Contract Win

RNS Number : 0550I

Pinnacle Telecom Group PLC

04 March 2010

 



Pinnacle Telecom Group plc

("Pinnacle" or the "Company")

Contract Win

PINNACLE WINS A CONTRACT TO SUPPLY TELEPHONY AND DATA TO MAJOR UK FESTIVALS AND OUTDOOR EVENTS.

Pinnacle, (AIM:PINN), the provider of integrated telecommunications solutions and services, is pleased to announce that through its subsidiary, Solwise Telephony Limited ("Solwise"), has won a contract to supply telephony and data services to a number of the UK's largest outdoor events and festivals in 2010. These include:

·     The Chelsea Flower Show	·     Glastonbury
·     Donington Download	·     T-in-the-Park
·     Evolution	·     Lattitude
·     Big Chill	·     Hyde Park Festival (London's Hard Rock Calling)
·     V Festivals	·     T4 on the Beach.
·     Leeds Festival	·     Shambala

Solwise recently provided the connectivity for the NME Music Awards and the New Year Thames Fireworks display and this new contract demonstrates our expertise in this field.

As Pinnacle continues to evolve its business from traditional telephony, into the next generation of Internet Protocol (IP) services, the contract win emphasises Pinnacle's ability to provide IP telephony and data to very large, remote and short term events. The contract is estimated to generate £150,000 of annual revenue.

Commenting on the new contract win, Alan Bonner, CEO of Pinnacle, said: "We have continued to make good progress following the acquisition of Solwise in January of this year. This latest contract win will see us deliver IP telephony and data, to some of the UK's largest outdoor events this year, including the Hyde Park festival in June, where Sir Paul McCartney will end his UK and Ireland tour.

4 March 2010

For further information please visit http://www.pinnacletelecomgroup.co.uk or contact:

Pinnacle Telecom Group plc
Alan J Bonner, Chief Executive	Tel: [phone]
Zeus Capital
Ross Andrews	Tel: [phone]
Bobby Fletcher

Notes to Editors

Pinnacle Telecom Group plc is a provider of integrated telecommunications, IT, Mobile and IP solutions serving the SME market. Operating across the UK, the Group provides a wide range of services to its clients, including telecommunications calls and access, broadband, mobile, IT integration and hosted services.

 

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