QualxServ and ICG Commerce Named Finalists in Outsourcing Center's 2004 Outsourcing Excellence Awards
Procurement Outsourcing Engagement Recognized as One of the “Ultimate Models for Competitive Business Strategy"
PHILADELPHIA - Tuesday, March 30, 2004 - ICG Commerce, a leading procurement services provider, today announced
that due to the success of its three-year procurement BPO relationship with IT services specialist QualxServ, the two
companies have been named as finalists in the 2004 Outsourcing Excellence Awards. Established by the Outsourcing Center
in 1997 and sponsored this year by Everest Group, Forbes and Wharton Executive Education, the Outsourcing Excellence
award program seeks out, interviews, evaluates, and recognizes outstanding buyer and service provider outsourcing
relationships throughout the world.
The QualxServ/ICG Commerce relationship has been recognized as a finalist by a panel of independent judges that
include experts in a variety of outsourcing disciplines. "These partnerships clearly demonstrate the new ways in which
outsourcing relationships are transforming businesses and delivering value," said Debra Floyd, Program Director, in a
statement issued by the Outsourcing Center last month. "These finalists represent the ultimate models for competitive
business strategies."
The QualxServ/ICG Commerce outsourcing engagement focuses on QualxServ's largest and most strategic external
purchase as an organization: contract labor services. From sourcing to purchase-to-pay automation and ongoing
category management, the ICG Commerce team provides the full range of purchasing expertise, resources and
technology needed to strategically automate and manage all aspects of subcontract labor procurement on the company's
behalf. QualxServ has taken a "hands-on-approach" to strategically managing the relationship, setting up a governance
structure, defining targets and working with ICG Commerce to drive a process that ensures that goals and objectives
are realized within agreed-upon timeframes.
"Although our services are predominantly delivered by employees, we do complement our workforce with
subcontractors as engagements require, so the procurement of subcontract labor is something we take very seriously,"
said Bob Lerner, chief executive officer of QualxServ. "We decided to outsource this strategic function to ICG
Commerce because we knew they possessed both the category expertise and the technical know-how to help us find the
right group of vendor partners and make the financial aspects of working together as efficient as possible."
Since the relationship began in October 2000, the team has become an integral part of QualxServ's day-to-day
operations, residing on-site at the company's headquarters in Tewksbury, MA, and providing an important value add
that is central to the success of the business. Additional resources and new tools have been brought to bear over the past
three years as the company has grown and business needs have continued to expand.
"Delivering measurable results for our customers is our number one priority, and we are very pleased to see that the
Outsourcing Center has recognized the value being generated through the QualxServ/ICG Commerce outsourcing
partnership," said Edward H. West, chairman and chief executive officer of ICG Commerce. "The recognition is
indicative of the increasingly important role procurement outsourcing is playing within the overall business landscape
as companies look to find new avenues for driving efficiencies and reducing costs."
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About ICG Commerce, Inc.
ICG Commerce is a leading Procurement Services Provider exclusively focused on helping companies buy more
effectively and efficiently in order to reduce costs significantly and continuously. The company offers an unmatched
combination of process and category expertise and hosted technology to deliver Sourcing, Purchase-to-Pay Automation
and Procurement Outsourcing Services. 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 has been honored as one of Forbes' 'Best of the
Web: B2B', UPSIDE Magazine's 'Hot 100' and as an iSource 100 company.
About QualxServ
QualxServ specializes in providing, technology deployment and field maintenance service for leading technology
companies. QualxServ has over 1,500 technicians and 150 service locations throughout the United States. QualxServ's
service professionals have decades of experience and in-depth knowledge of the technologies that drive today's
business computing and communications. For more information, please visit http://www.qualxserv.com.
Contacts:
Genevieve Brill
ICG Commerce
215-649-1494
Brittany Morris
Ruder-Finn
312-329-3983
morrisb@ruderfinn.com
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