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Goodyear Retains ICG Commerce on Procurement Initiative

World’s Largest Tire Company Engages Procurement Services Provider To Drive Additional Cost Reductions In Support Of Commitment To Maintain Profitable Growth

PHILADELPHIA - Monday, January 30, 2006 - ICG Commerce, a leading procurement services provider,
today announced that it has been engaged by The Goodyear Tire & Rubber Company in a North 
American procurement initiative, launched to support the company's commitment to achieving 
cost reduction goals. As part of the engagement, ICG Commerce is partnering with the 
company's internal procurement organization to drive cost reductions that are expected to have a 
multi-million dollar impact on the company's bottom line.

Goodyear is focused on building momentum and maintaining profitable growth by driving 
improvements and efficiencies in key operational areas. The world's leading tire manufacturer 
identified indirect procurement as a major element of the company's current cost reduction effort. 
Following a highly competitive evaluation process, Goodyear selected ICG Commerce as the 
specialist to support this effort in North America based upon the procurement services provider's 
operational approach, customized and flexible solutions, and its expertise.

"The retention of ICG Commerce on our indirect procurement exemplifies our focus on driving a 
low cost structure, one of the seven key drivers contributing to our improved company 
performance," said Jonathan Rich, president of Goodyear's North American Tire business unit.

Goodyear's corporate sourcing team has already established significant savings opportunities 
through their ongoing strategic sourcing efforts. ICG Commerce's role is to ensure that the 
savings opportunities borne from these efforts are fully realized; to identify and implement 
additional savings opportunities in indirect buying categories; and to drive year-over-year cost 
improvements.

To achieve that objective, Goodyear will leverage ICG Commerce's procurement infrastructure 
consisting of category experts and process specialists, a best practice based Buying Center, and 
flexible tools and information to manage a broad spectrum of procurement processes including 
strategic sourcing, savings implementation, transaction processing, and ongoing category 
management. ICG Commerce will provide a suite of services to not only help drive aggressive 
cost reductions in North America but also support and accelerate the utilization of an established 
e-procurement system.

"The combined efforts of our two teams of professionals will bring our procurement capabilities 
to a new level of performance," said Gary Miller, Goodyear vice president and chief procurement 
officer. "Our company has made good strides in identifying opportunities for savings and putting 
a platform in place to enable improved focus and line-of-sight alignment as well as to drive 
compliance through effective purchasing. ICG Commerce provides the category, process and 
operational expertise we need to make sure the savings are realized and continuously improved 
upon and the platform is fully utilized."

The ICG Commerce team will work as an integrated element of the existing indirect procurement 
organization, serving Goodyear's North American Tire and Engineered Products plant facilities. 
The program will focus on buying categories that fall into groupings such as transportation and 
distribution, packaging, energy, MRO supplies, and marketing products and services.

"Goodyear understands that procurement is a high-impact initiative that can significantly enhance 
company performance as well as its bottom line," said Edward H. West, chairman and CEO of 
ICG Commerce. "Our agreement is testament to the commitment Goodyear has made to truly 
maximize the value of procurement to reap savings opportunities. ICG Commerce looks forward 
to working with Goodyear to achieve its objectives."

About Goodyear

Goodyear (NYSE: GT) is the world's largest tire company. The company manufactures tires, 
engineered rubber products and chemicals in more than 90 facilities in 28 countries. It has 
marketing operations in almost every country around the world. Goodyear employs more than 
70,000 people worldwide.

About ICG Commerce, Inc.
 
ICG Commerce is the leading procurement outsourcing specialist delivering comprehensive source-to-pay 
services. Results-driven leaders access ICG Commerce’s experienced resources and market intelligence to 
better manage procurement and logistics spend, gaining significant savings and enhanced visibility and control. 

ICG Commerce is a privately held company founded in 1992 and a member of Internet Capital Group's 
(Nasdaq: ICGE) network of partner companies.  The company has earned recognition from Forbes, Fortune, 
The International Association of Outsourcing Professionals (IAOP) and leading industry analysts for its 
leadership in procurement outsourcing. For more information: www.icgcommerce.com


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