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Press release from GlobeNewswire (a Nasdaq OMX company)

ICG to Hold Annual Stockholders' Meeting on June 15, 2012

Thursday, June 07, 2012

ICG to Hold Annual Stockholders' Meeting on June 15, 201206:00 EDT Thursday, June 07, 2012WAYNE, Pa., June 7, 2012 (GLOBE NEWSWIRE) -- ICG Group, Inc. (Nasdaq:ICGE) ("ICG") announced today that it will hold its 2012 Annual Stockholders' Meeting at 10:00 a.m. EDT on Friday, June 15, 2012. The meeting will be held at the Radnor Hotel, 591 East Lancaster Avenue, St. Davids, Pennsylvania. Stockholders who owned ICG stock at the close of business on April 19, 2012 can vote at this meeting or any adjournments that may take place. Such stockholders are encouraged to vote by proxy to ensure that their shares will be represented. For those unable to attend the meeting in person, the meeting will be webcast via the Internet and can be accessed through the ICG web site at www.icg.com/investors/events-and-presentations/. The meeting will also be accessible through a teleconference in listen-only mode by dialing 866-383-8119 (domestic) or 617-597-5344 (international) and entering the passcode 64741964. A replay will be available from June 15, 2012 at 12:00 p.m. ET until June 22, 2012 at 11:59 p.m. ET. To access the replay, dial 888-286-8010 (domestic) or 617-801-6888 (international) and enter the passcode 73702408. The replay and slide presentation also can be accessed on the ICG web site at www.icg.com/investors/events-and-presentations/.About ICGICG Group, Inc. (Nasdaq:ICGE) identifies, capitalizes and grows companies in the cloud-based software and services sectors. These companies transform the way business is done by enabling enterprises to increase efficiencies and improve and automate critical processes. ICG leverages its unique expertise to carefully identify companies based on their potential to become market-changers and market-leaders. ICG is focused on building profitable businesses in these sectors by infusing them with management expertise, strategic and operational guidance, as well as growth capital. The ICG logo is available at http://www.globenewswire.com/newsroom/prs/?pkgid=7794Safe 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 partner companies' customers, our partner companies' ability to compete successfully against their respective competitors, our partner 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. CONTACT: Investor inquiries: Karen Greene ICG Investor Relations 610-727-6900 IR@icg.com