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Technology Stocks : Internet Capital Group Inc. (ICGE)

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From: bob zagorin3/3/2005 11:23:13 AM
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Internet Capital Group Returns to NASDAQ National Market
Thursday March 3, 8:30 am ET

WAYNE, Pa.--(BUSINESS WIRE)--March 3, 2005--Internet Capital Group, Inc. (Nasdaq:ICGE - News) today announces approval from the NASDAQ Stock Market® for listing of its securities on the NASDAQ® National Market. Since June 2002 ICG's securities have traded on the NASDAQ SmallCap Market. Now that ICG meets the more stringent listing requirements of the National Market and its application for listing on such market has been approved, ICG's stock will commence trading on the NASDAQ National Market® on Thursday, March 3, 2005 under its existing ticker symbol (ICGE).

"With the goal of broadening our investor base, we've been very active in communicating our story and value proposition to the marketplace," said Walter Buckley, chairman and chief executive officer at Internet Capital Group. "As we continue to focus on building and delivering value for our stockholders, we believe that listing on one of the largest markets in the world will help to further increase visibility and liquidity."

About Internet Capital Group

Internet Capital Group (www.internetcapital.com) builds and owns internet software companies that drive business productivity and reduce transaction costs between firms. Founded in 1996, ICG devotes its expertise and capital to maximizing the success of these platform companies that are delivering on-demand software and service applications to customers worldwide.
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