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IceWEB(tm) and Training on Video Enter Revenue Sharing Agreement
IceWEB will integrate Training on Video's(tm) Unix and Telecommunications classes on Learningstream.com(tm)
Herndon, VA March 26, 2003 IceWEB Inc. (OTC BB: ICEW), today announced that it has entered into a revenue sharing agreement with Training on Video(tm) of Chico, California to deploy a customized set of Unix and Telecommunications classes online. The classes will be offered on IceWEB's Learningstream.com's(tm) online education portal. The classes will be offered on a one time or group license arrangement. The price range of the classes will vary from $99 for a one-time class to $14995 for a complete license on a monthly basis. A total of 12 classes will be offered ranging from Introduction to Unix to Broadband Digital Transmission. The revenue agreement calls for a 50/50 split on gross sales and will be marketed electronically through Overture(tm), Google(tm) and Esite Blast(tm). IceWEB will utilize its proprietary Learningstream(tm) application platform to author and publish the Video classes online.
Rae Jean Reck, President of Training on Video(tm) states, "Being able to offer our Unix and Telecommunications classes online opens our market to virtually anyone with a web browser. We have been in the process of evaluating companies to partner with to deploy our content online. IceWEB's Learningstream(tm) platform has the e-commerce and testing functionality we were looking for. We wanted a canned cradle-to-grave solution, and Learningstream(tm) had it all right out of the box."
IceSHOW(tm) and Learningstream(tm) technology, which includes extensive online-testing features, enables students to both take courses and receive certification online... all without ever having to travel to a training center or wait for a class to be scheduled. The online courseware and certification programs will be available in Late April 2003 from www.learningstream.com, IceWEB's wholly owned educational portal facility.
John R. Signorello, Chairman and CEO of IceWEB, Inc. said, "Training on Video(tm) classes will broaden our online technical content. Having Unix and Telecommunications content on the site will enable us to expand our licensing agreements with our corporate and government customers. Interactive, online learning is fast becoming the best possible way to train people quickly and effectively. Our Learningstream.com education portal is the ultimate website for online training."
About IceWEB(tm)
IceWEB's Learningstream(tm) Platform transforms any video class into an online interactive e-learning experience. All that is required is a standard web browser.
All IceWEB products and services enable customers to use the Web to reduce travel expenses, increase revenues and compliance, and extend their worldwide reach. For more information, call IceWEB at 703-964-0150 or visit www.iceweb.com.
About Training on Video(tm)
Training on Video was founded in 1985 with an initial course on C Programming. Today, the www.trainingonvideo.com website contains a large amount of information in a vast array of technical fields and is used by thousands of people every month.
"Safe Harbor" statement under the Private Securities Litigation Reform Act 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 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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Contact Info:
Mr. John R. Signorello
IceWEB, Inc.
703.964.0150 ext. 101
info@iceweb.com
Ms. Rae Jean Reck
Training on Video
530.893-9376
web@trainonvideo.com
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