FCC Grants Milestone Extension To ICO.RESTON, Va. -- ICO ICO Icon (File Name Extension) ICO In Case Of ICO Information Commissioner's Office (UK) ICO Instituto de Crédito Oficial (Spain: Official Credit Institute) Global Communications (Holdings) Limited ("ICO") (NASDAQ NASDAQ in full National Association of Securities Dealers Automated Quotations U.S. market for over-the-counter securities. Established in 1971 by the National Association of Securities Dealers (NASD), NASDAQ is an automated quotation system that reports on :ICOG ICOG Independent Church of God ) today announced that the Federal Communications Commission Federal Communications Commission (FCC), independent executive agency of the U.S. government established in 1934 to regulate interstate and foreign communications in the public interest. ("FCC") has granted ICO's request for milestone extensions in connection with the construction and launch of ICO G1, the company's geostationary satellite for ICO North America. "We are extremely pleased to receive this milestone extension, and we thank the FCC for their timely consideration of our request," commented Tim Bryan, ICO's CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. . "We have expended over $310 million so far on our satellite and launch programs alone for ICO G1, and millions more on our terrestrial, device, and radio layer activities. We are grateful that we can continue our work to bring next-generation satellite services to the nation as soon as possible." The text of the milestone extension can be accessed through ICO's public filings at www.ico.com or www.sec.gov, as an attachment to ICO's Form 8-K dated February 5, 2007. ICO Global Communications (Holdings) Limited (www.ico.com) is a next-generation satellite communications company based in Reston, Virginia. ICO is developing an advanced hybrid system, combining both satellite and terrestrial communications capabilities, in order to offer wireless voice, data, video, and Internet services on mobile and portable devices. |
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