Contract Wins - CNN - Royal Wedding

RNS Number : 4111F

Pinnacle Telecom Group PLC

26 April 2011

 



25th April 2011

Pinnacle Telecom Group plc

("Pinnacle" or the "Company")

Further Contract Wins

Royal Wedding

Pinnacle Telecom Group plc, (AIM: PINN) the AIM listed provider of cloud technology based telecommunications solutions, is pleased to announce that it has been awarded three further contracts to supply network connectivity, which will allow major international news networks to broadcast coverage of the Royal Wedding between Prince William and Kate Middleton which takes place on Friday, April 29th, 2011.

Pinnacle will provide voice and data networks opposite Buckingham Palace at Canada Gate, the Mall and Horse Guards Road, along Whitehall and Downing Street and opposite Westminster Abbey, for CNN (USA), Seven Network (Australia) and Global Television Network (Canada).

Commenting on the new contracts, Alan Bonner, CEO of Pinnacle, said: "The Royal Wedding between Prince William and Kate Middleton is likely to be Pinnacle's highest-profile event of the year. We were delighted to report in February that we would be delivering the communications network for the BBC's coverage, adding another three broadcaster's is icing on the cake. CNN is available to 100 million US households and 212 countries around the world. Seven Network is the highest rating television network in Australia and Global Television Network is currently Canada's number-two broadcast television network. The addition of these International Broadcasters as clients clearly reflects the position that Pinnacle is building as a trusted supplier to the broadcast industry."

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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