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Servelec Healthacre on major new framework

18th Feb 2015 07:00

RNS Number : 1524F
Servelec Group plc
18 February 2015
 

18 February 2015

Servelec Group PLC

("Servelec" or the "Company")

Servelec Healthcare awarded a position on a major new procurement framework

 

 

The Board of Servelec Group plc is pleased to announce that it has been awarded a position on a major new procurement framework that has been developed by leading business support specialist NHS Shared Business Services for use across the NHS.

 

The framework provides Trusts with a rapid procurement route and a focus on a comprehensive set of functional requirements that enable users to localize their requirements. It also provides value for money and systems integration. The framework has six lots: Core PAS; ED Emergency; Theatres, Child Health; Maternity; and E-prescribing.

 

Servelec Healthcare has been placed across all six lots on the framework with consistently high scores in the selection process, an indication of the strength of Servelec Healthcare's strong product capabilities and reference ability in the market.

This is a significant step for Servelec Healthcare as it will enable NHS Trusts to save time and money when procuring new solutions by avoiding the need to go through the full OJEU process.

The Board estimates that this creates an addressable market of over £500m. It is expected that tender activity against the framework will begin in the first half of 2015.

Alan Stubbs, Chief Executive, commented:

"We are delighted to have been awarded a position for all six lots on this very important procurement framework. It is a critical step forward as we focus on capitalising on the substantial growth opportunity we have identified in the North Refresh."

 

 

For further enquiries, please contact:

 

Servelec Group plc

Alan Stubbs, Chief Executive Officer

Mike Cane, Chief Financial Officer

Holly Smart, Investor Relations

 

+44 (0) 1246 437 400

 

Investec Bank plc

Andrew Pinder / Dominic Emery

Patrick Robb / Sebastian Lawrence

 

+44 (0) 207 597 5097

Tulchan Group

James Macey White

Christian Cowley

+44 (0) 20 7353 4200

 

 

Notes to Editors

 

Servelec Group plc is a UK-based technology group, with significant intellectual property, providing software, hardware and services predominantly to the UK healthcare, oil & gas, nuclear, power, water, utilities and broadcast sectors.

 

Servelec has two operating divisions; Servelec Health & Social Care and Servelec Automation:

 

- Servelec Health and Social Care specialises in the design, development and implementation of Electronic Patient Record (EPR) and Patient Administration Systems (PAS) and Social Care Case Management software within secondary care and social care settings and is a market leader in the Mental Health, Community Health and Social Care sectors in England.

 

- Servelec Automation provides complex, mission-critical control systems to large blue-chip companies mainly in the UK, focusing on the oil & gas, nuclear, power, water, utilities and broadcast industries. Servelec Automation also provides services from consultancy through to design, implementation, delivery, installation and on-going customer support and maintenance.

This information is provided by RNS
The company news service from the London Stock Exchange
 
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