ICG Commerce is Recognized for Ability to Deliver Measurable Results Across Entire Procurement Process
Procurement Services Provider Appears Among Supply Chain e-Business Top 100 For Second Consecutive Year
PHILADELPHIA - Thursday, August 29, 2002 - Supply Chain e-Business magazine, a leading industry periodical that
focuses on Web-based supply chain applications, announced last week that ICG Commerce has been named to the
publication's Top 100 solution provider list for the second consecutive year.
The Supply Chain eBusiness Top 100 was developed with assistance from more than 20 consultants, industry analysts
and users who have broad expertise in the solutions available. Those companies that offer rapid ROI, quick
implementation and have shown financial stability characterize this year's list of leading-edge supply chain vendors.
ICG Commerce has earned a reputation for its ability to deliver measurable procurement savings to customers through
a unique combination of Web-based technology and deep procurement expertise. The company's comprehensive suite
of solutions and services drive significant savings across the entire procurement process. ICG Commerce helps
customers identify savings through strategic sourcing, realize savings through implementation services and transaction
management, and drive continuous improvement by providing spend visibility, analysis and category expertise.
"We are very pleased to receive this recognition for the second year and believe it's a reflection of the success our
customers have achieved through our solutions and services," said Bill Toler, president of North American Operations
for ICG Commerce. "With a foundation of technology and procurement expertise, ICG Commerce has been able to
deliver significant, measurable value to more than 150 companies."
The Supply Chain eBusiness Top 100 names vendors that can directly address the many supply chain challenges facing
business users today and is presented as a tool to help them identify viable applications from among the hundreds of
solutions available. Factors considered in the evaluation included a proven record of driving bottom-line supply chain
performance; marketplace success measured by the number of implementations, revenue earned, number of
transactions, etc.; usability, ease of implementation and simplicity of integration; financial viability; and innovation and
functionality. For more about the Supply Chain eBusiness Top 100 please see the July/August 2002 issue of Supply
Chain eBusiness at http://www.supplychainebusiness.com/.
About ICG Commerce, Inc.
ICG Commerce (www.icgcommerce.com) is the leading Procurement Services Provider delivering total procurement
cost savings through an unmatched combination of deep expertise and hosted technology. ICG Commerce provides a
comprehensive range of solutions to help companies identify savings through sourcing, realize savings through
implementation and transaction management and drive continuous improvements through category management. ICG
Commerce Inc., a privately held company founded in 1992, is a member of Internet Capital Group's (Nasdaq: ICGE)
network of partner companies and was recently named one of UPSIDE Magazine's Hot 100 companies for 2002.
Contacts:
ICG Commerce
877-935-ICGC [4242]
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