Procurian, Inc: Press release

Addition of Highly Specialized Energy Management Capabilities Creates
Independent and End-to-End Energy Management Solution That Maximizes Savings
and Efficiencies 

PHILADELPHIA, 2012-08-06 15:00 CEST (GLOBE NEWSWIRE) --
Leading comprehensive procurement solutions provider Procurian, today announced
the acquisition of highly specialized energy management firm, Utilities
Analyses, Inc. (UAI). UAI focuses on comprehensive supply-side services that
help clients cut utility costs and achieve ongoing savings in both regulated
and deregulated environments. Integrating UAI's energy supply-side capabilities
with Procurian's existing demand-side capabilities creates Procurian Energy
which provides an independent, end-to-end energy management solution that
identifies, maximizes and sustains savings and efficiencies. Procurian Energy
leverages 30 energy specialists who utilize proprietary market intelligence to
manage $3 billion of energy spend across more than 60 clients. 

UAI specializes in supply-side services that reduce costs and utility budgets
for clients managing multi-site locations. Unlike many other energy procurement
companies, UAI drives value and savings in both regulated and deregulated
markets. Like Procurian, UAI brings together deep expertise, market
intelligence and technology to drive savings. Specifically, UAI applies current
pricing intelligence from its proprietary national and global rate database,
that leverages 300,000 monthly client invoices, as well as an unequaled tariff
database to uncover, negotiate and ensure realization of bottom-line savings. 

"We are committed to continuously building out our deep and specialized
capabilities to help companies more effectively manage indirect and other
under-resourced areas of spend," said Carl Guarino, CEO of Procurian. "The cost
of energy will continue to rise and is often cited as a top three operating
expense within companies - yet this spend is often undermanaged due to
complexity and fragmentation across the organization. The integration of UAI's
supply-side capabilities with Procurian's demand-side capabilities creates a
complete solution that not only helps clients maximize and sustain cost
reduction opportunities but also achieve sustainability goals." 

With this acquisition, Procurian Energy can help clients:

  -- Reduce demand through more efficient operating practices and equipment
     (which often qualify for hard-dollar incentives)
  -- Reduce overall energy supply costs and pricing risk through
     intelligence-driven procurement and tariff analysis
  -- Preserve and improve savings by going beyond short-term energy audits and
     providing ongoing expert monitoring, analysis and management.

"We believe that leveraging market intelligence across an integrated supply and
demand management process is the key to maximizing and sustaining energy cost
reductions," said Chad Gottesman, head of Procurian Energy and chief
sustainability officer. "For example, our experts measure usage at a very
granular level and apply benchmarks to find and implement demand reduction
opportunities. If we can reduce energy usage by even a small percentage, we can
then apply our tariff benchmarks and expertise to drive even lower rates so
clients save through lower consumption and lower unit costs.  Then we continue
to actively monitor and manage demand over time to ensure that usage does not
trend back upwards and erode savings." 

Procurian's Active Energy Management solution is an important part of its
Specialized Procurement Infrastructure(TM), which provides its customers access
to all the components necessary to optimize indirect spend on a global basis,
including a dedicated team of specialists with deep category expertise,
real-time market intelligence, comprehensive processes and a sophisticated set
of proprietary tools and technology. The acquisition of UAI illustrates
Procurian's commitment to continually innovating and advancing this
infrastructure to deliver more value to its clients and ensure real,
sustainable results. 

About Utilities Analyses, Inc.

Since 1986, UAI's energy supply experts have helped large energy consuming
customers reduce their costs. UAI provides energy information and management
services that reduce costs and utility budgets for commercial, industrial,
government, and institutional clients managing multi-site locations.  With
unbiased rate and tariff analysis of regulated utilities and energy procurement
in deregulated service areas, UAI identifies usage patterns of electric and
natural gas spends that can be transformed into bottom-line cost savings. 

About Procurian, Inc.

Procurian – formerly known as ICG Commerce - is the leading specialist in
comprehensive procurement solutions. Forward-thinking business leaders partner
with Procurian to transform procurement and drive sustainable changes to their
cost structures. Global industry leaders, including Kimberly-Clark, Hertz,
Symantec, Timken and Whirlpool, have chosen Procurian to accelerate this
transformation. Procurian's built-out Specialized Procurement Infrastructure™
integrates with businesses to optimize spending and deliver real savings that
equal a margin point or more. Procurian is an ICG (Nasdaq:ICGE) company. For
more information, visit www.procurian.com. 

The Procurian, Inc. logo is available at
http://www.globenewswire.com/newsroom/prs/?pkgid=12383 

         CONTACT: Media Contact:
         Michelle Musburger
         +1 847-859-2391
         michelle@musburger.com