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CTC CEO Graeme Gibson Comments on Recent Transaction with IceWEB

IceWEB, Inc. (OTCBB:IWEB), today provided the following comments from CTC CEO Graeme Gibson regarding the recently announced transaction.

I am delighted to address the shareholders and customers of IceWEB as a new employee. I am especially excited to be working with Rob Howe, IceWEB’s CEO. We have joined CTC’s significant assets of: advanced connectivity capabilities (by fiber and traditional networks); Full-Service Data Centers; Fifty-city-wide Fixed Wireless Networks, and our Network Access Point (KC NAP) with the already highly advanced data storage and cloud collaboration Bring Your Own Device (BYOD) products from IceWEB.

As a combined entity, we now present a complete cloud services company. We not only store and manage customers’ data, we can get customers connected to it virtually anywhere in the US at reasonable cost, with high security, and if required, with path redundancy. This includes 10Gbs replication services between our data centers with the ability to upgrade as needed to 40Gbs. Better yet, we now have the means to market well beyond our Missouri and Kansas roots and our already impressive client base.

I am already working closely with Rob to integrate the companies’ systems and processes, reducing duplication of effort and growing our revenue.

Further, we are developing pipelines to streamline and simplify point-to-point operational connectivity, not to mention cloud services in VoIP, video, security, surveillance, Backup, CO2 emissions and environmental monitoring, Web, Mail, HVAC control and Wireless Services which are now available to our combined customer base. Thanks for making me feel so welcome.

Graeme Gibson, CDP

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. 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 certain 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 in IceWEB, Inc.’s Annual Report on Form 10-K for the year ended September 30, 2012 and in the Company’s subsequent filings with the SEC, which are available on the SEC’s 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 other document, whether as a result of new information, future events or otherwise, except as otherwise required by applicable federal securities laws.