IceWEB, Inc., founded in April 2000, enables government and organizations to independently manage, create, publish and deliver content easily and affordably using the Company's software and service products. Its suite of software products are scalable and can be implemented on any Website. IceWEB also provides consulting services and product support services on a project-by-project basis. The Company's software products and consulting services enable organizations to reduce time and effort by converging knowledge-based information with easy-to-manage Websites and e-learning portals. Its products and services are centered on knowledge-based support.

IceWEB CMS 2.4 is a complete content management software platform, complete with four management applications, more than nine modules and a series of complimentary services that allows users inside of any organization to manage, update, control and publish new content for Websites, at anytime, anyplace. The technology is based on open-source architecture and can run in any operating environment such as Linux or Microsoft NT.

LearningStream.com is the Company's online business education portal that offers online classes geared for mid-level managers to update their management and project skills. In addition, E-Course Engine Toolsuite is IceWEB's e-learning author and publishing tool. It allows the Company's internal software engineers, as well as outside customers, to develop Web-enabled learning content anytime, anywhere, with access to a Web browser. The engine has several parts built into it, such as online testing and certification, surveys and polling, video and audio dynamic synchronous interchange, 508 government compliance and availability in a managed or hosted environment.

Miracle 2.0 (formerly known as IceSHOW) is IceWEB's online synchronization/dynamic multimedia platform technology. It allows anyone in the world at anytime to logon to the Company's network and create, author and publish content. It includes online, secure, pay-per-view registration, hosting and delivery and synchronization of audio and video.

IceSLIDE is a downloadable software product aimed at the marketing and graphics community. The product converts Microsoft PowerPoint slides into Macromedia Flash files on the fly. The product eliminates hours of conversion in minutes by transforming large PowerPoint files into small, vector-based Flash files. The decrease in file size makes it easier to use over the Web.

IceWEB is developing a product offering, IceMAIL, which will provide a hosted groupware (e-mail, shared calendaring and contact management) solution to customers with no initial implementation costs and low-monthly subscription fees. This offering will provide users all of the advanced features of Microsoft's Exchange 2003 and Outlook 2003 via the Internet, and even to their wireless personal digital assistants (PDAs), for just pennies per day.

The Company is developing a network operations capability that will enable it to provide hosted content, network management, monitoring and problem resolution of computer and communications problems to remote customer networks. Customers no longer need to implement an expensive network operations center of their own and instead can leverage IceWEB's technical expertise and cost-effective managed/outsourced network and security operations center.

IceWEB provides engineering and technical support to both government and commercial organizations. These services include everything from security and network analysis to full network technology refreshment and deployment. Its engineers are trained and certified by companies in the industry, including Microsoft, Cisco Systems, Sun Microsystems, RSA Security and Sonicwall Incorporated. IceWEB provides its customers with the support and maintenance to ensure that a solution is deployed correctly and continues to operate efficiently into the future.

For the nine months ended 6/30/04, revenues totalled $4.8 million, up from $628 thousand. Net loss totalled $322 thousand, up from $100 thousand. Results reflect an increase in contract sales as well as successfully integrated acquisitions, partially offset by an increase in marketing and selling expenses and general and administrative expenses.

Income Statement Get Income Statement for:




View: Annual Data | Quarterly Data All numbers in thousands
PERIOD ENDING 30-Sep-03 30-Sep-02 31-Jan-02
Total Revenue 1,682 194 -
Cost of Revenue 1,264 64 259

Gross Profit 417 130 (259)

Operating Expenses
Research Development - - -
Selling General and Administrative 676 853 340
Non Recurring - - -
Others - - -

Total Operating Expenses - - -


Operating Income or Loss (258) (722) (598)

Income from Continuing Operations
Total Other Income/Expenses Net 183 (18) 4
Earnings Before Interest And Taxes (75) (741) (595)
Interest Expense 31 11 8
Income Before Tax (106) (752) (603)
Income Tax Expense - - -
Minority Interest - - -

Net Income From Continuing Ops (106) (752) (603)

Non-recurring Events
Discontinued Operations - - -
Extraordinary Items - - -
Effect Of Accounting Changes - - -
Other Items - - -


Net Income (106) (752) (603)
Preferred Stock And Other Adjustments - - -

Net Income Applicable To Common Shares ($106) ($752)

IceWEB, Inc. 10-for-1 Forward Stock Split Effective Date is Today, September 30, 2004
Thursday September 30, 1:16 pm ET

HERNDON, Va.--(BUSINESS WIRE)--Sept. 30, 2004--IceWEB Incorporated (OTC BB:ICEW - News) today announced that the company has declared a 10-for-1 forward stock split, to be distributed to all shareholders of record on September 30th, with an effective date of October 12th, 2004. All shareholders of record before the September 30th date will receive 10 shares of common stock in exchange for every 1 share of common stock.
To be added to our investor relations email list please go to: http://www.b2i.us/frame.asp?BzID=851&to=ea&Nav=0&S=0&L=1 or call Mr. Michael N. Cachine, Sr. at 703-964-8000 ext 126.

IceWEB Awarded Blanket Purchase Agreement by US Patent and Trademark Office
Thursday September 23, 12:45 pm ET
Revenue Limit is $25,000,000 over 3 years

HERNDON, Va.--(BUSINESS WIRE)--Sept. 23, 2004--IceWEB (OTCBB:ICEW - News) today announced it has been awarded a Blanket Purchase Agreement (BPA) by the United States Patent & Trademark Office (USPTO) to serve as a source for the acquisition of Information Technology Equipment, Software and Services. As a result of this award, the USPTO recently placed its first task order for information technology equipment that exceeds $120,000.
This USPTO BPA Order number DOC45PAPT0400057, expires on June 30th, 2006, with three additional one year options to renew. The authorized limit for purchasing through this BPA is $25 Million with a call not to exceed $5,000,000 on any one task order.

This BPA, awarded to only 16 firms nationwide, provides the USPTO and all other agencies it supports with the ability to purchase information technology products and services through the web. IceWEB was selected for this contract award based on stringent performance guidelines outlined by the USPTO, and the depth and quality of its product catalogue. An additional requirement for selection was IceWEB's ability for USPTO contracting personnel to purchase mission critical technology products online. This system was designed specifically with customers like the USPTO in mind, keeping the purchasing process simple, manageable and hassle-free.

G. Anthony Munno, Vice President for Sales & Marketing at IceWEB stated, "We are very excited to be one of the few companies selected to participate in this BPA. IceWEB has a history of providing outstanding products and services to our Federal customers, and being awarded this BPA is a reflection of our strong performance, management skills and commitment to customer satisfaction. We look forward to supporting the needs of the USPTO's technical infrastructure and anticipate working closely with their staff in the future."

IceWEB, Inc. Secures $500,000 Comerica Credit Facility
Tuesday August 31, 1:12 pm ET

RESTON & HERNDON, Va.--(BUSINESS WIRE)--Aug. 31, 2004--Comerica Bank (NYSE: CMA - News), a leading financial services company, and IceWEB, Inc. (OTB BB: ICEW), a diversified technology company, announced today that Comerica's Technology and Life Sciences Division has provided IceWEB with a $500,000 line of credit.
"We are pleased to provide this credit facility to IceWEB, a public company helping to meet the online training and communications needs of its clients, which range from small to mid-size companies to larger associations and Fortune 500 enterprises," said April Young, senior vice president and mid-Atlantic managing director of Comerica's Technology and Life Sciences Division.

IceWEB, Inc. provides integrated enterprise networking and security solutions, content delivery software and professional consulting services to both public and private enterprises worldwide.

"Comerica impressed us as a bank firmly committed to the technology sector," said Michael Cachine, Sr., chief operating officer, IceWEB Inc. "Comerica has the resources and service offerings to meet our working capital and other financial needs."

IceWEB, Inc. Reports Increased Revenue for 3rd Quarter
Friday August 20, 1:50 pm ET
Revenues Top $4,800,000 for Nine Month Period Ending June 30, 2004

HERNDON, Va.--(BUSINESS WIRE)--Aug. 20, 2004--IceWEB(TM), Inc. (OTC BB:ICEW - News), announced today that for the quarter ending June 30th, 2004, the company increased revenue to $1,699,783 up from $595,631 for the same period in the prior year. For the nine months ending June 30, 2004, revenues increased to $4,848,499 as compared to $628,496 for the comparative period in 2003. A net loss of $171,000 ($0.004 per share) for the period is attributed to increased spending in product research & development, one time acquisition expenses and internal expansion.
John R. Signorello, Chairman and CEO of IceWEB, Inc. stated, "This was our 7th consecutive quarter with increased revenue. I feel strongly we are going to make it eight in a row. The 3rd quarter was another amazing quarter as we made our largest acquisition to date, moved to a new headquarters in Herndon, VA and entered into a strategic banking relationship with Comerica Bank."

Michael N. Cachine, Sr., IceWEB COO said, "We continue to be very pleased with how the company is performing. This is our third consecutive million-dollar quarter and we realized over $540,000 in gross profit! The company continues to win significant new business and is growing rapidly across all segments."

Company Highlights:

Revenue up 185% over last year same period
Nine months revenue up 671% over same period
$546,192 gross profit for the quarter
Signed new contracts over $1,200,000
Signed Banking Agreement with Comerica Bank (NYSE:CMA - News).
Completed DevElements, Inc. acquisition
Moved to new Headquarters
To be added to our investor relations email list please go to: http://www.b2i.us/frame.asp?BzID=851&to=ea&Nav=0&S=0&L=1 or call Mr. Michael N. Cachine, Sr. at 703-964-8000 x126.

Key Statistics Get Key Statistics for:




Data provided by Reuters, except where noted.

VALUATION MEASURES

Market Cap (intraday): 26.58M
Enterprise Value (9-Oct-04)³: 23.46M
Trailing P/E (ttm, intraday): N/A
Forward P/E (fye 30-Sep-05)¹: N/A
PEG Ratio (5 yr expected)¹: N/A
Price/Sales (ttm): 4.00
Price/Book (mrq): 13.75
Enterprise Value/Revenue (ttm)³: 3.97
Enterprise Value/EBITDA (ttm)³: N/A


FINANCIAL HIGHLIGHTS

Fiscal Year
Fiscal Year Ends: 30-Sep
Most Recent Quarter (mrq): 30-Jun-04


Profitability
Profit Margin (ttm): -5.54%
Operating Margin (ttm): -8.51%


Management Effectiveness
Return on Assets (ttm): -18.97%
Return on Equity (ttm): -85.78%


Income Statement
Revenue (ttm): 5.90M
Revenue Per Share (ttm): 0.154
Revenue Growth (lfy)³: 765.90%
Gross Profit (ttm)²: 417.17K
EBITDA (ttm): -502.00K
Net Income Avl to Common (ttm): -327.00K
Diluted EPS (ttm): -0.008
Earnings Growth (lfy)³: N/A


Balance Sheet
Total Cash (mrq): 271.00K
Total Cash Per Share (mrq): 0.01
Total Debt (mrq)²: 150.00K
Total Debt/Equity (mrq): 0.091
Current Ratio (mrq): 0.776
Book Value Per Share (mrq): 0.04


Cash Flow Statement
From Operations (ttm)³: -101.58K
Free Cashflow (ttm)³: N/A

TRADING INFORMATION


Stock Price History
Beta: -0.134
52-Week Change: 48.65%
52-Week Change (relative to S&P500): 36.56%
52-Week High (19-Feb-04): 0.65
52-Week Low (15-Jan-04): 0.16
50-Day Moving Average: 0.41
200-Day Moving Average: 0.37


Share Statistics
Average Volume (3 month): 103,454
Average Volume (10 day): 152,000
Shares Outstanding: 42.86M
Float: 20.60M
% Held by Insiders: 51.94%
% Held by Institutions: 0.00%
Shares Short : N/A
Daily Volume : N/A
Short Ratio : N/A
Short % of Float : N/A
Shares Short (prior month): N/A


Dividends & Splits
Annual Dividend: N/A
Dividend Yield: 0.00%
Dividend Date: 1-Oct-04
Ex-Dividend Date: 13-Oct-04
Last Split Factor (new per old)²: 1:10
Last Split Date: 07-Jan-02

ICEW - ICEWEB INC (OTCBB)
Date Open High Low Last Change Volume % Change
10/08/04 0.5500 0.6200 0.5500 0.6200 +0.0700 392100 +12.73%

Composite Indicator
Trend Spotter TM Buy

Short Term Indicators
7 Day Average Directional Indicator Buy
10 - 8 Day Moving Average Hilo Channel Buy
20 Day Moving Average vs Price Buy
20 - 50 Day MACD Oscillator Buy
20 Day Bollinger Bands Buy

Short Term Indicators Average: 100% - Buy
20-Day Average Volume - 148700

Medium Term Indicators
40 Day Commodity Channel Index Buy
50 Day Moving Average vs Price Buy
20 - 100 Day MACD Oscillator Buy
50 Day Parabolic Time/Price Buy

Medium Term Indicators Average: 100% - Buy
50-Day Average Volume - 140474

Long Term Indicators
60 Day Commodity Channel Index Buy
100 Day Moving Average vs Price Buy
50 - 100 Day MACD Oscillator Buy

Long Term Indicators Average: 100% - Buy
100-Day Average Volume - 90178

Overall Average: 100% - Buy

Price Support Pivot Point Resistance

0.6200 0.5267 0.5967 0.6667

http://quote.barchart.com/texadv.asp?sym=ICEW
http://quote.barchart.com/texsnap.asp?sym=ICEW
http://stockcharts.com/def/servlet/SC.web?c=icew,uu[m,a]daclyyay[pb50!b20][vc60][iUb14!La12,26,9]&pref=G

RUFF!!!!!

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'wid ma mind on ma money an' ma money on ma MIND!!!!!!!

Do Da Due!!!

RUFF!!!

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'wid ma mind on ma money an' ma money on ma MIND!!!!!!!

Do Da Due!!!

RUFF!!!

Thanks for bringing this on forward Daradog!

pickmlow1
unregistered posted October 09, 2004 10:18
--------------------------------------------------------------------------------
Do you people really believe that if you bought your shares monday at .62 ,,say 1000 shares and when it splits tuesday and goes to say .062 that you would only still have 1000 shares at .062.That is ridiculous.In my 12 years of trading stocks,I have never seen that happen and it won't here.Your shares bought will convert over to the split adjusted price and and the shares will increase accordingly

quote:

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Originally posted by sync2112:
How does the 10-1 forward split factor into this. Anyone buying now does not get the extra shares that drop in on Tuesday so ? Looks like a neat company though with some momo coming into Fridays CC.

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quote:

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Originally posted by jokerwld33:
down .10 - is this due to the split tomorrow?

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Record

Business Editors/High-Tech Writers

HERNDON, Va.--(BUSINESS WIRE)--Oct. 12, 2004--IceWEB Incorporated
(OTC BB: ICEW) today announced that beginning tomorrow at the open of
the market, the ticker symbol will remain the same and that the stock
will begin trading at one-tenth of the share price of today's close.
Each shareholder will receive nine additional shares for every one
share owned.
For additional information please feel free to email
investor@iceweb.com.
To be added to our investor relations email list please go to: http://www.b2i.us/frame.asp?BzID=851&to=ea&Nav=0&S=0&L=1 or call Mr.
Michael N. Cachine, Sr. at 703-964-8000 ext 126.

About IceWEB, Inc.

IceWEB, Inc. provides integrated enterprise networking and
security solutions, content delivery software and professional
consulting services to both public and private enterprises. IceWEB's
products, including IceWEB CMS, IceWEB Studio, IceSHOW, Propster,
IceWEB Portal and Learningstream.com, allow users to independently
manage, create and deliver mission critical information and data
quickly and affordably. IceWEB's security and networking solutions,
combined with our professional consulting services, help our customers
maximize their IT infrastructure for tighter data management, stronger
system control and greater return on investment. For more information
on our products and services, call IceWEB at 703.964.8000 or visit www.iceweb.com. IceWEB(TM) products and services are available on GSA
Contract # GS-35F-5149H.

"Safe Harbor" statement under the Private Securities Litigation
Reform Act of 1995: Except for the historical information contained
herein, the matters discussed in this press release are
forward-looking statements that involve risks and uncertainties,
including but not limited to business conditions and the amount of
growth in the computer industry and general economy, competitive
factors, and other risks detailed from time to time in the Company's
SEC reports, including but not limited to its annual report on Form
10-K and its quarterly reports on Forms 10-Q. The Company does not
undertake any obligation to update forward-looking statements.
All trademarks and brand names are the property of their
respective companies.

--30--DES/ph*

CONTACT: IceWEB, Inc.
Michael N. Cachine, 703-964-8000 x126
investor@iceweb.com

KEYWORD: DISTRICT OF COLUMBIA VIRGINIA
INDUSTRY KEYWORD: ENTERTAINMENT NETWORKING AEROSPACE/DEFENSE
BANKING ADVERTISING/MARKETING
SOURCE: IceWEB, Inc.

Copyright Business Wire 2004




News

quote:

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Originally posted by jokerwld33:
now that the split is complete, any ideas on how this stock for future?

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2004-11-03 10:48:03

IceWEB wins $500,000 Contract Renewal; State-of-the-Art Solution Links 200 Government Facilities

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