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January 31, 2013 - Landmark Global Contract Win

31 January 2013

ServicePower Technologies Plc

Landmark Global Contract Win

ServicePower Technologies Plc (AIM: SVR), a market leader in field management, is pleased to announce that it has secured a landmark global contract for its ServiceScheduling software with one of the world’s leading providers of unified communications solutions. This global contract, covering EMEA, North and South America, demonstrates both the competitive strength of the ServicePower software and the scalable nature of its platform.

The three year license contract is expected to deliver minimum revenues over the three year period of between £0.7m and £1.2m, depending on the scope and timing of the geographic roll-out.

After a very competitive evaluation and bidding process, the client chose to commence implementation of ServiceScheduling’s dynamic scheduling and optimisation, as well as ServicePlanner and ServiceAnalytics, in support of a significant workforce management improvement project. ServiceScheduling is expected to be rolled out to locations in EMEA, as well as North America and South America, over the term of the contract.

Mark Duffin, CEO of ServicePower, commented, "Selection of the ServiceScheduling product as the foundation of this leader in unified communications’ workforce improvement efforts in EMEA, North and South America is a testament to the power and versatility of our global field management platform. We are delighted to be working with such a leading global firm and believe that this contract will serve as a fantastic flagship implementation for us as we seek to replicate the deal with other multinational organisations.”

For further information, please contact:

ServicePower Technologies Plc FinnCap Newgate Threadneedle
Tel: 0161 476 2277 Tel: 0207 220 0500 Tel: 0207 653 9850
Mark Duffin, Chief Executive Officer Marc Young Caroline Evans-Jones
MarneMartin, Chief Financial Officer Charlotte Stranner Fiona Conroy

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

 

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