IceWEB in Advanced Negotiations with NovaStor

IceWEB in Advanced Negotiations with NovaStor

-To Act As OEM Hardware Supplier for Renowned Global Software Provider-

STERLING, Va.--(BUSINESS WIRE)-- IceWEB™, Inc. (OTC:IWEB), a leading provider of Unified Data Storage appliances for cloud and virtual environments as well as secure, infinitely scalable Cloud Services announced today that it is in advanced discussions to formalize an OEM hardware supplier agreement with NovaStor, a worldwide software company.


The terms of the transaction are being finalized with a launch eyed for early Q-1, 2013. "We are excited to provide our complete storage hardware and software solutions in an OEM relationship with NovaStor which will move the IceWEB technology and the IceSTORM interface into their thousands of customers in the US. The terms contemplated in the relationship will allow us to leverage our manufacturing, product support and supply chain expertise as well as enable us to market additional services such as our recently announced IceWEB Cloud Services, and support contracts to this new customer base," said Rob Howe, IceWEB CEO.

"We are equally excited about this new opportunity to extend our brand presence through this new hardware and services relationship with IceWEB," said Mike Andrews, Managing Director of NovaStor. "This approach allows us to maximize the benefit of our new Data Center version for our customers by providing not only purpose-built appliances from IceWEB for them, but also by being able to add the Cloud component. We see this as a truly synergistic relationship between our two fast-growing companies," Andrews concluded.

The ease of plug and play deployment, simplicity of management and cost-effectiveness of the combined solution works to every customer's advantage. The entire system can be implemented in less than one hour, and with the addition of the cloud component, the solution rivals or exceeds any backup storage capability in the market today.

Hybrid cloud based backup solutions leverage the Internet like an online backup solution does, but they also place an appliance at your location. Companies use an appliance that receives the local backup and stores it. It then replicates this backup across the Internet to the IceWEB cloud storage resources. This not only minimizes the performance impact of the local server during backup; since backups are to a local appliance they happen much faster. Having a local appliance also addresses the local restore issues. If the data is not stored locally it can take days to restore data from the Cloud. Having a Hybrid Backup system however helps SMB customer ensure that there data is safe from, fire or natural disaster.

Hybrid Cloud Backup for the SMB addresses the shortcomings in both on-premise backup as well as online backup. It provides a simple, fast, cost effective way to protect data locally while leveraging the cloud for long-term storage and disaster recovery. It allows SMBs to focus on growing the business as opposed to growing their IT staff.

About NovaSTOR

NovaSTOR develops and markets data protection and availability software. NovaSTOR products are installed on millions of computers and servers worldwide. Headquartered in Zug, Switzerland, NovaSTOR's software products are developed in Hamburg, Germany and Agoura Hills, California. For more information, visit: www.novastor.com.

About IceWEB

IceWEB manufactures award-winning, high performance unified data storage appliances with enterprise storage management capabilities at a fraction of the price of traditional providers, while reducing space, power and cooling requirements and simplifying storage management for land-based, virtual and cloud environments. For more information please call 800-465-4637 or visit www.IceWEB.com. To become part of the Company's e-mail list for industry updates and press releases, please send an e-mail to ir@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.

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IceWEB, Inc.
Cynthia DeMonte, 571-287-2400 or 917-273-1717

KEYWORDS:   United States  North America  Virginia

INDUSTRY KEYWORDS:

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