Contract Win - T IN THE PARK

RNS Number : 5060H

Pinnacle Telecom Group PLC

31 May 2011

 



31st May 2011

 

Pinnacle Telecom Group plc

("Pinnacle" or the "Company")

Contract Win

T IN THE PARK

Pinnacle Telecom Group plc, (AIM: PINN) the AIM listed provider of cloud-based technology solutions, is pleased to announce that it has been awarded the contract to supply the voice and data network for T IN THE PARK, which takes place at Balado near Kinross, from July 8^th to July 10th 2011.

T IN THE PARK is Scotland's biggest and most successful outdoor music event, welcoming 85,000 music lovers to Balado to watch 200 artists perform across 11 stages, this year's festival includes Beyonce, Artic Monkeys, Pendulum, My Chemical Romance, Tom Jones, KT Tunstall, Blondie, Foo Fighters and The Strokes.

Completed Contracts

Chelsea Flower Show

The company is also pleased to announce that is successfully completed the contract to provide additional connectivity for the Chelsea Flower Show, which took place on the 24^th to 28^th May 2011.

For further information please contact:
Pinnacle Telecom Group plc
Alan J Bonner, Chief Executive	0845 180 74 74
Zeus Capital Limited
Ross Andrews	0161 831 15 12
Rivington Street Corporate Finance Limited
Jon Levinson & Peter Greensmith	0207 562 33 89
All Company announcements & news can be found at:	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 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. Pinnacle are seeking to acquire and grow businesses to bring together the four main elements of; traditional telephony, hosted cloud based services, IT support and data centres. A particular target area is data centres, where the combination of recurring revenue and a platform to expand our hosted cloud based services, would create a compelling earnings enhancing proposition. A strategic acquisition in this area would potentially be transformational and as data centres are worldwide, we are widening the search parameters.

 

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