Trading Update, Board Change, Notice of Results

ServicePower Technologies Plc

("ServicePower" or the "Company")

Trading Update, Board Changes and Notice of Results

ServicePower Technologies Plc (AIM: SVR), the only company that provides a complete, global, mobile, field management platform is pleased to give an update on trading for the six month period ended 30 June 2013.

The Company has enjoyed improved trading during the period with revenues approximately 35% ahead of the same period, with a significantly reduced loss. With the benefit of a foreign exchange gain, ServicePower expects to return to profit in the six months to 30 June 2013.

A number of new ServiceOperations contracts were secured in the period, in both the US and UK, including with a well known British department store group, and several blue chip companies signed contracts for the Company's recently enhanced Mobility offering. These contracts add to the strong levels of recurring revenues generated by the business, which is complemented by the strengthening pipeline.

Enhancements to the product platform continued in the period, including the launch of version 2.0 of ServiceBroker, which provides a common user interface that enables customers to access the end to end field service management platform offered by ServicePower, something unmatched in the industry.

Board Changes

The Company announces that, following the service of notice, unless an earlier date is agreed with the current CEO, Mark Duffin, his employment will come to an end on the expiry of his notice entitlement of 12 months. Mark is on gardening leave and continues to be a director and employee of the Company. Discussions are taking place as to Mark's departure from the Company.

Marne Martin, CFO, will act as interim CEO.

Notice of Interim Results

ServicePower will be announcing its Interim Results on 11 September 2013.

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.

For more information please visit www.servicepower.com