ICG Commerce Enters Into Strategic Procurement Initiative with Cooper Cameron Corporation

Demonstrated Ability to Deliver Measurable Savings and Process Improvements Helps Comprehensive Procurement Services Provider Add Another Industry Leader to Customer Base

PHILADELPHIA - Monday, November 22, 2004 - ICG Commerce, a leading procurement services provider, today 
announced that it has been engaged to provide procurement process management services and technology to Cooper 
Cameron Corporation (NYSE: CAM), a multi-billion dollar producer of oil and gas pressure control equipment. 

ICG Commerce will provide Cooper Cameron with comprehensive procurement services including strategic sourcing, 
savings implementation, purchase-to-pay processing and ongoing category management, across seventeen purchasing 
categories. Cooper Cameron will leverage ICG Commerce's integrated procurement infrastructure, which includes deep 
category sourcing experts; a best-practice-based Buying Center; and RealExchangeSM, a comprehensive technology 
platform for the purchasing of both goods and services. RealExchange will be integrated with Cooper Cameron's SAP 
system to help streamline the company's global procurement process, drive savings realization and provide better 
visibility of indirect expenditures. The initiative will involve all of Cooper Cameron's headquarters and divisional 
operations as well as the company's primary manufacturing locations in the United States, Canada and Europe.

"As part of our company-wide focus on process management, which includes constant improvement in sourcing and 
manufacturing efficiency, we identified indirect procurement as a key opportunity area for cost reductions and process 
improvements," said Hunter Jones, Vice President Supply Chain Management and Six Sigma of Cooper Cameron. 
"Given the significant demands already placed on our existing procurement organization, we sought a partner to help us 
tackle this opportunity area and accelerate results. After examining a number of different players in the procurement 
arena, it became clear that ICG Commerce provides the greatest breadth of services and expertise to deliver against our 
savings target and drive continuous improvements over time."

ICG Commerce is considered to be at the forefront of procurement service providers, helping companies realize 
procurement cost savings by going beyond strategic sourcing to deliver the implementation assistance needed to ensure 
savings hit the bottom-line. This support entails successfully enabling efficient buyer and supplier relationships by 
aligning and automating processes, training both parties on the appropriate operating procedures and executing an 
effective communication and change management program. To ensure these results are sustained and improved upon 
over time, the company also provides category management support that includes ongoing compliance measurement, 
supplier performance management and savings identification and execution. 

According to Aberdeen Group's vice president of Supply Chain Research Tim Minahan, "One of the major shifts we've 
seen in supply management has been the shift from savings identification to savings realization. To ensure savings 
capture, enterprises must have codified procedures and systems to communicate negotiated terms to all relevant 
stakeholders and to ensure optimal usage and compliance with supply agreements over time."

"Cooper Cameron recognizes the importance of driving cost improvements directly to the bottom-line," said Edward H. 
West, chairman and CEO of ICG Commerce. "We look forward to partnering with Cooper Cameron's team to help the 
company achieve its procurement process improvement and cost savings objectives while maintaining focus on its core 
competencies."

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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 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 Cooper Cameron Corporation
Cooper Cameron Corporation (NYSE: CAM) is a leading international manufacturer of oil and gas pressure control 
equipment, including valves, wellheads, controls, chokes, blowout preventers and assembled systems for oil and gas 
drilling, production and transmission used in onshore, offshore and subsea applications, and provides oil and gas 
separation equipment. Cooper Cameron is also a leading manufacturer of centrifugal air compressors, integral and 
separable gas compressors and turbochargers. 

Contacts:
Kristen Knouft
ICG Commerce
484-690-5000
kknouft@icgcommerce.com


Brittany Morris
Ruder-Finn
312-329-3983
morrisb@ruderfinn.com