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Reston, Va., - (Business Wire) January 8, 2008 - ICO Global Communications (Holdings) Limited (NASDAQ: ICOG) today announced that it has entered into an agreement to utilize content from NBC Universal for the demonstration of its mobile television offering at the International Consumer Electronics Show in Las Vegas this week. ICO will demonstrate its ICO mim™ service in a sport utility vehicle that will travel the Las Vegas strip during the Show, as well as in an exhibition suite at the Venetian Hotel. The specially equipped ICO vehicle will feature live NBC Universal programming delivered utilizing DVB-SH over ICO's 2 GHz S band frequencies.
"ICO mim has attracted leading companies to develop this next-generation mobile television technology, and now this agreement with NBC Universal adds world-class content that will demonstrate the compelling value proposition we'll be offering," commented Tim Bryan, ICO chief executive officer. "We look forward to displaying NBC Universal content during our alpha trial later this year, and we appreciate NBC Universal's leadership in new video technologies."
ICO mim is a converged mobile media service that addresses a wide variety of consumer 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. ICO's North American Satellite, ICO G1, is set for launch in March 2008, and alpha trials of the ICO mim service are set for Las Vegas and Raleigh-Durham, North Carolina by mid-year.
NBC Universal is also serving as the Official Broadcast Partner of the 2008 International Consumer Electronics Show.
About ICO
ICO Global Communications (Holdings) Limited is a satellite communications company developing an advanced next-generation hybrid system, combining both satellite and terrestrial communications capabilities. ICO is deploying a mobile interactive media service, to be known as ICO mim™. ICO mim will combine ICO's unique interactive satellite capability with nationwide coverage to deliver a new level of interactive navigation, enhanced roadside assistance and the ultimate mobile video experience, including 10-15 channels of premium television content. ICO is based in Reston, Virginia. For more information and a virtual tour of ICO mim, visit www.ico.com.
Safe Harbor for Forward-Looking Statements
This press release contains forward-looking statements, including statements regarding the timing, location and content of ICO's demonstration and its alpha trial of its ICO mim™ offering, as well as the timing of its satellite launch. The forward-looking statements involve risks and uncertainties that could cause actual results to differ materially from our expected results. 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.
Contact:
Christopher Doherty
ICO
703-964-1414
christopher.doherty@ico.com