ICG Commerce Delivers Strong Results in First Half of 2001

Comprehensive Procurement Services Deliver Significant Hard Dollar Savings to Companies Seeking Total Cost Reductions

PHILADELPHIA - Wednesday, July 25, 2001 - ICG Commerce, a leading procurement services provider, announced 
today, on the one-year anniversary of its proprietary RealExchangeSM, that it has processed more than 300,000 
transactions for companies around the world, making it one of the most robust online exchanges in the industry. In 
the first six months of 2001, ICG Commerce also continued its impressive growth by adding 35 new companies to its 
rapidly growing customer base including Nordstrom, REI, Sara Lee Europe, and Transora. 

Companies across many industries have accessed ICG Commerce's aggregated supplier deals through the 
RealExchange and achieved an average of 5 to 15 percent unit cost savings on goods and services. Customers are 
selecting ICG Commerce because of its unique ability to drive rapid hard dollar savings in both indirect and direct 
categories through a comprehensive suite of procurement services. 

"We spent a considerable amount of time talking to all the major procurement providers," said Steve Kesinger, vice 
president of Procurement, Nordstrom. "The ICG Commerce model really appealed to Nordstrom because it presented a 
complete solution to achieve tangible, total cost savings." 

"As a leading procurement service provider, we can go beyond point solutions that only address a portion of a 
company's procurement savings opportunities," said Fred Festa, president and CEO of ICG Commerce. "ICG 
Commerce continues to deliver its growing customer base the highest level of service excellence and unmatched 
sourcing and procurement expertise required to achieve total cost savings." 

ICG Commerce's unique online purchasing exchange - RealExchange - was introduced to companies last year as a 
service for purchasing indirect goods and services more efficiently and at lower costs. ICG Commerce built the 
RealExchange with a focus on sourcing, content management, transaction processing and rapid implementation. 
Through the use of strategic sourcing efforts, including demand aggregation, ICG Commerce has combined the 
purchasing volume of some of the world's largest companies to negotiate optimal unit cost pricing for all of its 
customers. ICG Commerce customers have immediate access to catalogs containing millions of SKU's for most 
indirect categories. In addition, the RealExchange streamlines the entire purchasing process from requisition to 
payment processing. To drive RealExchange usage and ensure customers are capturing full savings potential, ICG 
Commerce deploys dedicated account teams and a proven change management program. 

"Too many companies are offering empty technology, that only automates a small portion of procurement for minimal 
transaction savings," said Bill Toler, President of the Exchange and Services Division for ICG Commerce. "With 
services like the RealExchange, our customers continue to realize total cost savings through a total solution in months, 
not years." 

ICG Commerce also provides strategic sourcing services to significantly lower direct material costs. Sourcing experts 
enabled by powerful eSourcing tools including online auctions have delivered average savings of 22 percent. Once 
sourced, direct materials can be purchased through a RealExchange custom catalog for further transaction cost 
reductions. Providing a variety of procurement services for both indirect and direct materials has been the catalyst to 
ICG Commerce's growth and will continue to be the company's focus as they add more value-added services in the 
remainder of 2001. 

About ICG Commerce:
ICG Commerce is the leading procurement services provider for Global 2000 companies. Leveraging its wealth of 
supply chain management, purchasing and strategic sourcing expertise across multiple industry groups, ICG Commerce 
delivers comprehensive, tailored services for indirect, direct and total procurement management. The company is 
uniquely positioned to help companies streamline all of their procurement decisions and processes and to effect 
substantial savings and efficiencies on unit, transaction and operational costs. ICG Commerce services include 
Managed e-Procurement Services (Exchange, Spot Buys, Custom Catalogs), Strategic Services (Online Auctions, 
Sourcing Services, Accelerated Category Sourcing), and Procurement Outsourcing Services. ICG Commerce is based 
in Jenkintown, PA. Its home page address is www.icgcommerce.com. 

*** Important Notice related to ICG Commerce ***
ICG Commerce is not in any way associated with ICG Communications. Further, while Internet Capital Group 
(NASDAQ: ICGE) is a holder of ICG Commerce stock and ICG Commerce is a member of the Internet Capital Group 
partner network, ICG Commerce and Internet Capital Group (ICG) are separate and distinct operating companies. 


ICG Commerce
877-935-ICGC [4242] 


Adam Paige
Cohn & Wolfe NY
212-798-9833
adam_paige@cohnwolfe.com