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Microsoft Rolls Out Buying Center to Support Rapidly Growing Business in India

ICG Commerce extends U.S.- proven outsourcing capabilities to support Indian operations

Philadelphia -- December 12, 2006 -- ICG Commerce, a leading procurement services provider, today announced that it has extended its Buying Center services for Microsoft entities in India. ICG Commerce’s Hyderabad Buying Center is an extension of the company’s North American buying center operations for Microsoft and supports the software leader’s growing research and development operations.

ICG Commerce has provided Buying Center services to support IT hardware purchases for Microsoft’s North American operations since 2004, helping the company recognize cost savings and gain greater control of their spend. The Hyderabad Buying Center broadens ICG Commerce’s relationship with Microsoft , assisting the company to streamline procurement processes for its Indian operations. India is a central location for Microsoft’s rapidly growing development services and IT hardware spend is an area of strategic focus in the company’s ongoing efforts to standardize the procurement process and optimize costs.

“As our operations in India continue to expand, it is imperative to put standard procurement processes in place across all of our development labs and business entities”, said Vikas Lashkari, Microsoft India’s Procurement Head. “After seeing firsthand how the buying center has helped Microsoft in North America increase visibility and control over their hardware spend, we know that ICG Commerce has the right level of experience and company and industry knowledge to help us successfully adopt the model in India.”

Buying Center services based out of ICG Commerce’s Hyderabad delivery center will provide Microsoft with leading transaction procurement processes to help end users quickly and effectively procure the goods and services they need to maintain and grow their businesses. Buying Center services include purchase-to-pay transactional support, competitive bidding, reporting and ongoing spend analysis.

“Microsoft understands the importance of providing services to their internal employees that let them do their jobs more efficiently and effectively,” said Carl Guarino, Chief Executive Officer, ICG Commerce. “We look forward to continuing to support them by providing a high level of customer service along with increased control and continued savings to help their procurement team maximize the value of their external spend.”


About ICG Commerce
ICG Commerce (www.icgcommerce.com) is a leading Procurement Services Provider exclusively focused on helping companies achieve greater control and increased value from the spend they manage. The company offers sourcing and on-going operational buying, category and information management and market intelligence services that enable companies to expand the breadth of spend they manage, continue to build their sourcing effectiveness, ensure compliance and drive continual improvements over time. By working with thousands of top suppliers and dozens of leading procurement organizations, ICG Commerce brings its execution-based, continually growing compound experience to every customer contract negotiated and transaction processed.
ICG Commerce Inc., a privately held company founded in 1992, is a member of Internet Capital Group's (Nasdaq: ICGE) network of partner companies. ICG Commerce has been recognized by numerous industry awards including Global Outsourcing 100, FAO “Top 10 Procurement Providers”, Outsourcing Excellence Finalist, Forbes, and the company also has had multiple executives recognized in Supply & Demand Chain Executive magazine's annual "Pros to Know" listing.


Contact:

Christen Melcher
ICG Commerce
+1-484-690-5005
cmelcher@icgcommerce.com

Alexander Gordon
Sloane & Company
+1-212-446-1897
agordon@sloanepr.com


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