Pinnacle Technology Group PLC Mobile Digital Services Agreement (2478I)
24 March 2015 - 6:01PM
UK Regulatory
TIDMPINN
RNS Number : 2478I
Pinnacle Technology Group PLC
24 March 2015
Pinnacle Technology Group PLC
("Pinnacle" or the "Company")
Mobile Digital Services Agreement
Pinnacle, the AIM listed provider of converged technology
solutions, is pleased to announce that is has entered into a
partnership agreement with O2, part of Telefonica (UK) Limited,
enabling the Company to provide O2's mobile, digital and accredited
public sector solution services to Pinnacle's client base. As part
of the agreement, Pinnacle will be joining the exclusive category
of O2's direct partner network and receive commercially
advantageous terms.
The deal builds on the existing relationship between Pinnacle
and O2 whereby, as an accredited supplier of mobile telephony
solutions for O2, Pinnacle offers a wide range of flexible tariffs
and contracts, with a variety of package options available.
This new agreement means that Pinnacle will partner with O2 in
supporting its digital ambitions and also be able to access its
digital supplier relationships- such as those with Microsoft and
McAfee.
This agreement also enables Pinnacle to provide public sector
organisations with a complete turnkey solution through the Public
Services Network (PSN) framework. O2, as the first mobile network
provider to become CAS(T) certified will, through its partnership
with Pinnacle, enable the Company to offer enhanced IT security to
the public sector. Taken together, Pinnacle's service offering
represents a strong proposition to the public sector and the
opportunity for the Company to meet the increasing market demand
for heightened security capabilities to deal with electronic
security threats.
Pinnacle CEO, Nicholas Scallan, said: "Our exciting partnership
with O2 is another demonstration of our on-going commitment to
offering clients technology, digital products and services that
will significantly enhance their business.
We further believe that being able to offer both existing and
new public sector clients PSN-assured services is highly
appropriate in the current climate, where cyber security is
increasingly important to both the public and private sectors."
For further information please contact:
Pinnacle Technology Group plc
Nicholas Scallan, Chief Executive
James Dodd, Non-Executive Chairman 0208 185 6393
N+1 Singer (Nominated Adviser and Broker)
Ben Wright
Richard Salmond 020 7496 3000
Beattie Communications 0844 842 5490
Chris Gilmour
David Walker
This information is provided by RNS
The company news service from the London Stock Exchange
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