ORLANDO, Fla., June 4, 2012 (GLOBE NEWSWIRE) -- Channel Intelligence
(CI), the leading provider of technology services that drive online
purchases, announced today that Rob Wight, founder and CEO of CI, will
take on the role of Chairman of the Board, while Doug Alexander,
President of ICG (Nasdaq:ICGE) and a CI board member since 2006, will
serve as CEO. Wight will also serve as Chief Software Architect for the
company, with responsibility for developing and enhancing the core CI
platform. These changes will be effective immediately, following
several weeks of transition in this direction.

This transition is to support the strong growth CI has recently
experienced, which reflects the unprecedented success the Company has
driven for its clients. For brands and manufacturers, CI manages more
than 80% of all Where to Buy links on websites, blogs, display ads and
other digital touch points. For retailers, CI is the clear expert on
selling through Google and the new Google Shopping. CI's Google Product
Listing Ads clients saw year-over-year sales grow 466% in the first
quarter of 2012.

"As the founder of Channel Intelligence, I am thrilled that I was able
to convince Doug to take on this CEO position, because he is one of the
most knowledgeable, talented leaders in the internet marketing space
today," says Wight. "Having him here allows me to focus my energy on
the overall vision of the company, maximizing the vast opportunity we
have ahead of us in this very dynamic market. I am excited for the
opportunity to work closely with Doug and the rest of this very
talented team in taking CI to the next level."

Alexander adds, "As a board member for the last several years, I have
developed a deep appreciation for the power and potential of the unique
technology that Rob and the team have built, as well as the incredible
opportunity this company has to transform the online performance of its
customers. This is a very exciting time to be inside CI, as the company
is coming off a year of record revenues and profits and continues to
deliver record performance results for its growing list of customers. I
am eager to work in step with Rob and the CI team on this opportunity
and to allow Rob to provide visionary leadership while also focusing
intently on groundbreaking product development that will uniquely
benefit our client companies."

For additional information on Rob Wight and Doug Alexander click here:
http://www.channelintelligence.com/.

About Channel Intelligence (CI)

Channel Intelligence (CI) helps marketers outperform online with its CI
Boost services: Facebook Platform, Where-to-Buy, Product Search Engines
and Shopping Engine solutions. Relied upon by companies such as Target,
Philips, HP, Neiman Marcus, Best Buy and Kimberly-Clark, CI tracks
nearly 15 percent of US transactions online and drives $2B in sales
annually in referred sales online in computing, home improvement,
appliances, consumer electronics, toys and a variety of other consumer
packaged goods. CI is a partner company of ICG (Nasdaq:ICGE) and Aweida
Capital Management. Learn more at www.channelintelligence.com.

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CONTACT: Josh Lane
         Channel Intelligence (CI)
         321-939-5058
         josh.lane@channelintelligence.com