ICO Launches New Era in Mobile Television

-- ICO G1 Satellite Lifts Off From Cape Canaveral

-- Company to Provide First Nationwide Mobile Interactive Media
Service Combining Mobile Television, Navigation and Emergency
Communications

-- Live Mobile Television Demonstrations at NAB Using DVB-SH
Standard
CAPE CANAVERAL, Fla.--(Business Wire)--
ICO Global Communications (Holdings) Limited (ICO) (NASDAQ: ICOG)
announced today that it has successfully launched its North American
geosynchronous satellite, ICO G1. ICO will be conducting alpha trials
for its fully interactive mobile video, navigation and emergency
assistance service to be known as ICO mim(TM) (mobile interactive
media) later this year. The mobile television component of ICO mim
will use the DVB-SH standard, and is the first deployment of DVB-SH in
the United States.

ICO G1 was launched at 4:12 p.m. Eastern (US) time, and was
successfully placed into its initial geosynchronous transfer orbit at
4:56 p.m. The initial telemetry and command contact with the
spacecraft was established through the Perth, Australia, ground
station. The final position of the spacecraft will be at 92.85 degrees
west longitude and will provide service to the entire United States,
Puerto Rico, and the US Virgin Islands.

"Today's launch of ICO G1 was flawless," reported Bob Day, ICO
senior vice president, space systems. "The spacecraft correctly
separated from the launch vehicle 30.8 minutes after liftoff.
Telemetry signals have been received and the spacecraft appears
healthy."

"With our launch of ICO G1, ICO is now poised to deliver a new
generation of mobile services for consumers," commented Tim Bryan,
chief executive officer of ICO. "We look forward to meeting our 12th
and final FCC milestone by May 15, 2008, when we anticipate certifying
that ICO G1 is operational. Shortly thereafter we will commence market
trials in Las Vegas, Nevada, and the Raleigh/Durham area of North
Carolina for our mobile interactive media service, ICO mim(TM), which
we expect to launch commercially later in 2009."

ICO has been conducting the first-ever trials of the DVB-SH
standard in North America in Las Vegas. In conjunction with the
National Association of Broadcasters (NAB) show, ICO will be
conducting mobile demonstrations of its ICO mim service in a specially
equipped car on April 16 and 17. For information on the ICO mobile
demonstration, please visit the DVB booth, C2239, in the Las Vegas
Convention Center.

About ICO G1

ICO G1 is an innovative next-generation satellite designed to
deliver a wide variety of interactive services to mobile and portable
devices. ICO G1 was constructed by Space Systems/Loral using the Loral
1300 platform. The satellite was launched from Cape Canaveral,
Florida, on board an Atlas V 421 launch vehicle provided by United
Launch Alliance and was launched by Lockheed Martin Commercial Launch
Services. With a total mass of 6634kg, ICO G1 is the largest satellite
ever launched by an Atlas rocket, and is the largest commercial
satellite ever launched.

ICO G1 will operate in the 2 GHz S-band and will provide coverage
to the United States and most of North America. The S-band antenna has
an aperture of 12 meters and was built by Harris Corporation.

ICO G1 is the first satellite to utilize an innovative
ground-based beam forming (GBBF) system for both satellite-receive and
satellite-transmit directions. GBBF will provide unprecedented
flexibility in operation for the spacecraft to form S-band antenna
beams, flexibility in assigning frequencies and power, and will
accommodate any modulation protocol within ICO's licensed spectrum.
GBBF can form up to 250 transmit and 250 receive independent S-band
beams.

About ICO mim(TM)

The ICO mim product is a converged mobile media service that
addresses a wide variety of consumers' entertainment, information, and
two-way communication needs: live and stored mobile TV in vehicles,
interactive navigation, and roadside assistance, all with nationwide
coverage. ICO mim will provide multiple channels of high-quality
mobile video to portable, larger-screen (4.5 to 10 inch) user devices.

About ICO

ICO Global Communications (Holdings) Limited is a satellite
communications company developing an advanced next-generation hybrid
media system, combining both satellite and terrestrial communications
capabilities. ICO G1 is capable of supporting wireless voice, data,
and/or Internet services throughout the United States on mobile and
portable devices. ICO is deploying a mobile interactive media service
known as ICO mim(TM). ICO mim will combine ICO's unique interactive
satellite capability with nationwide coverage to deliver a new level
of navigation, enhanced roadside assistance and the ultimate mobile
video experience, including 10-15 live channels of premium television
content. ICO is based in Reston, Virginia. For more information, visit
www.ico.com.

Safe Harbor Statement

This press release contains forward-looking statements, including
statements regarding the timing of certifying ICO G1 operational, as
well as alpha trials and commercial availability of the ICO mim
service. The forward-looking statements involve risks and
uncertainties that could cause actual results to differ materially
from our expected results, including the potential for further launch
delays. More information about risks is contained in ICO's most recent
Annual Report on Form 10-K and its other filings with the U.S.
Securities and Exchange Commission. The forward-looking statements in
this press release speak as of the date hereof, and ICO undertakes no
obligation to revise or update any forward-looking statements for any
reason.

To see a video of the ICO G1 launch:

http://www.sendspace.com/file/gztxoq

There is still an opportunity to organize interviews & briefing
today and tomorrow with ICO and Alcatel-Lucent executives at NABSHOW.

The contact for such opportunities are:

- Christopher Doherty, christopher.doherty@ico.com, 703-928-3279
(mobile), www.ico.com

- Eric Giaretto, eric.giaretto@alcatel-lucent.com, +33 6 80 26 42
40 (mobile), www.alcatel-lucent.com/mobiletv

Meeting point is on the DVB Project booth @ NABSHOW (booth C
2239), with additional possibility to enjoy a mobile TV demo drive on
the Strip.

ICO Global Communications (Holdings) Limited
Chris Doherty, 703-928-3279
christopher.doherty@ico.com

Copyright Business Wire 2008