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ICG Executives to Present at Upcoming Investor Conferences

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RADNOR, Pa., March 6, 2013 (GLOBE NEWSWIRE) -- ICG Group, Inc. (Nasdaq:ICGE) ("ICG") announced that key executives will present the Company's progress, strategy and value proposition to the financial community at three upcoming investor events.

ICG's CFO, Kirk Morgan, will present at the Second Annual Barrington Research Technology Conference in Chicago, Illinois on March 12th at 2 p.m. CT. While presentations at the conference are only open to Barrington and its clients, ICG's presentation will be webcast live and accessible for replay from the ICG web site at www.icg.com/investors/events-and-presentations/.

ICG's President, Doug Alexander, will present at the 25th Annual Roth Conference in Dana Point, California on March 18th at 10:30 a.m. PT. This presentation will also be webcast live and accessible for replay from the ICG web site at www.icg.com/investors/events-and-presentations/.

ICG management will also be participating in the Northland Capital Markets Technology Conference in New York City on March 13th. There are not individual company presentations at this event.

About ICG

ICG provides leading cloud-based software and solutions in procurement, government, compliance and insurance. ICG's software platforms automate industry-specific processes that drive growth, cost savings, and compliance for its customers. Headquartered in Radnor, Pennsylvania, ICG has more than 1000 employees worldwide. For more information, please go to www.icg.com.

The ICG logo is available at http://www.globenewswire.com/newsroom/prs/?pkgid=7794

Safe Harbor Statement under Private Securities Litigation Reform Act of 1995

The statements contained in this press release that are not historical facts are forward-looking statements that involve certain risks and uncertainties, including, but not limited to, risks associated with the effect of economic conditions generally, capital spending by our companies' customers, our companies' collective ability to retain existing customer relationships and secure new ones, our companies' ability to compete successfully against their respective competitors, our companies' ability to timely and effectively respond to technological developments, our and our companies' collective ability to retain key personnel, our ability to have continued access to capital and to deploy capital effectively and on acceptable terms, our ability to maximize value in connection with divestitures, and other risks and uncertainties detailed in ICG's filings with the Securities and Exchange Commission. These and other factors may cause actual results to differ materially from those projected.

CONTACT: Investor inquiries: Karen Greene ICG Investor Relations 610-727-6900 IR@icg.com

Source:ICG Group, Inc.