IceWEB Launches the IceWEB Advantage Finance Program

IceWEB, Inc. , a leading provider of
Unified Data Storage and building blocks for cloud storage networks,
announced today the launch of the IceWEB Advantage Finance/Lending
program. The IceWEB Advantage Program was custom designed for IceWEB
Channel Partners that require fast and flexible funding to win deals.
The program gives IceWEB and its partners the ability to bundle multiple
items into a single financing package as if they are sold as one order,
as long as the order includes IceWEB products.

Program Details include:

— Unlimited order size
— Single Source Bundled financing – Channel Partner can fund entire order as long as it includes IceWEB products
— Short and long-term lease/buyout/technical refresh options (same day approval on all leases under $100k)
— Government funding for GSA contract awards and contract task orders
— 90 day flooring policy – same as cash
— Guaranteed same day purchase order financing – proof of customer P.O. is all that is required
— Guaranteed same day accounts receivable financing – proof of customer P.O. and valid invoice is all that is required
— Online Channel Banking – available in 45 days through IceWEB Partner Portal

"Easy and accessible funding is the biggest challenge facing the
channel today. More often than not it takes creative financial
engineering to get a deal shipped and invoiced. Since bank lines are for
the most part nonexistent, access to quick and affordable financing is
key. Our goal is to make it easy and effortless for IceWEB Channel
Partners to do business," stated Mark B. Lucky, IceWEB CFO. "YES WE CAN
provide our partners with the financing they need at the time they need


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