IceWeb(TM) to Deliver Strategic Authentication for Federal Government.Announces New $240,000 Federal Contract HERNDON, Va. -- IceWEB, Inc., www.iceweb.com (OTC OTC See: Over-the-counter. OTC See over-the-counter market (OTC). BB:IWEB), announced today that it has been tasked by a US Government Agency to provide "two-factor authentication The use of two independent mechanisms for authentication; for example, requiring a smart card and a password. The combination is less likely to allow abuse than either component alone. See authentication. " for the agency's internal networks. The value of the contract award is $240,000. "Passwords are the weakest link in information security. Clients are aggravated by strong password A password that is hard to detect both by humans and by the computer. Two things make a password stronger: (1) a larger number of characters, and (2) mixing numeric digits, upper and lower case letters and special characters ($, #, etc.). See password. policies that force constant change and difficult passwords, but not having those policies is not an option. Two-factor authentication technology is a great solution. It has become clear that the standard user name/password combination is not sufficient for determining the identity of someone attempting to access private information," said James Bond, Chief Technology Officer for IceWEB, "For example, much like ATM teller machines use a combination of a plastic card (something you have) and a PIN number (something you know), tokens and smart cards Example of widely used contactless smart cards are Hong Kong's Octopus card, Paris' Calypso/Navigo card and Lisbon' LisboaViva card, which predate the ISO/IEC 14443 standard. The following tables list smart cards used for public transportation and other electronic purse applications. use two-factor identification to ensure security of network data. Strong authentication technology increases security by combining something the user knows (their username and PIN) with something they have (a token or a smart card). By requiring users to provide both the PIN and passcode, this authentication system The combination of authentication server and authenticator, which may be separate devices or both reside in the same unit such as an access point or network access server. The authentication server contains a database of user names, passwords and policies, and the authenticator physically helps to ensure data are only available to authorized users." John R. Signorello, Chairman and CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. of IceWEB commented, "These orders are further reinforcement that our strong focus on the Federal Marketplace can significantly accelerate our growth. This new order totaling $240,000 shows that the Government is working hard to ensure their compliance with Homeland Security Presidential Directive 12 (HSPD-12) to enhance overall information security - using IceWEB as a key partner to deliver those enhancements." To be added to IceWEB's investor relations Investor relations The process by which the corporation communicates with its investors. email list please click on the following link: http://www.iceweb.com/home_investrelations.asp or call Investor Relations at 703-964-8000 ext 0961. About IceWEB IceWEB, Inc., (OTC BB:IWEB), utilizes a hosted software services model that brings technologies normally reserved for large corporations to the small business customer. By subscribing to IceWEB's flagship products, IceMAIL and IcePORTAL small and medium sized businesses can now have the benefits of these more advanced software systems for a low 'pay as you grow' basis instead of being faced with large up-front capital expenses. IceWEB also provides network infrastructure solutions services to our enterprise and Government customers with a specific focus on network security. Founded in 2000, IceWEB is headquartered in Herndon, VA, and serves customers in the public and private sectors. For more information, please visit http://www.IceWEB.com or http://www.IceMAIL.com. "Safe Harbor Safe Harbor 1. A legal provision to reduce or eliminate liability as long as good faith is demonstrated. 2. A form of shark repellent implemented by a target company acquiring a business that is so poorly regulated that the target itself is less attractive. " statement under the Private Securities Litigation Reform Act The Private Securities Litigation Reform Act of 1995 (PSLRA) implemented several significant substantive changes affecting certain cases brought under the federal securities laws, including changes related to pleading, discovery, liability, class representation and awards fees and 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 Form 10-K A report required by the SEC from exchange-listed companies that provides for annual disclosure of certain financial information. Form 10-K See 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. |
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