Nicholas Carosi III, Board’s Director, IceWEB

IceWEB, Inc. announced the appointment of Nicholas Carosi III to the Board of Directors.

Carosi is currently the president and CEO of Arban & Carosi, Inc., one of the largest manufacturers of architectural precast concrete serving the Mid-Atlantic area. He is also chairman-elect of the Board of Directors for Inova Health System, which he has been associated with for over 20 years.

He began his career with Arban & Carosi Inc. in 1969, and was instrumental in overseeing its growth to become a preeminent manufacturer of architectural precast concrete in North America. He Carosi also served as Board Member and president of the Prince William County Chamber of Commerce, on the Advisory Board of Sovran Bank, was a member of the Board of Piedmont Federal Savings and Loan, and also served on the Board of Potomac Hospital. As a Board Member of INOVA Health System, he has served chairman of the Finance Committee, chairman of the Governance Committee, and chairman of the Investment Committee. He is currently the vice chair of the Board. He is also currently on the Board of Marymount University of Arlington, Virginia, and Bellarmine University of Louisville, Kentucky, his alma mater.

"Mr. Carosi is a pillar of success in the Washington, D.C. area. We are privileged to have Mr. Carosi as a board member and a substantial shareholder," stated John R. Signorello, chairman and CEO of IceWEB. "As the newest addition to our Board of Directors, we look forward to him playing a proactive role in our future growth strategy."

"IceWEB has extraordinary potential," said Carosi. "I’m looking forward to working with the IceWEB management team and the Board to help ensure the Company is well positioned to optimize the explosive growth in the cloud storage space."