ICG Commerce Enters Into Agreement to Provide Comprehensive Procurement Services to Vought Aircraft Industries

Aerospace Manufacturer Selects Procurement Services Provider to Achieve Measurable Savings and Standardize Procure-to-Pay Processes

PHILADELPHIA - Monday, August 30, 2004 - ICG Commerce, a leading procurement services provider, today announced 
that it has been engaged to provide procurement process management services and technology to Vought Aircraft 
Industries, Inc., one of the world's largest independent suppliers of aerostructures.

ICG Commerce will provide Vought with a broad suite of services, from sourcing to purchase-to-pay processing, to 
ongoing category management, across forty purchasing categories. These categories, which include sixteen groups of 
service-related purchases, make up a majority of the company's non-production products expenditures. Vought will 
leverage ICG Commerce's integrated procurement infrastructure, which includes deep category sourcing experts; a 
best-practice-based Buying Center; and RealExchange SM, a comprehensive technology platform for the purchasing of 
both goods and services. ICG Commerce also will supply a dedicated onsite procurement team to ensure the seamless 
delivery of services to Vought.

ICG Commerce is a procurement services provider committed to helping companies maximize and realize procurement 
cost savings and efficiencies through a flexible range of services including sourcing, purchase-to-pay automation and 
outsourcing. The company is considered to be at the forefront of procurement outsourcing, managing a broad scope of 
activities and expenditures for more than a dozen leading companies. As industry expert Julie Murphree recently stated, 
ICG Commerce is considered one of the key leaders in procurement BPO, which has been noted as the "hot" topic in 
the market today.

"As a company we want to ensure our resource investment is in our core competencies. The order management of non-
production goods and services does not fall in that category. Through ICG Commerce we expect to gain hard-dollar 
cost reductions, process efficiency and product standardization," said Daniel Smartis, Vought Vice President, Materiel. 
"By leveraging ICG Commerce's experience and full range of services, we expect measurable, bottom-line savings."

Under the agreement, ICG Commerce will provide procurement services to Vought. "As an innovative design and 
manufacturing supplier to the world's prime aircraft manufacturers, Vought not only understands the importance of 
world-class procurement but also the value of partnering with specialists to achieve objectives," said Edward H. West, 
chairman and CEO of ICG Commerce. "We look forward to helping the company achieve procurement performance 
and cost savings objectives while they continue to focus on their strategic initiatives."

About ICG Commerce, Inc.
 
ICG Commerce is the leading procurement outsourcing specialist delivering comprehensive source-to-pay 
services. Results-driven leaders access ICG Commerce’s experienced resources and market intelligence to 
better manage procurement and logistics spend, gaining significant savings and enhanced visibility and control. 

ICG Commerce is a privately held company founded in 1992 and a member of Internet Capital Group's 
(Nasdaq: ICGE) network of partner companies.  The company has earned recognition from Forbes, Fortune, 
The International Association of Outsourcing Professionals (IAOP) and leading industry analysts for its 
leadership in procurement outsourcing. For more information: www.icgcommerce.com

About Vought

Vought Aircraft Industries, Inc. (www.voughtaircraft.com) is one of the world's largest independent suppliers of 
aerostructures. Headquartered in Dallas, the company designs and manufactures major airframe structures such as 
wings, fuselage subassemblies, empennages, nacelles and other components for prime manufacturers of aircraft. 
Vought has annual sales of approximately $1.2 billion and more than 6,000 employees in seven U.S. locations.