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Market: OTCBB
Sector: IT Hardware
EPIC: IWEB
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IceWEB
www.iceweb.com

IceWEB has developed a high-performance unified storage platform for file and block data of all kinds that’s easy to install, and provides built-in, all-inclusive storage management features including de-duplication; unlimited snapshots; thin provisioning; local or remote, real-time or scheduled replication; capacity and utilization reporting, and VMware integration for the commercial mid-market sector.

 

Full IceWEB profile here
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IceWEB to supply unified storage system for VideoBank`s contract with US Federal Government

2nd Sep 2010, 9:02 pm
IceWEB to supply unified storage system for VideoBank`s contract with US Federal Government

Shares in cloud storage networks specialist IceWEB, Inc (OTC:IWEB) were on the move today after the company announced that its channel partner, VideoBank, had been awarded a contract from the US Federal Government.


VideoBank provides solutions for managing video, audio, still imagery, documents, and other digital content for organizations of all types and sizes. The company`s video management platform will be provided in the contract, which utilizes IceWEB`s 48TB IceWEB 5000 data storage product.

The IceWEB 500 unified storage system offers one platform for file and block data, and provides built-in, all-inclusive storage management features including de-duplication; unlimited snapshots; thin provisioning; local or remote, real-time or scheduled replication; capacity and utilization reporting, and VMware integration.


 "We are continuing to see a surge in the need to manage and store massive amounts of video captured from aerial sensors deployed by Department of Defense and Intelligence agencies in the fight against terrorism.   Video and satellite imagery are two very important growth areas for IceWEB as we continue to diversify our customer base," stated John R. Signorello, IceWEB CEO.  


The initial installation is scheduled to be deployed in the current fiscal quarter, IceWEB added.


IceWEB generated revenues of US$1.2 million in the three month period ended June 30, 2010, an increase of 46% on the comparable period in the previous fiscal year.


Shares in IceWEB climbed more than 5% on the news.

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