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ServicePower Technologies Signs Contract Wins, Extensions Worth GBP2 Million

21st May 2014 10:14

LONDON (Alliance News) - ServicePower Technologies PLC said Wednesday it has signed a number of contract renewals, extensions and wins as it continues to grow its deployed product base across territories.

The deals, which add new clients and new territories as well as additional product implementations with a number of existing clients, are expected to generate approximately GBP2 million in the current financial year, said ServicePower Technologies.

The field management platform provider said that the contracts and extensions are with companies from a number of sectors, including a housing association in the UK which has launched the ServiceScheduling tool, integrated with its existing mobile workforce management software solution, to manage its field based repair technicians; a European alarm company, which provides security services to residential home owners in Europe, expanded ServiceScheduling to a new market; and a US provider of fire, security, and healthcare communications systems, which recently licensed ServiceScheduling for use with installation, service and inspection teams in the US market.

Also, Denver Global, an international manufacturer of engines used in consumer powered products such as mowers, snow blowers, generators, and water pumps, launched ServiceOperations in May, to process, adjudicate and issue payments for claims made by service providers for warranty work, said the company.

Shares in ServicePower Technologies were trading 2.76% higher at 7.45 pence per share Wednesday morning.

By Alice Attwood; [email protected]; @AliceAtAlliance

Copyright 2014 Alliance News Limited. All Rights Reserved.


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