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IceWEB CEO John Signorello, 45, Passed Away

From genetic heart condition

IceWEB, Inc. is deeply saddened to announce that John R. Signorello, IceWEB chairman and CEO, passed away on May 25, 2012 from a genetic heart condition in his Northern Virginia home. He was 45.

Our hearts go out to his wife, his children and his family during this tragic time.

John's passion and energy left an indelible mark on IceWEB, the Northern Virginia community and the entire technology industry. IceWEB's board of directors, executive management team and employees are strongly committed to carry out John's vision of continued success for the company, and to fully embrace John's energy, enthusiasm and dedication.

Signorello has served as chairman of the board and CEO since March 2000. From 1991 until September 1997, heserved as the CEO of STMS - Solutions That Make Sense - a private technology company he founded that specialized in computer networks, systems integration and information technology.

In 1996, STMS was ranked the 17th fastest growing technology company in America by The National Technology Council The Fast Five Hundred. In September 1997, the company was acquired by Steelcloud, and Signorello remained as VP of Sales and Marketing until November 1998.

From 1998 through 2000, Signorello served as a director for a publicly traded Internet Venture Fund.

He was an accomplished musician, and served as a principal in New York City Lights Entertainment.

He received a B.B.A. in Marketing from Radford University in 1989.

To maintain continuous operations, the board named iceweb_compton Harold Compton as IceWEB's chairman of the board and interim CEO. He has served as the lead director on IceWEB's board since 2005. He has more than 30 years of executive management experience, including former CEO of CompUSA, president and COO of Central Electric Inc., executive VP Operations and Human Resources, and Director of Stores for HomeBase (1989 to 1993), SVP Operations and director of Stores for Roses Discount Department Stores (1986 to 1989), and several other notable positions.

The board has also named Mark Lucky as interim COO of IceWEB Storage Corporation, effective immediately. He has served as IceWEB's CFO for more than six years.

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