Completed Contracts - Olympic & Paralympic Games

RNS Number : 9450L

Pinnacle Technology Group PLC

11 September 2012

 



11th September 2012

Pinnacle Technology Group plc

("Pinnacle" or the "Company")

Completed Contracts - Olympic & Paralympic Games

Pinnacle Technology Group plc, (AIM: PINN) the AIM listed provider of cloud based technology solutions, is delighted to announce that it has successfully completed its contracts associated with broadcasting for the Olympic & Paralympic Games.

For BBC International, Pinnacle supplied a fully resilient gigabit fibre network over 5 floors of the Stratford Broadcast Tower. In a separate tower block near the Olympic Park, Pinnacle installed and maintained another fully resilient gigabit private fibre network for Al Jazeera, including equipment to stream encrypted Olympics HD television broadcasts from Stratford to the Al Jazeera Knightsbridge centre, for forward transmission onto the Middle East.

In total, Pinnacle supplied services to 31 countries, which included Brazilian broadcasters Globosat and Globo Sports. Brazil will host the 2016 Olympic and Paralympic Games.

Commenting on the completed contracts, Alan Bonner, CEO of Pinnacle, said: "Delivering the Olympic contracts has been profitable, but importantly, it has also enabled us to upgrade elements of the Pinnacle core network, including the provision of further gigabit infrastructure, new power generation systems and additional satellite capability. 1.4 Gbps wireless laser technology and WiFi systems which provide 100% coverage across 7 floors in buildings with 9" steel reinforced concrete walls, have been tested and deployed throughout the duration of the Olympic and Paralympic Games. In total, Pinnacle supplied services to 31 countries, spanning 5 miles of cabling. I am extremely proud of our staff, all of whom have worked tirelessly to make sure that Pinnacle successfully completed our contracts associated with the Olympic and Paralympic Games."

All Company announcements & news can be found on http://www.pinn.uk.com

For further information please contact:
Pinnacle Telecom Group plc
Alan J Bonner, Chief Executive	0845 180 74 74
Zeus Capital Limited
Ross Andrews/Paul Horrocks	0161 831 15 12
Newgate Threadneedle
Caroline Evans-Jones/ Robyn McConnachie	0207 653 98 50

Notes to editors

About Pinnacle

Pinnacle Technology Group plc (AIM: PINN) focuses on the business market across the UK. Driven by leveraging organic opportunities as well as through targeted acquisitions. We provide a wide range of converged managed solutions including Managed Support Services, Unified Communications and Collaboration, Communications and Mobility, Software as a Service (SaaS) and Infrastructure services.

Broad experience, innovation and impartial expertise puts Pinnacle in best place to design and deliver cost effective new technology solutions for its customers. Pinnacle work with some of the most prestigious organisations in the UK, who rely on us to deliver robust technical solutions that deliver value.

The Company has very strong capability in advanced IT Security and is the UK and Ireland McAfee Partner of the Year, the EMEA CA Partner of the Year and a Platinum Partner for Sophos.

Pinnacle is a fully licensed Public Telephone Operator, has its own telephone network and interconnects with BT, Cable and Wireless and Virgin Media. It has its own hosted voice (VoIP) platforms and engineers and owns Scotland's oldest ISP and a founder member of Nominet, operating from its data centres in Glasgow, London and Brighton.

The Group has grown its revenues by 886% since Pinnacle's involvement on the Alternative Investment Market in 2007 and aims to build a £50m business, by leveraging organic opportunities as well as through targeted acquisitions. We create solutions that join together a company's three core networks (IT network, telephony network and mobile network). Our strategy of cross-selling the five elements of our converged managed services offering is now delivering positive results.

 

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