IceWEB Enters Agreement With ExxonMobil Global Services for Upstream Services

IceWEB to Provide Standard Procurement Agreement for Geographic Information
Systems

STERLING, Va., Nov. 3 /PRNewswire-FirstCall/ -- IceWEB, Inc.(TM) (OTC Bulletin
Board: IWEB), www.IceWEB.com, a leading provider of purpose built appliances
and building blocks for cloud storage networks, announced today that the
Company has entered into a Standard Procurement Agreement (SPA) with
ExxonMobil Global Services Company, an operating division of ExxonMobil, the
largest publicly traded international oil and gas company. The agreement for
upstream services from IceWEB is for both the design of Geographical
Information Systems (GIS) and to provide GIS technical staff including
Consultants, Project Managers, Senior GIS System/Software Architects, GIS
Software Developers, Engineers, Data Base Analysts, and Senior Storage
Engineering staff.

John R. Signorello, CEO of IceWEB said, "Land exploration in the oil and gas
sector requires the ability to put detailed imagery in the hands of those who
need it regardless of where they may be. With this agreement ExxonMobil will
leverage IceWEB expertise to work on building new infrastructure to accomplish
that task. We are very pleased to be able to make our resources available to
ExxonMobil for this important project."

About IceWEB, Inc.
Headquartered just outside of Washington, D.C., IceWEB manufactures and
markets purpose built appliances, network and cloud attached 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.

Contact:
IceWEB, Inc.
Investor Relations, 571.287.2400
investor@iceweb.com

SOURCE IceWEB, Inc.

IceWEB, Inc., Investor Relations, +1-571-287-2400, investor@iceweb.com