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ICG to Hold Annual Stockholders' Meeting on June 21, 2013

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RADNOR, Pa., June 14, 2013 (GLOBE NEWSWIRE) -- ICG Group, Inc. (Nasdaq:ICGE) ("ICG") announced today that it will hold its 2013 Annual Stockholders' Meeting at 10:00 a.m. EDT on Friday, June 21, 2013. The meeting will be held at the Radnor Hotel, 591 East Lancaster Avenue, St. Davids, Pennsylvania.

Stockholders who owned ICG stock at the close of business on April 25, 2013 can vote at this meeting or any adjournments that may take place. Such stockholders are encouraged to vote by proxy to ensure that their shares will be represented.

For those unable to attend the meeting in person, the meeting will be webcast via the Internet and can be accessed through the ICG web site at www.icg.com/investors/events-and-presentations/. The meeting will also be accessible through a teleconference in listen-only mode by dialing 877-415-3183 or 857-244-7326 and entering the passcode 68360547.

A replay will be available from June 21, 2013 at 12:00 p.m. ET until July 5, 2013 at 11:59 p.m. ET. To access the replay, dial 888-286-8010 or 617-801-6888 and enter the passcode 33808191. The replay and slide presentation also can be accessed on the ICG web site at www.icg.com/investors/events-and-presentations/.

About ICG

ICG (Nasdaq:ICGE) 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.

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 partner companies' customers, our partner companies' ability to compete successfully against their respective competitors, our partner companies' ability to timely and effectively respond to technological developments, 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, our ability to retain key personnel, 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.