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Technology Stocks : Internet Capital Group Inc. (ICGE)

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From: bob zagorin10/18/2005 11:49:19 AM
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ICG Commerce to Present at Leading Sourcing and Outsourcing Conference
Industry Experts to Share Best Practices for Gaining High Impact Savings Through Procurement Initiatives
10/18/2005 8:00:50 AM

PHILADELPHIA, Oct 18, 2005 /PRNewswire via COMTEX/ -- Leading procurement services provider ICG Commerce today announced two executives will be speaking at the Sourcing Interest Group's Sourcing Leadership 2005 conference taking place this week in Rancho Mirage, California.

The semi-annual event will feature the most current topics in the world of sourcing and outsourcing, including procurement BPO, strategic sourcing and supply management. Through more than a decade of working with hundreds of leading companies on procurement initiatives, ICG Commerce understands today's executives are expecting more savings than ever -- savings they can measure in terms of earnings -- that increase year after year. Drawing from deep domain expertise, ICG Commerce executives will share experience and best practices around strategic sourcing and procurement outsourcing, high-impact initiatives that can enhance a company's performance and significantly improve its bottom line.

Jeff Gallant, vice president of business development, will present "Beyond Sourcing: How to Drive Additional Total Cost Savings Year After Year" on October 19 from 3:30-4:20 p.m. His presentation will explore how companies can identify opportunities to improve value in supplier agreements and continue to reduce costs on an ongoing basis.

Jason Gilroy, vice president of outsourcing for ICG Commerce, will participate in a procurement outsourcing roundtable at the conference on October 20 at 1:30 p.m. The panel also will feature an executive from a leading telecommunications services company currently engaged with ICG Commerce in a procurement outsourcing initiative. Panelists will discuss best practices, the pros and cons of procurement outsourcing, and future innovations in the space.

"The Sourcing Leadership conference provides an excellent forum for executives to identify and discuss new innovations and practical approaches for reducing company costs, and ICG Commerce is pleased to be among the group of experts participating in this year's event," said Gilroy. "From proven strategies in procurement outsourcing to case study examples, Jeff and I look forward to sharing experience-based insights with attendees."

For more information about Sourcing Leadership 2005 please visit < sourcinginterests.org >.

About ICG Commerce, Inc.

ICG Commerce ( icgcommerce.com ) is a leading Procurement Services Provider exclusively focused on helping companies buy more effectively and efficiently in order to reduce costs significantly and continuously. The company offers an unmatched combination of process and category expertise, market insights and benchmarks and a world-class operational Buying Center to deliver Sourcing and Procurement Outsourcing Services. ICG Commerce Inc., a privately held company founded in 1992, is a member of Internet Capital Group's (ICGE) network of partner companies and has been honored as a Forbes Best of the Web: B2B, UPSIDE Magazine Hot 100 and iSource 100 company as well as had its executives recognized among the iSource "Pros to Know".
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