who want to securely and rapidly deliver geospatial data to their users. Spot Image Corporation and IceWEB collaborating to offer a pre-built, turn-key system is an exciting step toward making it even easier for organizations to offer high quality, broad coverage Spot Image imagery to their users through the Google Earth and Maps experience," said Dylan Lorimer, Google Earth Enterprise Product Manager.

"We are excited to work with Spot Image Corporation to use the Google Earth Enterprise platform to deliver innovative imagery solutions that meet critical business needs. IceWEB is very pleased to be the integration partner and hardware supplier on which to deliver these solutions," said John R. Signorello, CEO for IceWEB Inc.

Keith Masback, President , US Geospatial Intelligence Foundation, commented about the announcement, "I am very pleased to see members collaborating to bring a new solution to this rapidly expanding and important marketplace, and choosing the industry's largest event to roll it out, further showing the value of the foundation, the collaborative opportunities it affords, and the event itself."

The first units are expected to ship in January, 2010.



Sep. 24, 2009

Canadian Governmental Agency Selects
IceWEB to Provide Data Storage Services for 2010 Winter Olympics in Vancouver
Portable GIS Server Orders Received from 2010 Olympics Integrated Security Unit

DULLES, Va., Sept. 24 /PRNewswire-FirstCall/ -- IceWEB, Inc.((TM)) (OTC Bulletin Board: IWEB), www.iceweb.com, today announced that the Company has been selected by a Canadian Governmental Agency to provide MLP Server Appliances for the Integrated Security Unit (ISU) for the 2010 Winter Olympics scheduled to be held in Vancouver. The Company stated that this order will expand on the existing installations with the Canadian Agency and allow greater security and communications for the ISU in meeting their critical mission.

Stephen A. Gill, VP of Sales for IceWEB said of the order, "We're honored to be selected for this high-profile event which will enhance the overall protection of data at the 2010 Winter Olympics. The MLP servers deliver incredible GIS server processing power in a streamlined, portable, field deployable unit. While portable and lightweight, the MLP can be adapted to any GIS environment by loading and/or adding appropriate map data sets on the fly, and has storage capacity that can scale in excess of 100 terabytes."



Aug 19, 2009

Oct. 28, 2009

IceWEB's INLINE Corporation Signs Partnership Agreement with Spot Image Corporation

INLINE to Distribute Satellite Imagery Data

www.iceweb.com, today announced that its wholly owned subsidiary, INLINE Corporation, and Spot Image Corp. have signed a commercial partnership agreement giving INLINE rights to distribute imagery data to the entire U.S. Federal and Commercial market.

"The strength and level of expertise that INLINE has shown in the geospatial market makes them an excellent choice for distribution of SPOT products in the United States," said Alan Kittson, Spot Image Corp. Director of Federal/Civilian Sales. "The ability to feed our satellite data to high performing, purpose built INLINE appliances will assist Spot Image in our efforts to promote widespread adoption of turnkey imagery appliances in the marketplace."

The Federal market has a strong interest in satellite-based Earth observation and is spurring the need for satellite imagery. The U.S. market represents one of the largest user-bases of SPOT imagery in the world. SPOT imagery is broadly used for many applications including homeland security, agriculture, geology, forestry, regional planning, education, intelligence and warfare.

"The 2 SPOT satellites in orbit (SPOT 4 and 5) provide images with a large choice of resolutions - from 2.5 m to 1 km. Because of this flexibility, they have become an attractive data source for customers. The ability to deliver imagery of any location on earth, within 24 hours, requires the ability to store and use that information effectively in support of any mission, be it in a fixed location using INLINE's GIS appliances, or in a "fly-away-kit" residing on our MLP Portable GIS system," explained John R. Signorello, IceWEB, Chief Executive Officer.

About Spot Image Corporation

Spot Image Corporation of Chantilly, VA, is a fully-owned North American subsidiary of Spot Image. With two operational Earth observation satellites in orbit and four more under development, Spot Image is a leading supplier of geospatial information. Headquartered in Toulouse, France, with subsidiaries and offices in Australia, Brazil, China, Japan, Peru, Singapore, Mexico and the United States, the Spot Image group leverages a global network of ground receiving stations, partners and distributors to bring an extensive variety of geographic information products, and services to public- and private-sector decision-makers worldwide. Spot Image is 81% owned by EADS Astrium, and together with Infoterra, forms the Earth Observation division of Astrium Services.
 

Aug 17, 2009

IceWEB Reports Fiscal Third Quarter Results

 Gross Margin Improves 300% Over Prior Year, Exceeding 50% for the First Time, Due to Sale of High-Margin Proprietary Storage Products; Company Significantly Reduces Debt

Recent Operational highlights

-- Chief Executive Officer recently acquired the remaining Series B preferred Stock

-- Company executed $3MM Series C preferred investment

-- Revenue margins for the IceWEB family of products eclipsed 50% for the first time ever, compared to 12.2% in the same period in fiscal 2008.

-- 100% of the company's revenue was generated through the sales of high-margin proprietary storage solutions; the Company exited the lower-margin reseller business earlier this year

-- Company Launched its Iplicity enterprise platform

-- Company added 30+ new customers

-- Loss from operations was reduced by 61.2% to $804K, from $2.07 million. Of this loss, non-cash expenses accounted for $322K.

-- Selling, general and administrative expenses totaled $1.0 million, versus $2.4 million in the year-ago period. Excluding non-cash expense, G&A for the quarter ended June 30, 2009 was $765,000 versus $1,200,000 in the year ago period, a reduction of $435,000 or 36%.

-- Current liabilities declined from approximately $9 million at its fiscal year ended September 30, 2008, to $3.0 million. Total debt declined from $10.1 million at September 30, 2008 to $4.3 million at June 30, 2009.

-- Actual operating cash loss for the quarter was $233,000, including one- time legal charges of $123,000

Revenue for the 2009 third quarter was $826,000 compared to $6.0 million for the same period in fiscal 2008. Revenue declined due to the Company's decision to divest its IceWEB Solutions Group, Inc. (VA) subsidiary, a reseller of low-margin hardware and software products. Third quarter total operating expenses were $1.2 million, which included $322,000 of non-cash items, compared to $2.8 million in the year-earlier period.

After adjusting for non-cash items and interest expense, the Company's pro-forma EBITDAS (Earnings Before Interest, Taxes, Depreciation, Amortization and Stock-based compensation) for the 2009 fiscal third quarter was a loss of $396,000, compared to a loss of $617,000 in the previous year. The actual operating loss was $233,000 after taking into account one time legal charges of $123,000.

"We believe the improved operating results for the third fiscal quarter reflect our commitment to our proprietary storage products we own and manufacture," said John R. Signorello, Chairman and Chief Executive Officer of IceWEB, Inc. "We are now focused on the many opportunities to increase sales of our storage products. We believe that these initiatives will favorably impact results over the balance of the year, leading to growing sales, additional margin improvement and improved profitability."

Strategic Update

With the recent preferred stock financing in place, and with recent product development progress, including the roll-out of the Company's Iplicity 2.0 Enterprise Platform, the Company is positioned to place even greater emphasis on penetrating key markets and increase its sales and marketing efforts.

Mark B. Lucky, IceWEB Chief Financial Officer stated, "Our efforts over the last nine months to improve our balance sheet and right size the Company's operations and capital structure will greatly enhance the Company's prospects for profitable financial performance in the coming fiscal year."

NON-GAAP Financial Measures

The Company uses non-GAAP financial measures in evaluating its financial and operational decision making and as a means to evaluate period-to-period comparison. Company management believes that the non-GAAP financial measures provide meaningful supplemental information regarding our performance and liquidity by excluding certain expenses and expenditures that may not be indicative of the performance of our core cash operations. The Company believes that both management and investors benefit from referring to these non-GAAP financial measures in assessing our performance and when planning, forecasting and analyzing future periods. The Company believes these non-GAAP financial measures are useful to investors because they allow for greater transparency with respect to key metrics used by management.

EBITDA. As is common in the industry, the Company uses EBITDA as a measure of performance to demonstrate earnings exclusive of interest and non-cash items. (e.g. depreciation, amortization & stock-based compensation expense). The Company, in its daily management of its business affairs and analysis of its monthly, quarterly and annual performance, makes its decisions based on cash flows. In managing its current and future affairs, the Company cannot affect the amortization of the intangible assets to any material degree, and therefore uses EBITDA as its primary management guide. Since an outside investor may base its evaluation of the Company's performance on the Company's net loss, not its cash flows, there is a limitation to the EBITDA measurement. EBITDA is not, and should not be considered, an alternative to net loss, loss from operations or any other measure for determining operating performance of liquidity, as determined under GAAP. The most directly comparable GAAP reference in the Company's case is the removal of interest, depreciation, amortization, taxes and other non-cash expenses.

 

 

Aug 12, 2009

Department of Defense Awards IceWEB's INLINE Corporation Contract to Provide Innovative Storage Solutions

IceWEB, Inc.(TM) (OTCBB:IWEB), www.iceweb.com, today announced that its wholly owned subsidiary, INLINE Corporation, was recently awarded a contract by the Department of Defense (DoD) to develop innovative storage solutions to accommodate the Government's growing need for data storage in connection with defense applications. The Company has initially designed a storage system that has the capability to scale to 2 petabytes.

Under the agreement, INLINE Corporation will provide data storage to one of DoD's Combatant Commands. INLINE Corporation's TruEnterprise 444 model, a scalable data center grade product, will be deployed by the DoD to build an initial 48TB repository for geospatial imagery data. DoD plans to scale the overall solution to accommodate growth of this GIS data to upwards of 200TB's.

Stephen A. Gill, Vice President of Global Sales, commented on the contract award, "Our vast experience in deploying mission critical Geospatial solutions makes INLINE Corporation's product suites the de-facto leader in providing high performance, highly reliable data storage for these complex and heavy-data-lifting applications. We're pleased to have been chosen by the Department of Defense to service their GIS needs."

 

 

 

 

 

 

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