Automotive Industry Leader to Play Key Role in Deployment of ICO mim(TM) Service.

Release date: April 17, 2008

RESTON, VA. --
(Business Wire) April 17, 2008 - ICO Global Communications (Holdings) Limited (NASDAQ: ICOG) today announced that it has entered into a contract with Delphi Corp. (PINKSHEETS: DPHIQ) to develop advanced DVB-SH user terminals for its ICO mim^TM mobile interactive media service. Under the agreement, ICO has exclusive rights to all DVB-SH devices developed by Delphi for use in the mobile satellite services (MSS) spectrum band in North America for the next three years. Delphi is expected to deliver initial units in December 2008 and will design ICO's first aftermarket user devices. Delphi also plans to co-market ICO's interactive mobile video, navigation and emergency communications services to automotive manufacturers.

On April 14, ICO successfully launched ICO G1, a geosynchronous satellite covering the United States. ICO G1 is one of the largest commercial satellites ever launched, and is specifically designed to deliver services to mobile users. Alpha trials for ICO mim will
take place later in 2008 in Raleigh-Durham, NC and Las Vegas, NV.

"We are thrilled to be partnering with a premiere company in automotive electronics," commented Craig Jorgens, president of ICO. "ICO is poised to deliver a unique interactive suite of mobile services for American consumers, and Delphi's extensive experience in mobile electronics makes them an ideal partner as we implement ICO's goto-market strategy."

"We are very pleased that ICO has chosen Delphi to design the hardware for this terrific venture that is setting the stage for expanded adoption of mobile video," said Ken Erickson, Delphi's Entertainment & Communications Product Business unit executive.

"Delphi's expertise in both aftermarket and OEM design and manufacturing were key factors in the selection process," added David Zufall, senior vice president, network systems, of ICO. "Their expertise will play an integral part of both our upcoming alpha trials in 2008 and our future commercial launch."

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 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.

About Delphi
Delphi is a leading global supplier of mobile electronics and transportation systems, including powertrain, safety, steering, thermal, and controls & security systems, electrical/electronic architecture, and in-car entertainment technologies. Engineered to meet and exceed the rigorous standards of the automotive industry, Delphi technology is also found in computing, communications, consumer electronics, energy and medical applications. Headquartered in Troy, Mich., Delphi has approximately 169,500 employees and operates 156 wholly owned manufacturing sites in 34 countries with sales of $22.3 billion in 2007. Delphi can be found on the Internet at www.delphi.com.

ICO Safe Harbor Statement
This press release contains forward-looking statements, including statements regarding expected progress under the Delphi contract and the timing of alpha trials and commercial availability of the ICO mim^TM 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.

Delphi Forward-Looking Statement
This press release, as well as other statements made by Delphi may contain forwardlooking statements within the "safe harbor" provisions of the Private Securities Litigation Reform Act of 1995 that reflect, when made, the company's current views with respect to current events and financial performance. Such forward-looking statements are and will be, as the case may be, subject to many risks, uncertainties and factors relating to the company's operations and business environment which may cause the actual results of the company to be materially different from any future results, express or implied, by such forward-looking statements. Factors that could cause actual results to differ materially from these forward-looking statements include, but are not limited to, the following: the ability of the company to continue as a going concern; the ability of the company to operate pursuant to the terms of the debtor-in-possession ("DIP") financing facility; the company's ability to obtain court approval with respect to motions in the chapter 11 proceeding prosecuted by it from time to time; the ability of the company to develop, prosecute, confirm and consummate one or more plans of reorganization with respect to the Chapter 11 cases; risks associated with third parties seeking and obtaining court approval to terminate or shorten the exclusivity period for the company to propose and confirm one or more plans of reorganization, for the appointment of a chapter 11 trustee or to convert the cases to chapter 7 cases; the ability of the company to obtain and maintain normal terms with vendors and service providers; the company's ability to maintain contracts that are critical to its operations; the potential adverse impact of the Chapter 11 cases on the company's liquidity or results of operations; the ability of the company to execute its business plans, including the transformation plan described in this press release, and to do so in a timely fashion; the ability of the company to attract, motivate and/or retain key executives and associates; the ability of the company to avoid or continue to operate during a strike, or partial work stoppage or slow down by any of its unionized employees; and the ability of the company to attract and retain customers. Other risk factors are listed from time to time in the company's United States Securities and Exchange Commission reports, including, but not limited to the Annual Report on Form 10-K for the year ended December 31, 2004, and its most recent quarterly report on Form 10-Q for the quarter ended September 30, 2005, and current reports on Form 8-K. Delphi disclaims any intention or obligation to update or revise any forward-looking statements, whether as a result of new information, future events and/or otherwise. Similarly, these and other factors, including the terms of any reorganization plan ultimately confirmed, can affect the value of the company's various pre-petition liabilities, common stock and/or other equity securities. Additionally, no assurance can be given as to what values, if any, will be ascribed in the bankruptcy proceedings to each of these constituencies. A plan of reorganization could result in holders of Delphi's common stock receiving no distribution on account of their interest and cancellation of their interests. Under certain conditions specified in the Bankruptcy Code, a plan of reorganization may be confirmed notwithstanding its rejection by an impaired class of creditors or equity holders and notwithstanding the fact that equity holders do not receive or retain property on account of their equity interests under the plan. In light of the foregoing and as stated in its October 8, 2005, press release announcing the filing of its Chapter 11 reorganization cases, the company considers the value of the common stock to be highly speculative and cautions equity holders that the stock may ultimately be determined to have no value. Accordingly, the company urges that appropriate caution be exercised with respect to existing and future investments in Delphi's common stock or other equity interests or any claims relating to pre-petition liabilities.