Everest Research Institute Names ICG Commerce a ‘2009 Procurement Outsourcing Market Star Performer’

Award Recognizes Strong Growth, Increased Global Capabilities and Proven Track Record of Delivering Results through Procurement Outsourcing

PHILADELPHIA - Tuesday, June 01, 2010 - ICG Commerce, the procurement outsourcing specialist, was recently 
named one of the ‘2009 Procurement Outsourcing (PO) Market Star Performers’ by Everest Research Institute, part of 
Everest Group, a leading global consulting and research firm. ICG Commerce was recognized for its strong global growth 
and depth of experience in helping clients effectively manage non-core and indirect spend.

With five new multi-process PO contract signings, a similar number of contract extensions and an expanded global delivery 
platform, ICG Commerce was ranked in the top quartile for its market success and capabilities in Everest’s PEAK 
(Performance Experience Ability Knowledge) matrix for procurement outsourcing.

Everest Research Institute identified its 2009 PO Star Performers based on above market -average performance by service 
providers on the following criteria:

• Market success in 2009 based on actual cash value growth, number of contract signings, and value of contract signings 
  in 2009

• Capability advancements in 2009 based on expansion of scale, expertise, delivery footprint, and technology investments

“We are honored to be named a ‘2009 PO Market Star Performer’ and believe it is a reflection of our focused efforts to 
enhance our offerings and delivery platform, and our consistent track record of delivering realized savings for our 
clients,” stated Carl Guarino, CEO of ICG Commerce.

Despite the difficult economic climate of the past year, ICG Commerce grew revenues by 28 percent in 2009 and increased 
spend under management by 33 percent to $13.6 billion. This growth illustrates ICG Commerce’s specialized focus on 
procurement outsourcing coupled with a growing awareness among companies that procurement outsourcing is a viable 
strategy for improving financial performance and funding growth. 

PO is increasingly being adopted by executives who are looking for the next generation of sustainable cost savings. By 
better managing non-core spend areas such as logistics, travel, IT, marketing and HR, which can represent up to 20% of 
a company’s revenue, today’s business leaders are able to drive hundreds of millions in bottom-line savings. 

“Everest is pleased to recognize ICG Commerce as a star performer,” said Katrina Menzigian, VP of Research, Everest 
Research Institute.  “Over the last year, ICG Commerce has continued to strengthen its leadership position through 
an expanded global delivery capability and solutions focused on helping clients drive significant realized savings 
from their non-core spend.”

About ICG Commerce, Inc.

ICG Commerce, the procurement outsourcing specialist, is driving a fundamental change in the way today’s 
businesses achieve financial agility and fund growth.  ICG Commerce is the only procurement outsourcing specialist 
with superior market intelligence integrated into an operational approach, resulting in hundreds of millions of dollars 
in realized savings.  ICG Commerce is a privately held company and member of Internet Capital Group's (Nasdaq: ICGE) 
network of partner companies.