CloudCoCo Regulatory News (CLCO)

15th Aug 2011

Pinnacle Telecom Group plc

("Pinnacle" or the "Company")

Contract Wins

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 public WiFi network and the voice and data network for the BBC's broadcasting coverage of the Edinburgh International Festival and the Edinburgh Festival Fringe.

Established in 1947, the Edinburgh Festival is the largest arts festival in the world and Pinnacle are providing telephone services, ISDN, data connections and the public and private WiFi connectivity, across the BBC sites for this year's festival. The BBC aims to broadcast more comedy and light entertainment this year than ever before.

The Company is also pleased to announce that is has been awarded the contract to supply the voice and data network, including broadcast media services, for the 2011 Johnny Walker Golf Tournament. This year marks the 10th anniversary of the event, which will be held at Gleneagles on 25th to 28th August.

The Company is also pleased to announce that is has been awarded the contract to supply the voice and data network, including broadcast media services, for the 2011 Alfred Dunhill Links Championship. This prestigious event is played across the 3 courses of St Andrews, Kingsbarns and Carnoustie and will be held on 29th September to 2nd October.

The Golf contracts have been awarded by IMG Group ("IMG"), a global sports and media business, founded in 1960 by Mark McCormack and golf legend Arnold Palmer, later acquired in 2004 by renowned entrepreneurial pioneer Ted Forstmann. IMG has 3,000 employees operating in 30 countries around the globe. IMG's Joint Ventures, IMG Reliance, IMX and IMG CCTV, in the emerging markets of India, Brazil and China, offer IMG significant long-term growth opportunities. IMG Media is the world's largest independent producer and distributor of sports programming. IMG Events and Federations owns and manages some of the most sought after events and includes long standing associations with the world's most important sports organisations, leagues, and federations.

Completed Contracts

The company is also pleased to announce that is successfully completed the contract from IMG to provide the voice and data connectivity for the Women's British Open which took place at Carnoustie from July 28th to July 31st 2011.

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.