UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, DC 20549
FORM 8-K
CURRENT REPORT
PURSUANT TO SECTION 13 OR 15(D) OF THE SECURITIES EXCHANGE ACT OF 1934
Date of Report (Date of earliest event reported) May 2, 2012
ICEWEB, INC.
(Exact name of registrant as specified in its charter)
| Delaware | 0-27865 | 13-2640971 | ||
| (State or other jurisdiction | (Commission | (IRS Employer | ||
| of incorporation) | File Number) | Identification No.) | ||
| 22900 Shaw Road, Suite 111, Sterling, Virginia | 20170 | |||
| (Address of principal executive offices) | (Zip Code) | |||
Registrant's telephone number, including area code 571-287-2380
(Former name or former address, if changed since last report)
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):
o Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
o Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
o Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
o Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
ITEM 5.02 DEPARTURE OF DIRECTORS OR PRINCIPAL OFFICERS; ELECTION OF DIRECTORS; APPOINTMENT OF PRINCIPAL OFFICERS.
On May 2, 2012 IceWEB, Inc.'s Board of Directors appointed Nicholas Carosi III to the Company’s Board of Directors.
Biographical information for Mr. Carosi follows:
Nicholas Carosi III has served as President and CEO of Arban & Carosi Inc., one of the largest manufacturers of architectural precast concrete serving the Mid-Atlantic area, since 1990. He currently serves as a Board Member of INOVA Health Systems, with which he has been associated for over 20 years. He began his career with the Arban & Carosi Inc. in 1969, and was instrumental in overseeing its growth into the preeminent manufacturers of architectural precast concrete in North America . Mr. Carosi is a former Board Member, and President of the Prince William County Chamber of Commerce, has served 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. During that time he has served as a Board Member, Chairman of the Finance Committee, Chairman of the Governance Committee, Chairman of the Investment Committee, and 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.
In addition, Mr. Carosi was instrumental in bringing what is now known as the Potomac Nationals to Prince William County, Virginia, having served as their Treasurer for four years. He is also a former partner of TSI Windows of Maryland.
On May 2, 2012 IceWEB, Inc. issued a press release announcing the appointment of Mr. Carosi to its Board of Directors. A copy of the press release, which is incorporated herein by reference, is attached to this Current Report on Form 8-K as Exhibit 99.1.
ITEM 9.01 FINANCIAL STATEMENTS AND EXHIBITS.
(c) Exhibits.
99.1 Press release dated May 2, 2012 regarding appointment of Mr. Nicholas Carosi III to the Board of Directors
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
| ICEWEB, INC. | |||
| Date: May 9, 2012 | By: | /s/ John R. Signorello | |
| John R. Signorello, | |||
| Chief Executive Officer | |||
Exhibit 99.1
IceWEB(TM) Appoints Nicholas Carosi III to Board of
STERLING, VA--(Marketwire -05/02/12)- IceWEB, Inc.™ (IWEB.OB - News), www.IceWEB.com, a leading provider of Unified Data Storage appliances for cloud and virtual environments, announced today the appointment of Nicholas Carosi III to the Company's Board of Directors.
Mr. 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. Mr. Carosi 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. Mr. 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 Chief Executive Officer 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 Mr. 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."
About
IceWEB, Inc.
Headquartered just outside of Washington, D.C., IceWEB manufactures award-winning, high performance unified data storage products
with enterprise storage management capabilities at a fraction of the price of traditional providers. Through thin provisioning,
target deduplication and inline compression, IceWEB's unified storage arrays enable standardization, consolidation and optimized
storage utilization for virtual and cloud environments, saving up to 90% of storage costs, while reducing space, power and cooling
requirements and simplifying storage management. For more information please call 800-465-4637 or
visit www.iceweb.com.
This press release may contain forward-looking statements, which are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. In some cases you can identify those so-called "forward looking statements" by words such as "may," "will," "should," "expects," "plans," "targets," "believes," "anticipates," "estimates," "predicts," "potential," or "continue" or the negative of those words and other comparable words. These forward looking statements are subject to risks and uncertainties, product tests, commercialization risks, availability of financing and results of financing efforts that could cause actual results to differ materially from historical results or those anticipated. Further information regarding these and other risks is described from time to time in the Company's filings with the SEC, which are available on its website at: http://www.sec.gov. We assume no obligation to update or alter our forward-looking statements made in this release or in any periodic report filed by us under the Securities Exchange Act of 1934, as amended, or any other document, whether as a result of new information, future events or otherwise, except as otherwise required by applicable federal securities laws.
Contact:
IceWEB, Inc.
Investor Relations
571.287.2400
investor@iceweb.com
or
Stephen D. Axelrod, CFA
212.370.4500
steve@wolfeaxelrod.com
Wolfe Axelrod Weinberger Associates, LLC.