Cloudcoco Regulatory News (CLCO)

17th July 2012

Pinnacle Technology Group plc

("Pinnacle" or the "Company")

Contract Win - British Open Golf

Pinnacle Technology Group plc, (AIM: PINN) the AIM listed provider of cloud based technology solutions, is pleased to announce that it has been awarded the contracts to supply the secure voice and data networks for the Johnnie Walker Championship, the Women's British Open and the Alfred Dunhill Links Championship.

Johnny Walker Tournament The Company is pleased to announce that is has been awarded the contract to supply the secure voice and data network, including broadcast media services, for the 2012 Johnny Walker Golf Tournament. Sponsored by Diageo, the 2012 Johnnie Walker Championship will be held over The PGA Centenary Course at Gleneagles, which is also the venue for the 2014 Ryder Cup, this is one of the leading events on The PGA European Tour International Schedule and will welcome some of the best golfers in the world to Gleneagles 23rd - 26th August.

Women's British Open

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 2012 Women's British Open. Sponsored by Ricoh, The 2012 Women's British Open will be held for the first time at Royal Liverpool in Hoylake, from 13th to 16th September.

Alfred Dunhill ChampionshipThe Company is also pleased to announce that is has been awarded the contract to supply the secure voice and data network, including broadcast media services, for the 2012 Alfred Dunhill Links Championship. With a prize fund of $5,000,000, this prestigious event has quickly become one of the premier events on The European Tour, as the greats of the game and the world of celebrity join in an entertaining union over three of Scotland's finest links courses - Carnoustie, Kingsbarns and St Andrew's between the 4th to 7th October 2012.The contracts have been awarded by IMG Group ("IMG") who will manage the events where Pinnacle will provide a full range of broadband, data and hosted voice services for IMG. IMG is a global sports and media business with 3,000 employees operating in 30 countries around the globe. IMG Media is the world's largest independent producer and distributor of sports programming.

Completed Contract - BBC Radio 1's Hackney WeekendPinnacle is pleased to announce that it successfully delivered the contract to provide the data connectivity for the broadcasting of BBC Radio 1's Big Weekend, which was held at Hackney Marshes on 23rd and 24th June 2012. BBC Radio 1's Hackney Weekend is the UK's biggest free-ticketed festival and was delivered utilising Pinnacle's fibre network which has been installed for BBC International's broadcast coverage of the Olympics at the Stratford Broadcast Tower; a 22-storey building situated at the edge of the Olympic Park with commanding views overlooking the Olympic Stadium. The BBC Radio 1 Weekend event was delivered from the Hackney stages to the Broadcast tower via a combination of 5.4GHz Point-to-Point WiFi and 1.4 Gbps wireless laser technology, making it the BBC's largest event ever broadcast over IP technology.

Commenting on the contracts, Alan Bonner, CEO of Pinnacle, said: "It is a privilege to be delivering repeat contracts for some of the UK's largest high-profile events and whilst we have a small involvement at the 2012 British Open for IMG, they have again trust us with the secure voice and data networks for the Johnny Walker Tournament, the Women's British Open and the Alfred Dunhill Championship. We look forward with confidence to working with IMG for a second year at these prestigious events. Our ability to deliver mission critical secure data circuits for broadcast coverage for complex and high profile events, is testament to the complex IP skills and knowledge within Pinnacle. The combination of 5.4GHz Point-to-Point WiFi and 1.4 Gbps wireless laser technology made our delivery of the BBC's Hackney Weekend the largest event ever broadcast over IP technology. We have made significant progress since the year end and continue to view the future with great confidence."

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.