IOCircuit Reports IceWEB Announces 300% Increase in Revenue -- Revenues Exceed Over $6.5 Million in 2004

Market Wire, October, 2004

IceWEB, Inc. (OTC: ICEW), a leading provider of integrated enterprise networking and security solutions, content delivery software and professional consulting services, will conduct a conference call with analysts and investors to provide earnings guidance for the fourth quarter and for the fiscal year ending 2004 on Friday, October 15th, 2004 at 10:00am EST. The conference call will be conducted by John R. Signorello, Chairman and Chief Executive Officer, and Michael N. Cachine, Chief Operating Officer and will highlight IceWEB's substantial growth in 2004.

Details are as follows:

Questions:     To submit questions in advance for this call, please contact
               Susan MacDonald, at smacdonald@iceweb.com or call 703-964-8000 x149.
               To add this event to your Outlook Calendar, click here:
               http://www.b2i.us/Profiles/investor/SetReminder.asp?M=wc&ID=54.

Earnings Call: To listen to the call, please dial 877-211-7911 (North
               American Callers) or 416-405-9310 (International Callers).

Webcast:       To listen to a webcast of the call or view financial or other
               statistical information required by SEC Regulation G, please visit
               http://www.b2i.us/external.asp?b=851&id=54&from=wc&L=e This webcast will be
               recorded and available through December 31st, 2004.

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.

Other active stocks are Alamosa Holdings Inc (NASDAQ: APCS), IPIX Corporation (NASDAQ: IPIX) and StemCells Inc (NASDAQ: STEM).

Information, opinions and analysis contained herein are based on sources believed to be reliable, but no representation, expressed or implied, is made as to its accuracy, completeness or correctness. The opinions contained herein reflect our current judgment and are subject to change without notice. The IOCircuit accepts no liability for any losses arising from an investor's reliance on or use of this report. This report is for information purposes only, and is neither a solicitation to buy nor an offer to sell securities. IceWEB, Inc. paid the IOCircuit $495.00 for the publication and circulation of this report. Certain information included herein is forward-looking within the meaning of the Private Securities Litigation Reform Act of 1995, including, but not limited to, statements concerning manufacturing, marketing, growth, and expansion. Such forward-looking information involves important risks and uncertainties that could affect actual results and cause them to differ materially from expectations expressed herein. The IOCircuit has no ownership of equity and no representation of accuracy in the above company and our reports are designed to communicate company announcements through our Press Release Service.

Contact: C.P. Barry Company: www.IOCircuit.com Phone: 1.888.478.7669 / 570.443.0539