STERLING, Va., March 30 /PRNewswire-FirstCall/ -- IceWEB, Inc.™ (OTC Bulletin Board: IWEB), www.IceWEB.com, a leading provider of Unified Data Storage and building blocks for cloud storage networks, provided additional details today with regard to the NASA Solutions for Enterprise-wide Procurement (SEWP) IV Government-Wide Acquisition Contract # NNG07DA10B.

Although the contract for information technology equipment and services is a four-year contract that expires 4/30/2014 and has an estimated value of up to U.S. $5.6 billion, the IceWEB and James River Technical Inc. (JRTI) relationship is only targeting the data storage portion of the estimated $5.6 billion contract.  The dollar amount allocated to data storage is not specified in the contract and will vary from year to year based on government demand.  IceWEB would like to clarify that they are not the sole contractor being awarded a $5.6 billion contract.  IceWEB and James River Technical are one of many contractors competing to win portions of the $5.6 billion dollars estimated to be awarded by the federal government for all of its Informational Technology spending over the next four years.

As a prime contract holder on NASA's SEWP IV GWAC, JRTI, Inc. works with a host of government agencies and end-users to design, deliver and support information technology solutions within the federal government market.  JRTI has strategic alliances with leading IT providers like Dell, Cray, NVIDIA and others to offer the latest in technology solutions.

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 through eight geographically dispersed offices, allowing us to provide a consistent and efficient delivery model for our products and services throughout the country.

For more information regarding JRT solutions, please call 804.935.0150; view our contact page, www.jrti.com/contacts.html.

About IceWEB, Inc.

Headquartered just outside of Washington, D.C., IceWEB manufactures and markets purpose built appliances, 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.

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.

SOURCE IceWEB, Inc.