Press Releases

Kimberly-Clark Selects ICG Commerce To Provide Sourcing And Supply Management Services

Dallas, Philadelphia, Jan. 8, 2007 - ICG Commerce, a leading procurement services provider, has signed a five-year contract to provide certain sourcing and supply management activities for Kimberly-Clark Corporation (NYSE: KMB). Outsourcing of these services to ICG Commerce is part of Kimberly-Clark's global competitive improvement initiatives, which were announced in July 2005. Other terms of the contract were not disclosed.

"This move will allow us to better direct our resources on innovation, brand-building and other capabilities that will drive long-term sustainable growth," said Ian Maginnis, Kimberly-Clark's Vice President of Business Support Delivery. "By selecting ICG Commerce, Kimberly-Clark's sourcing and supply management staff will focus their expertise on such critical business purchases as raw materials and packaging supplies, while leveraging ICG Commerce's market knowledge, sourcing strategies and procurement experience to reduce costs and improve efficiency."

Under the contract, ICG Commerce will manage sourcing and vendors and process purchase orders for Kimberly-Clark's North American and European operations in the areas of maintenance, repair, operating supplies and contract services.

"Kimberly-Clark is clearly dedicated to enhancing their world-class operations and further improving their purchasing function," said Carl Guarino, Chief Executive Officer, ICG Commerce. "As a procurement outsourcing specialist, we will work closely with Kimberly-Clark to implement a program that will provide both process improvements and cost savings for the company."

About Kimberly-Clark

Kimberly-Clark and its well-known global brands are an indispensable part of life for people in more than 150 countries. Every day, 1.3 billion people - nearly a quarter of the world's population - trust Kimberly-Clark brands and the solutions they provide to enhance their health, hygiene and well-being. With brands such as Kleenex, Scott, Huggies, Pull-Ups, Kotex and Depend, Kimberly-Clark holds No. 1 or No. 2 share positions in more than 80 countries. To keep up with the latest K-C news and to learn more about the company's 134-year history of innovation, visit www.kimberly-clark.com.

About ICG Commerce, Inc.

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 is a privately held company founded in 1992, and a member of Internet Capital Group's (Nasdaq: ICGE) network of partner companies. For four consecutive years, ICG Commerce has been as a Forbes Best of the Web: B2B honoree, and the company also has had multiple executives recognized in Supply & Demand Chain Executive magazine's annual "Pros to Know" listing.