STERLING, Va. , Dec. 5, 2011 /PRNewswire/ -- IceWEB, Inc.' (OTCBB: IWEB), www.IceWEB.com, a leading provider of Unified Data Storage and building blocks for cloud storage networks, announced today that it will host a conference call to update and provide transparency about the strategic direction for the future of the Company on December 8th at 4:30 PM.
Interested parties may participate in the call by dialing toll-free 1-877-941-4774 or 1-480-629-9760 toll/international, about 5 - 10 minutes prior to 4:30 PM ET. The conference call will also be available on replay starting at 7:30 PM ET on December 8, 2011 and ending 11:59 PM ET on December 22, 2011. For the replay, please dial 1-877-870-5176 and the access number for the replay for international callers is 1-858-384-5517. The PIN Number for both replays is 4495680.
IceWEB CEO, John R. Signorello will host the call and discuss the strategic plan moving forward now that the Corporation has secured Capital and the IceWEB Storage Platform has been declared "Best In Class" Replication Products of the Year by the leading independent source on Storage Platforms. Additionally, Mr. Signorello will discuss:
- Use of proceeds from the recent capital raises and the immediate impact on revenue,
- The disruptive technology that differentiates IceWEB's platform from the competitors,
- The micro and macro economic environment as it relates to the cloud storage space,
- Transparency for short and long term shareholders over the next 12 to 24 months,
- Update on the Definitive Merger Agreement filed in March 2011 with Promark Technology.
Since the last hosted call was so well attended, the Company would like to extend the opportunity to the now more than 5,000 shareholders to submit questions or comments prior to the call on Dec. 8th to investor@iceweb.com.
About IceWEB, Inc.
IceWEB, Inc., headquartered just outside of Washington, D.C. manufactures and markets data storage products. For more information please call 800-465-4637 or visit www.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.
Contact:
IceWEB, Inc.
Investor Relations, 571.287.2400
investor@iceweb.com
or
Stephen D. Axelrod, CFA, 212.370.4500
steve@wolfeaxelrod.com
Wolfe Axelrod Weinberger Associates, LLC.
SOURCE IceWEB, Inc.
