WineryExchange.com, the leading online marketplace for the global wine industry, has teamed with ICG Commerce, a global online e-procurement services provider, to offer a wide selection of office products, supplies, and services to wineries and wine-related businesses worldwide. The WineryExchange.com Web site will immediately begin offering its wine industry customers everything from office furniture to computer hardware, freight forwarding services, and thousands of other business essentials from ICG Commerce's global supplier base.

"This revenue-sharing partnership with ICG Commerce enables WineryExchange to become a truly comprehensive online marketplace for the international wine industry," said Peter Byck, WineryExchange CEO. "Now wineries, wine wholesalers, retailers, and other wine industry participants can source 100 desktop computers, 10,000 gallons of Cabernet Sauvignon, and anything in between from WineryExchange.com. ICG Commerce's vast pool of accredited suppliers, its $5 billion of aggregated purchasing power, and its cost crushing economies of scale allows us to offer the best products at the best prices to our online customers."

ICG Commerce offers online procurement of thousands of items in dozens of categories, including office equipment and supplies, information technology and computers, logistics and marketing services, components, materiel, packaging, and more. By aggregating orders from individual companies, ICG Commerce and WineryExchange will be able to deliver significant volume discounts to online buyers. And by completing all their purchasing through WineryExchange, wine industry businesses will achieve further cost reductions through one-stop transaction efficiencies.

WineryExchange customers will also benefit from ICG Commerce's procurement expertise, which is embodied by the over 100 category-specific purchasing professionals who are on-staff at ICG Commerce. A dedicated account team will provide ongoing individual support for WineryExchange.com.

"Managing costs may not be glamorous, but it is essential for any successful business. ICG Commerce uses advanced procurement strategies and volume purchasing to reduce costs for our partners in dozens of vertical business markets," explained Rick Berry, CEO of ICG Commerce. "Our selection by WineryExchange, the clear online market leader in the $100 billion global wine industry, opens an important new segment and revenue opportunity for ICG Commerce."

Wine industry professionals interested in purchasing both direct and indirect goods and services should consult the WineryExchange Web site at www.wineryexchange.com. In addition to general business products and services from ICG Commerce, WineryExchange offers convenient, efficient access to the world's largest selection of bulk wine and grapes. Buyers can source by variety, price and appellation. Sellers can list inventory, review account activity, and negotiate transactions.

About ICG Commerce

ICG Commerce is the world's first comprehensive online procurement services provider for businesses. Leveraging its wealth of supply chain management, purchasing and strategic sourcing expertise across multiple industry groups, ICG Commerce delivers comprehensive, tailored services built around a flexible, Internet-based platform that requires minimal start-up cost and time and no software purchase or installation. ICG Commerce can affect the entire spectrum of purchasing strategies, including aggregated buys, portals and exchanges, hosted auctions, eRFQs/eRFPs, spot buys and catalog purchases. The company is uniquely positioned to help customers streamline all of their procurement decisions and processes and to effect substantial savings and efficiencies. ICG Commerce is a member of the Internet Capital Group (Nasdaq: ICGE) network of partner companies, and is based in Jenkintown, Pa. For more information, access the company's Web site at www.icgcommerce.com.

About WineryExchange

WineryExchange is a neutral, online business-to-business marketplace serving winegrowers, wineries, suppliers, and retailers. Founded in 1999 by leading wine industry, financial, and technology executives, the company provides products, services, and real-time market information for every link in the wine industry value chain -- from the dirt to the bottle. The Web site is also the premier forum for news, analysis, and discussion of issues affecting the wine industry worldwide.

WineryExchange is funded by venture investors Venrock Associates, 3i, and vTraction, and by prominent angel investors including Draper Richards and Fred Warren, founder of Brentwood Associates. The company is based in the San Francisco Bay Area with offices in Novato and San Bruno, California.