Last checked at 16 Aug 2010 07:00
Pinnacle Telecom Group plc
("Pinnacle" or the "Company")
Contract Win and Successful Completion of Contracts
Contract Win - Papal Visit
Pinnacle Telecom Group plc, (AIM: PINN) the AIM listed provider of integrated telecommunications solutions, is pleased to announce that it has successfully won a contract to supply temporary voice and data networks to cover the four-day visit to the UK of Pope Benedict XVI.
The contract will commence on the Pope's visit to Scotland on September 16th, where he will be received by Her Majesty The Queen in Edinburgh, before travelling to Glasgow, where he will celebrate an evening open-air Mass at Bellahouston Park, he will then fly from Glasgow to London. Amongst many other engagements whilst in London, the Pope will celebrate Mass in Westminster Cathedral. On Sunday 19th September, the pope will travel to Birmingham to celebrate the beatification of Cardinal John Henry Newman, which will be held in Cofton Park, before returning to Rome from Birmingham Airport.
Pinnacle's circuits will be used for security services and to broadcast sound for the BBC, as well as church radio stations. The Papal visit will take the total number of temporary and remote circuits provided for the BBC in 2010, to around 400.
Contracts completed - The Big Chill Festival
The Company is also pleased to announce that it has successfully completed a contract to provide a temporary voice and data network for The Big Chill Festival in Eastnor Castle, Herefordshire. The Company also has further contracts in August to supply - V Festivals in Weston Park - Staffordshire, V Festivals in Hylands Park - Chelmsford, Leeds Festival, Reading Festival and Shambala Festival.
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.