IceWEB CEO Comments

IceWEB Storage Corporation announced that CEO Rob Howe, has provided the following guidance concerning the pending acquisition of Computers & Tele-Comm, Inc. (CTC).

Dear Shareholders:

We are nearing the completion of our due diligence and audit process for our acquisition of Computers & Telecom, Inc. I remain optimistic and enthusiastic about this acquisition and what it will mean for the company and our shareholders, as we add data center, broadband, managed services, and cloud services capabilities to our product offerings. This acquisition is a complex and highly detailed process, and we are proceeding as rapidly as possible.

You can be assured that I will keep you apprised of any substantive new developments as soon as they occur.

During this process, we continue to forge ahead with our cloud services business.

The model is compelling for many reasons including, but not limited to:

IceWEB’s new positioning in the cloud services, Bring Your Own Device arena make the company increasingly competitive;
IceWEB has a strong history in the government and education sectors. That is growing. Our ability to customize the products/services to the client’s specific needs completely outdates the cookie-cutter solutions provided by many competitors; and,
From a shareholder perspective, there are few opportunities to enter at this price point with all indicators pointing to tremendous growth.

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