Completed Contracts

RNS Number : 8815P

Pinnacle Telecom Group PLC

26 July 2010

 



Pinnacle Telecom Group plc

("Pinnacle" or the "Company")

Successful Completion of Contracts

 

Contracts completed

Pinnacle Telecom Group plc, (AIM: PINN) the AIM listed provider of integrated telecommunications solutions, is pleased to announce that it has successfully completed another two high-profile contracts to provide temporary voice and data networks for major UK outdoor events. The completed contracts were for Latitude Festival and T in the Park. The Company have further contracts in August to supply The Big Chill Festival, V Festivals, Leeds Festival and Shambala Festival.

Issue of Research Report

Pinnacle is also pleased to announce that Growth Equity & Company Research has today published a research note on the Company, which is available on the Company's website www.pinnacletelecomgroup.co.uk.

Please follow the link below to view the Research Report;

http://www.rns-pdf.londonstockexchange.com/rns/8815P_-2010-7-25.pdf

For further information please contact:

Pinnacle Telecom Group plc

Alan J Bonner, Chief Executive                         0845 119 2100

Zeus Capital Limited

Ross Andrews                                                     0161 831 1512

Rivington Street Corporate Finance Limited

Jon Levinson & Leo Godsall                             0207 562 3389

All Company announcements & news can be found at http://www.pinnacletelecomgroup.co.uk

About Pinnacle

Pinnacle Telecom Group plc (AIM: PINN) is a value added, solutions based provider of integrated telecommunications services including IP solutions. It focuses on the SME market across the UK, where it provides a wide range of communications solutions including telecommunications calls, access and consultancy, IT support, mobile solutions - both voice and data and hosted broadband voice services.

Pinnacle (previously Glen Group plc) underwent a fundamental restructuring during late 2007 - a process that took over two years to show concrete results - and which included the disposals of Eclectic and inGroup and a focus toward recurring revenue streams (88% of revenues in 2009 up from 33% in 2008) from non-recurring projects. Pinnacle is a fully licensed Public Telephone Operator, has its own telephone network and interconnects with BT, Virgin Media and THUS. 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.

Pinnacle's strategy is to be a SME focused, value added, solutions based provider of converged communications services, driven by leveraging organic opportunities as well as through targeted acquisitions. 

 

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