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CORRECTING and REPLACING --- ICG to Announce Fourth Quarter and Year End 2013 Results Thursday, February 20th Before Market Opens

RADNOR, Pa., Feb. 3, 2014 (GLOBE NEWSWIRE) -- In a release issued under the same headline earlier today by ICG Group, Inc. (Nasdaq:ICGE), please note that the year in the headline of the release should be 2013, not 2014 as previously stated.

The corrected release follows:

ICG Group, Inc. (Nasdaq:ICGE) ("ICG") will release the financial results for its fourth quarter and full-year ended December 31, 2013 on Thursday, February 20, 2014, before the market opens. Separately, ICG has been invited to meet with investors at the upcoming Oppenheimer 4th Annual Research Summit in London on Wednesday, February 5, 2014.

The Company will host a conference call to discuss the fourth quarter and full year results on Thursday, February 20, 2013 at 10:00 a.m. ET. Participating on the conference call will be Walter Buckley, ICG's chief executive officer, and Kirk Morgan, chief financial officer of the Company. The dial-in numbers for the call are 866.318.8619 or 617.399.5138. The participant pass code for either dial-in is 60387130.

The Company will also host a live webcast for the call with an accompanying slide presentation. The webcast can be accessed at http://www.icg.com/investors/events-and-presentations/. Participants can also view fourth quarter and full-year information by clicking the link on ICG's home page at www.icg.com. Please log on to the website approximately ten minutes prior to the call to register and download and install any necessary audio software.

For those unable to participate in the conference call, a replay will be available beginning February 20, 2014 at 12:00 p.m. ET until February 27, 2014 at 11:59 p.m. ET. To access the replay, dial 888.286.8010 or 617.801.6888. The pass code is 85362063. The replay and slide presentation can also be accessed on the ICG website at www.icg.com/investors/events-and-presentations/.

ICG management will also participate in the Oppenheimer 4th Annual Research Summit on February 5th. The conference is only open to Oppenheimer and its clients and will bring together a select number of senior company managements representing a variety of industries and a range of market capitalizations. Investors from the U.K. and Continental Europe are expected to attend. The format will consist entirely of small group meetings in 40 minute segments. There will not be individual company presentations at this event.

About ICG

ICG is a cloud applications provider that brings the power of the cloud to industry-specific vertical markets, including public sector, compliance and insurance. ICG is headquartered in Radnor, Pennsylvania. For more information, please go to www.icg.com.

CONTACT: Investor inquiries: Karen Greene ICG 610.727.6900 ir@icg.comSource: ICG