ICO Global Communications (Holdings) Limited (ICO) (NASDAQ: ICOG) has received notification from Nasdaq that for the last 30 consecutive business days the bid price of the Company’s Class A common stock on the Nasdaq Global Market has closed below the minimum $1.00 per share required for continued inclusion under Nasdaq Marketplace Rule 5450(a)(1). In accordance with this rule, the Company has 180 calendar days, or until March 15, 2010, to regain compliance with the rule. The Nasdaq Listing Qualifications Department informed the Company that if the bid price of the Company’s Class A common stock closes at $1.00 per share or more for a minimum of 10 consecutive business days, Nasdaq will provide written notification that the Company has achieved compliance with the rule.