INTERNET CAPITAL GROUP ACQUIRES STAKE IN EMPTORIS, INC

Supplier of powerful B2B e-commerce strategic sourcing solutions represents key technology enabler for network of partner companies

Wayne, Pa-April 27, 2000-Internet Capital Group (NASDAQ: ICGE), a leading business-to-business (B2B) e-commerce company, today announced that it has acquired an interest in Emptoris, Inc., of Burlington, MA, for $20 million in cash, with an option to purchase additional interest from existing Emptoris stockholders.

"Emptoris' sophisticated strategic sourcing and Request for Quote (RFQ) solutions can create significant value for our market makers by enabling high dollar volume core strategic buying activities to be transacted in their net markets while significantly improving the efficiency of e-procurement processes for the end users," said Rick Bunker, managing director and chief technology officer for ICG, who will be joining the Emptoris board. "The Emptoris solution represents a key technology enabler for complex B2B transaction environments. We believe that this solution, coupled with Emptoris' management team, business model and ability to execute on that model, make the company an essential addition to ICG's network of partner companies."

Emptoris, Inc. is committed to providing the most powerful and intelligent B2B e-commerce strategic sourcing and RFQ solutions. The company's solution fits end users' current business and procurement processes and, together with an experienced professional services organization, speeds adoption and simplifies implementation. Emptoris' ePASS' product leverages state-of-the-art optimization technology and customizable work flow and interfaces to enhance strategic sourcing decision-making capabilities for companies in a broad range of industries and vertical markets.

Since its inception in 1996, Internet Capital Group has acquired and built two types of companies: market markers, which bring buyers and sellers together by creating Internet-based marketplaces for the exchange of goods, services and information; and enabling service providers and infrastructure companies, which sell software and services to businesses engaged in e-commerce. As an ICG partner company, Emptoris will gain access to strategic expertise and operational support as well as best practices across ICG�s collaborative network of B2B e-commerce partner companies.

"We're excited to join ICG's uniquely collaborative network of partner companies," said Avner Schneur, president and CEO at Emptoris. "ICG's financial, operational and strategic support not only validates our technology and model, but provides a competitive advantage as we continue to execute on that model. We see a great fit with our capabilities and ICG's vast reach and resources."

About Emptoris, Inc.
Emptoris, Inc. is a leader in B2B e-commerce strategic sourcing and RFQ solutions for net market makers and the Global 2000. Emptoris' solution migrates core strategic buying onto the Internet, rapidly increasing net transaction volumes. Emptoris' advanced optimization technology and decision support tools provide buying and selling professionals with the information they need to make the right decisions every time. And because these professionals set the decision-making criteria based on their unique business rules and priorities, the optimized decisions produce the best results. Emptoris is headquartered in Burlington, MA. Additional information can be found at www.emptoris.com.

About Internet Capital Group
Internet Capital Group (http://www.internetcapital.com) is an Internet company actively engaged in business-to-business e-commerce through a network of partner companies. It provides operational assistance, capital support, industry expertise, and a strategic network of business relationships intended to maximize the long-term market potential of more than 60 business-to-business e-commerce companies. Headquartered in Wayne, PA, Internet Capital Group has offices in San Francisco, Boston, Seattle, and London.

Safe 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 uncertainty of future performance of our partner companies, acquisitions of interests in additional partner companies, additional financing requirements, the effect of economic conditions in the B2B e-commerce market and other uncertainties detailed in the Company's filings with the Securities and Exchange Commission.

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