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| [November 06, 2009] |
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IceWEB Acquires Strategic Interest in Social Sourcing Company VOIS.com
BOCA RATON, Fla. --(Business Wire)--
VOIS, Inc., http://www.vois.com (pronounced "Voice") (OTCBB:VOIS) (OTCBB:VOISW) today announced IceWEB (News - Alert), Inc.™, www.IceWEB.com, a leading provider of purpose built appliances and building blocks for cloud storage networks, has acquired a strategic interest in VOIS, Inc. In exchange for a strategic interest in the publicly traded stock of VOIS, VOIS will receive cash, and access to distribute IceMAIL, IcePORTAL and IceSECURE to their existing and prospective new user base, and IceWEB's cloud storage network.
"This agreement provides significant benefit for both companies," said Mark B. Lucky, CFO for IceWEB, who has taken a Board position on VOIS and will chair the Audit Committee. It will allow VOIS.COM to leverage and benefit from the sizeable investment IceWEB has made over the years in their SaaS (News - Alert) and Cloud Computing infrastructure. A Cloud Storage environment could be used to deploy an incubator area for the Open Source community on which developers can build and test the next generation of cloud computing applications and infrastructure tools."
"A VOIS.com and IceWEB collaboration represents a progression for VOIS to evolve from social networking, to social sourcing, to business-to-business adoption of Web 2.0 techniques," said Craig Agranoff, Site Manager for VOIS. "We're excited about the prospect of broadening our horizons and reaching out to the software development and cloud computing ecosphere. Since our inception we have focused on bringing those who provide products and services together with those who require them. This just makes sense."
Gary Dunham, IceWEB's SVP of Product Development & Engineering said, "The underlying infrastructure of VOIS.com's social sourcing network which presently serves over 115,000 members, is one that can be leveraged, with minimal redesign or investment to become a central focal point for the sourcing and provisioning of Cloud Computing services and on-demand marketplace. Not only can VOIS.com become a marketplace for Cloud Computing services, it can also represent a broad and diverse talent pool of visionary technical people worldwide who can provide services such as software and API development and integration, Project Planning and deployment services, security analysis and evaluation, custom programming, open-source code modifications and much more. By providing compute resources to the development community which created much of the foundation of the �cloud' as we know it today, products like XEN, OpenFiler, Eucalyptus, Nexenta, Red Hat (News - Alert), Nimbus and others, we can help foster, enrich and accelerate the development and adoption of this important new computing paradigm shift."
About VOIS, Inc.
VOIS.com (pronounced "Voice") is a social commerce website that combines the power of social networking with an online marketplace for professional freelance and on-demand services. At VOIS, individuals and businesses have the tools to either Post Work, Find Work or Network as well as staff projects. VOIS's social sourcing model connects a global network of talent, allowing individuals and businesses around the world to find and manage work cost-effectively. VOIS is publicly traded under the symbols VOIS, VOISW. -- www.vois.com
Safe Harbor Act Disclaimer: This release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Act of 1934 that are based upon current expectations or beliefs, as well as a number of assumptions about future events. In addition, other factors that could cause actual results to differ materially are discussed in the Company's most recent Form 10-QSB and Form 10-KSB filings with the Securities and Exchange Commission.
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