CloudCoCo Regulatory News (CLCO)

31st July 2012

Pinnacle Technology Group plc

("Pinnacle" or the "Company")

Olympic and Paralympic Games - Update

Pinnacle Technology Group plc, (AIM: PINN) the AIM listed provider of cloud based technology solutions, is pleased to give an update on the services it is providing in support of the Olympic Games.

BBC Stratford Broadcast Tower

The BBC Stratford Broadcast Tower is a 22-storey building situated at the edge of the Olympic Park with commanding views overlooking the Olympic Stadium, the Aquatics Centre and the Orbit Tower.

Pinnacle is supplying BBC International with the resilient fibre connections; microwave back-up links, analogue and ISDN connectivity to the Stratford Broadcast Tower's offices, studios and production crews for the world's media. Pinnacle is also supplying IP telephone switchboards, telephone handsets and data connections.

All the services were installed on schedule ahead of the Games and Pinnacle is pleased to confirm that all its data networks are achieving top performance levels.

The Africa Village

Pinnacle is also pleased to announce that it is supplying satellite, data and WiFi connectivity to the Africa Village, consisting of Africa Land and Africa House. For the very first time in the history of the Olympic Games, the 53 African NOCs (National Olympic Committees) are hosting their own Village for the duration of the Games. Open to the publicAfrica Land is designed to highlight Africa's cultural, artistic and sports assets, with booths representing all African countries, as well as exhibitions, modern and traditional music concerts and folk dances.Alan Bonner, CEO of Pinnacle Telecom Group plc said, "We are delighted to be supporting the African National Olympic Committees in this innovative initiative. Our ability to deliver complex communications solutions on time and to budget has been crucial in our winning of both of these contracts to support different aspects of the Olympic Games and with all our data networks performing at excellent levels we are confident they will result in follow on contracts at future events.

All Company announcements & news can be found on http://www.pinn.uk.com

Notes to editors

About Pinnacle

Pinnacle Technology Group plc (AIM: PINN) focuses on the business market across the UK. Driven by leveraging organic opportunities as well as through targeted acquisitions. We provide a wide range of converged managed solutions including Managed Support Services, Unified Communications and Collaboration, Communications and Mobility, Software as a Service (SaaS) and Infrastructure services.

Broad experience, innovation and impartial expertise puts Pinnacle in best place to design and deliver cost effective new technology solutions for its customers. Pinnacle work with some of the most prestigious organisations in the UK, who rely on us to deliver robust technical solutions that deliver value.

The Company has very strong capability in advanced IT Security and is the UK and Ireland McAfee Partner of the Year, the EMEA CA Partner of the Year and a Platinum Partner for Sophos.

Pinnacle is a fully licensed Public Telephone Operator, has its own telephone network and interconnects with BT, Cable and Wireless and Virgin Media. 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.

The Group has grown its revenues by 886% since Pinnacle's involvement on the Alternative Investment Market in 2007 and aims to build a £50m business, by leveraging organic opportunities as well as through targeted acquisitions. We create solutions that join together a company's three core networks (IT network, telephony network and mobile network). Our strategy of cross-selling the five elements of our converged managed services offering is now delivering positive results.