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ServicePower Technologies Plc

("ServicePower" or the "Company")

Appointment of CEO

ServicePower Technologies Plc (AIM: SVR), a market leader in field management, is pleased to announce that Marne Martin has been appointed CEO of the Company.

On 26 July 2013, the Company announced that following the service of notice, unless an earlier date was agreed with the CEO at that time, Mark Duffin, his employment would come to an end on the expiry of his notice entitlement of 12 months and that he remained an employee of the Company until such time. Effective 10 September 2013, Mark Duffin resigned from the Board. Marne Martin, previously CFO, was named interim CEO on 26 July 2013, and subsequently CEO on 11 September 2013.

Discussions are underway regarding naming a Finance Director. In the interim, the Company benefits from a solid finance function including a CPA in the USA and a CIMA qualified accountant in the UK.

For further information, please contact:

ServicePower Technologies Plc FinnCap Newgate Threadneedle
Tel: 0161 476 2277 Tel: 0207 220 0500 Tel: 0207 653 9850
Marne Martin, Chief Executive Officer Geoff Nash / Charlotte Stranner Caroline Evans-Jones / Fiona Conroy
Lindsay Bury, Chairman    

About ServicePower

ServicePower Technologies Plc is the only company that can provide a complete, global field management platform that controls all elements of the service lifecycle from offering an appointment, assigning resource and dispatching work through to tracking resources, processing claims and providing business intelligence and analytical reports. With advanced intelligence-based scheduling, dispatch and open market auction software, as well as access to a global network of 86,000 repair and installation technicians, we enable companies to control and schedule work using a mixed resource pool of employees and independent contractors. ServicePower provides solutions that cross all industries. Current customers include Assurant Solutions, Mitsubishi, Farmers Insurance, and Pitney Bowes.

ServicePower is listed on the AIM market of the London Stock Exchange with the ticker SVR.L. For more information please visit www.servicepower.com

 

Jenniffer L. Breitenstein | Service Power
VP,Global Marketing With a BSBA from the University of Louisville, Jenniffer is a seasoned marketing professional whom has demonstrated success in creating and implementing revenue generating and cost saving products, services and programs, in the retail, manufacturing, third party administration, as well as the service and software industries. She has spent nearly 20+ years working in marketing, sales, partner management, product development and program management roles at companies including Accent Marketing, Service Net Warranty (now AIG Warranty), GE Consumer and Industrial's Warranty Management subsidiary, and later GE Capital. Prior to that, she worked in a number of marketing and management roles in various marketing companies. She is also a Six Sigma certified Green Belt and graduate of GE's Management Development Course.