Pinnacle Technology Group plc announced that Bill Allan and John Anderson decided to retire from the Board and did not be seek re-election at the AGM on March 26, 2013. The company also announced that Dr. James Dodd was appointed as Non-Executive Chairman, succeeding Bill Allan. James has over 30 years' experience in both public and private equity markets focusing on telecommunications and related technology industries.

He has participated in many of the TMT financings including the privatisation of BT and other European PTTs, and the IPOs of a host of new operators such as Telewest, COLT, Orange, Energis etc. and a number of smaller IT IPO and venture fundings. James was the Founder and Chairman of ETT, a data networking company which he led through several financing rounds and which was successfully acquired by Global Telecom and Technology Inc. (OTC BB: GTLT).

From 2002 to 2012, James was Co-founder and a Managing Director of Anthem Corporate Finance, which successfully conducted a variety of M&A, and financing transactions in the TMT and other sectors. Dr. Tom Black was appointed as Non-Executive Director, succeeding John Anderson. Tom is co-founder and Executive Chairman of Digital Barriers plc, an AIM-listed business focussed on the surveillance sector and which operates in the global Homeland Security Market.

Prior to setting-up Digital Barriers in 2009, Tom spent over 20 years with Detica Group plc, following studies at the Universities of Strathclyde and Oxford. He joined the business in 1984 and was appointed Chief Executive in 1995. Tom then led the £12 million management buyout of Detica in 1997 and the Group's flotation on the London Stock Exchange in April 2002.

He then oversaw the acquisition of Detica by BAE Systems in 2008 for £538 million. Tom is also a Non-Executive Director of Herald Investment Trust plc, a Director of Grantdean Ltd. and Vantage Racing Ltd, and a trustee of the Black Family Charitable Trust.