ICG CEO, Walter Buckley, to Speak at Upcoming Morgan Keegan and Oppenheimer Conferences

WAYNE, Pa., Aug. 1, 2011 - ICG Group, Inc. (Nasdaq:ICGE - News) ("ICG") today announced that it will present at the Morgan Keegan Technology Conference to be held at the Palace Hotel in New York City August 8 and 9, 2011, as well as the Oppenheimer 14th Annual Technology & Communications Conference to be held at the Four Seasons Hotel in Boston August 9 and 10, 2011.
 
ICG CEO, Walter Buckley, will present information on the Company's progress, strategy and value proposition to the financial community at the Morgan Keegan Conference on Tuesday, August 9 at 11:15 a.m. ET and at the Oppenheimer Conference on Wednesday, August 10 at 3:05 p.m. ET.
 
Although presentations at the conferences are only open to Morgan Keegan and Oppenheimer clients, ICG's presentation will be webcast and accessible for replay from the ICG website at www.icg.com by going to the investor relations tab and clicking presentations or directly at www.icg.com/investors/events-and-presentations/.
 
About ICG
ICG (Nasdaq:ICGE - News) identifies, capitalizes and grows companies in the SaaS and tech-enabled BPO sectors. These companies transform the way business is done by enabling enterprises to increase efficiencies and improve critical processes. ICG leverages its unique expertise to carefully identify companies based on their potential to become market changers and market leaders. ICG focuses on building successful businesses in the SaaS and tech-enabled BPO sectors by providing them with access to management expertise and strategic and operational guidance, as well as growth capital.

Investor inquiries:
Karen Greene
ICG
Investor Relations
610.727.6900
IR@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 companies' customers, our companies' ability to compete successfully against their respective competitors, our 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.