ICG Commerce Announces Procurement Services Program for Global Crossing

Initiative to Drive Savings Throughout North America, Latin America and Europe

PHILADELPHIA - Monday, October 16, 2006 - ICG Commerce, a leading procurement services provider, 
today announced a strategic engagement to provide procurement services to leading global 
telecommunications solutions provider Global Crossing (Nasdaq: GLBC).  

Global Crossing has continued to achieve key milestones in its business transformation through 
careful financial management, including a company-wide focus on achieving sustainable cost 
reductions and process improvements. The company recognized the opportunity to improve 
financial performance by expanding its procurement efforts and capabilities.  In support of this 
effort, ICG Commerce was engaged to provide strategic sourcing and implementation services for 
key global product and service categories. Global Crossing will leverage ICG Commerce’s 
dedicated category and process specialists to help maximize procurement cost savings for 
operations in North America, Latin America and Europe.  
  
"By harnessing ICG Commerce’s resources and experience, Global Crossing will be positioned to 
address procurement in an accelerated timeframe,” said David Showerman, Vice President, Real 
Estate and Vendor Management for Global Crossing. “We are confident ICG Commerce’s 
experience and supply market knowledge will assist us in achieving our savings targets.”

The addition of ICG Commerce’s sourcing and implementation services to Global Crossing’s 
procurement organization will provide access to deep category specialists, supply market and 
pricing insights and proven supplier implementation methodologies for key categories including 
IT, telecommunications, marketing, air travel and hotels, personnel recruiting, training and others.

“We are very pleased to be part of Global Crossing’s ongoing business improvement strategy,” 
said Carl Guarino, CEO of ICG Commerce. “We look forward to partnering with their procurement 
team to help them to drive continued savings and maximize the value of their spend in support of 
the company’s growth and profitability goals.”


About ICG Commerce
ICG Commerce (www.icgcommerce.com) is a leading Procurement Services Provider exclusively 
focused on helping companies achieve greater control over external expenditures. The company 
offers procurement outsourcing solutions to support sourcing and, transactional buying,
category management and information management in order to enable customers to expand the 
breadth of spend they manage, enhance sourcing effectiveness, improve compliance levels and 
drive continual improvements.  By working with dozens of leading procurement organizations, ICG 
Commerce brings execution-based and continuously growing compound experience to every 
customer. ICG Commerce Inc., a privately held company founded in 1992, is a member of 
Internet Capital Group's (Nasdaq: ICGE) network of partner companies. The company has been 
recognized with numerous industry awards including IAOP and Fortune Magazine’s Global 
Outsourcing 100, Forbes “Best of” (for Outsourcing and Procurement) and has had multiple 
executives recognized in Supply & Demand Chain Executive magazine's annual "Pros to Know" 
listing.

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