Contract expansion

RNS Reach

24 November 2014

ServicePower Technologies Plc

("ServicePower" or the "Company")

A leading property management company expands deployment of ServiceScheduling

ServicePower Technologies Plc (AIM: SVR), a market leader in field service management software, is pleased to announce a global financial and professional services firm operating within the property sector, has expanded its utilisation of ServiceScheduling and ServiceStats to three new territories around the world.

The flexibility of ServicePower's software platform, as well as its extensive globalisation, has enabled the client to expand the use of the software into new geographies in support of its field based operations. As such, the client has extended utilisation of ServiceScheduling and ServiceStats to Brazil, Mexico and France.

ServicePower's connected field service management platform enables the client to schedule field based resources more efficiently, to fully mobilise field based processes and to monitor activities in real time around the globe. ServicePower's platform also enables the client to standardise process and corporate metrics in support of global business goals.

Marne Martin, CEO of ServicePower, commented "This client, a strategic win for ServicePower, continues to validate our investment in the globalisation of our software platform, as well as continued innovation in product features in support of new verticals, like property management.

"We are seeing a significant increase in demand across the globe for not only our industry acknowledged scheduling and mobile technology, but also growth in demand for M2M Connected Services and Smart Scheduling Broker. As more and more assets are connected to the web, more field service organisations are seeking the seamlessly integrated M2M Connected Services that ServicePower provides."

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About ServicePower

ServicePower, the acknowledged leader in Optimisation Technology, provides an innovative global, fully mobilised field service management software platform used by field service organisations such as Assurant Solutions, Mitsubishi, Farmers Insurance, AIG Warranty and Pitney Bowes to improve productivity and efficiency, intelligently schedule appointments, SLA and complex jobs, as well as parts. Our platform focuses on solving fundamental field service problems with patented routing optimisation, M2M connected services, 3rd party dispatch and warranty claim payments, cutting edge mobile technology, robust business intelligence and asset tracking.

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