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To: horsegirl48 who wrote (2707)	7/2/2001 3:10:12 PM
From: im a survivor	Respond to of 13815

Internet Capital Group Appoints IBM's Michael Zisman to Board of Directors IBM VP of Emerging Business Development Brings Thirty Years of IT And Management Experience to Provide Strategic Guidance to ICG and Its B2B Partner Companies WAYNE, Pa., July 2 /PRNewswire/ -- Internet Capital Group (Nasdaq: ICGE), a leading business-to-business e-commerce (B2B) company, today announced the appointment of Michael D. Zisman, vice president of Emerging Business Development at IBM Corporation, to its Board of Directors. "I've known and respected the management team at ICG since its earliest days," said Zisman. "My confidence in the strength of this team, coupled with my belief that the Internet is fundamentally changing the way business is done, makes ICG a great Board position for me, where I think I can add real value by leveraging my experience." Mr. Zisman brings more than 30 years of experience leading organizations that deliver e-business products and solutions to the marketplace. In 1979, Mr. Zisman founded and served as CEO of Soft-Switch, a leading supplier of products for integrating multi-vendor e-mail systems into an enterprise mail backbone. After Lotus Development acquired Soft-Switch in 1994, Mr. Zisman went on to hold numerous management positions at Lotus, including CEO, growing the user base of Lotus Notes from less than 1 million users to more than 50 million users. Lotus Development was acquired by IBM in 1995, and Mr. Zisman has held a number of executive positions at IBM, including his present position. "As we continue to focus the bulk of our human and financial resources on helping our leading B2B e-commerce partner companies continue to develop and grow, we know that Michael's experience growing his own technology company, and later driving tremendous growth at Lotus, will serve us well," said Walter W. Buckley, president and chief executive officer of ICG. In addition to his corporate responsibilities, Mr. Zisman was a Lecturer at the Wharton School of the University of Pennsylvania and a member of the faculty at the Sloan School of Management at M.I.T. He holds a Ph.D. degree from The Wharton School, a Master's degree in Systems Engineering from the Moore School at University of Pennsylvania, and a Bachelor's degree in Chemical Engineering from Lehigh University. He is a board member of several private companies, as well as Net Objects, Inc. Zisman joins the seven member ICG Board of Directors which also includes: David Berkman, Managing Partner at Liberty Associated Partners, LP; Walter Buckley, President and CEO at Internet Capital Group; Ken Fox, Managing Director at Internet Capital Group; Thomas P. Gerrity, Former Dean of The Wharton School University of Pennsylvania; Robert E. Keith Jr., President & CEO at TL Ventures; and Warren "Pete" Musser, Chairman at Safeguard Scientifics, Inc. About Internet Capital Group Internet Capital Group (http://www.internetcapital.com) is an Internet company actively engaged in business-to-business e-commerce through a network of partner companies. The company's primary goal is to build companies that can obtain number one or number two positions in their respective markets by delivering software and services to help businesses increase efficiency and reduce costs. It provides operational assistance, capital support, industry expertise, and a strategic network of business relationships intended to maximize the long-term market potential of more than 60 business-to-business e-commerce partner companies. Headquartered in Wayne, Pa., Internet Capital Group has offices in San Francisco, Boston and London. MAKE YOUR OPINION COUNT - Click Here tbutton.prnewswire.com SOURCE Internet Capital Group CO: Internet Capital Group ST: Pennsylvania