Focus on Delivering Bottom-Line Savings Drives 1100% Growth for ICG Commerce in 2001

Leading Procurement Services Provider Adds 12 New Customers and Expands Relationship with 12 Existing Customers in Q4 Alone. Surpasses 530,000 RealExchange(SM) Transactions

PHILADELPHIA - Tuesday, January 29, 2002 - ICG Commerce, a leading Procurement Services Provider, announced 
today that it achieved 1100% revenue growth in 2001 over 2000. In the quarter ended December 31, 2001, ICG Commerce 
continued its strong growth track by adding 12 new companies to its expanding customer base of 155, including The BOC 
Group, Komatsu, Novartis International AG, Rinker Materials and Triumph Group, Inc. In addition, ICG Commerce expanded 
contracts with 12 of its existing customers, including Johns Manville and Quebecor World Inc. 

"We are absolutely focused on delivering measurable, hard-dollar cost savings to our customers," said Fred Festa, 
president and chief executive officer for ICG Commerce. "In a challenging economic environment, companies are 
shaving costs wherever possible. Because the procurement of indirect and direct materials represents a large percentage 
of expenses at any organization, streamlining that effort can net enormous bottom-line savings. 

"Strategic sourcing, supplier content and connectivity are key ingredients for real procurement savings, and ICG 
Commerce specializes in delivering these to companies quickly," Festa continued. "That, along with a proven record of 
savings, is what has driven growth to date and why we will continue to be successful in the future." 

Quarterly Highlights 

1100% revenue growth in 2001 over 2000. 
Addition of 12 new customers in fourth quarter, bringing total customer count to 155 companies. 
Of the 16 enterprises featured in Aberdeen Group's recently published "Best Practices in e-Procurement" report, ICG 
Commerce provided procurement services to 25% of them, including AMETEK Inc., Georgia-Pacific and Sun 
Microsystems. 
To date, ICG Commerce customers have processed more than 530,000 purchase transactions through 
RealExchangeSM. ICG Commerce customers achieve hard- dollar savings through the end-to-end exchange by 
accessing pre-sourced suppliers and pre-built catalog content. ICG Commerce aggregated the purchasing demand of its 
entire customer base and negotiated optimal pricing and service with best-in-class suppliers. 
ICG Commerce expanded its Enabled Sourcing offering to include a fully hosted eSourcing tool called RealSourceSM 
that accelerates the sourcing of direct and strategic goods and services. In 2001, ICG Commerce customers leveraged 
the company's eSourcing tools and strategic sourcing services to achieve an average unit cost savings of 22%. 

About ICG Commerce, Inc. 
ICG Commerce (www.icgcommerce.com) is the leading Procurement Service Provider for Global 2000 companies. 
Leveraging its wealth of purchasing and sourcing expertise and flexible technology, ICG Commerce delivers tailored 
services for theprocurement of direct and indirect goods. The company is uniquely positioned to deliver substantial 
hard-dollar procurement savings. ICG Commerce Inc., a privately held company founded in 1992, is a member of 
Internet Capital Group's (Nasdaq: ICGE) network of partner companies.