ICG CEO, Walter Buckley, to Speak at 16th Annual Needham Growth Conference on January 15, 2014

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| Source: Actua Corporation

RADNOR, Pa., Jan. 8, 2014 (GLOBE NEWSWIRE) -- ICG Group, Inc. (Nasdaq:ICGE) today announced that it will present at the 16th Annual Needham Growth Conference, to be held in New York City January 14, 15 and 16, 2014. ICG's CEO, Walter Buckley, will present information on the Company's progress, strategy and value proposition to the financial community at the Needham Conference on Wednesday, January 15 at 5:30 p.m. ET.

Although presentations at the conference are only open to Needham & Company and its clients, ICG's presentation will be web cast and accessible for replay from the ICG web site at http://www.icg.com/investors/events-and-presentations/

About ICG

ICG is a cloud applications provider that brings the power of the cloud to industry-specific vertical markets, including public sector, compliance and insurance. ICG is headquartered in Radnor, Pennsylvania. For more information, please go to www.icg.com.

Forward Looking Statements

The statements contained in this press release that are not historical facts are forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. These forward-looking statements involve certain risks and uncertainties, including, but not limited to, risks associated with the effect of economic conditions generally, capital spending by our customers, our ability to retain existing customer relationships and secure new ones, our ability to compete successfully against alternative solutions, our ability to timely and effectively respond to technological developments, our ability to retain key personnel, 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, and other risks and uncertainties detailed in ICG's filings with the U.S. Securities and Exchange Commission. These and other factors may cause actual results to differ materially from those projected.

Investor inquiries:
Karen Greene
ICG
Investor Relations
610-727-6900