ICG Commerce Named to Forbes Magazine's "Best of the Web: B2B" List

Leading Procurement Services Provider Recognized in New Procurement Category

PHILADELPHIA - Monday, September 30, 2002 - Forbes magazine, a leading business periodical, today announced that 
ICG Commerce, a leading Procurement Services Provider, has been named to the magazine's prestigious "Best of The Web: 
B2B" list. 

In the October 7 issue of Forbes ASAP, the publication's staff of senior writers and editors recognized elite B2B 
companies as leaders in their respective categories after evaluating hundreds of companies. Companies were judged in 
the following four areas: strategy, execution, financial staying power and use of the Web. ICG Commerce was selected 
as one of the top four companies in the highly competitive procurement category.

For the first time in the three-year history of the special issue, procurement appears as a category, providing further 
testament to its emergence as a strategic priority within corporations worldwide. The Forbes editors noted the 
tremendous impact companies like ICG Commerce are making in helping their customers drive significant cost 
reductions. 

By helping customers achieve clear and demonstrable value that typically translates into millions of dollars saved, ICG 
Commerce is indeed one of the key players driving significant procurement cost reductions for some of the world's 
largest companies. ICG Commerce provides customers with a unique combination of expertise and technology to help 
identify savings through sourcing solutions, realize savings through implementation and transaction management 
solutions, and drive continuous improvement through category management. The company currently works with 
leading companies such as Accenture, Crown Cork & Seal, Delta Air Lines, Nordstrom and Novartis Pharma AG.

"We are pleased to be recognized by Forbes as a leader in providing procurement solutions," said Bill Toler, president 
of North American operations at ICG Commerce. "As a leading Procurement Services Provider, we measure our 
success by the significant bottom-line value our customers achieve through our unique solutions." 

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 as well 
as a Supply Chain e-Business Top 100 solution provider.

Contacts:

ICG Commerce
877-935-ICGC [4242]