CloudCoCo Regulatory News (CLCO)

18th July 2011

Pinnacle Telecom Group plc

("Pinnacle" or the "Company")

Completed Contract Wins

Pinnacle Telecom Group plc, (AIM: PINN) the AIM listed provider of cloud-based technology solutions, is pleased to announce that it has successfully completed contracts to supply voice and data networks for the following high-profile events;

Latitude Festival - Held in Henham Park in Suffolk between 14th and 17th July 2011, Latitude is in its sixth year and included James Blake, Suede and Paolo Nutini in this year's line-up.

T IN THE PARK - Scotland's biggest and most successful outdoor music event, welcomed 85,000 music lovers to Kinross from 7th to 11th July 2011. This year's concert included Beyonce, Artic Monkeys, Pendulum and Tom Jones.

Glastonbury - Held at Worthy Farm in Somerset from Wednesday 22nd to Sunday 26th June 2011 and saw 135,000 people visit the event which included U2, Coldplay and Beyonce.

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.