LONDON (Alliance News) - Servelec Group PLC said its Servelec Technologies business has been awarded a patent for its access security software, which it said will reduce costs "significantly" for its customers.
The software company said the successful patent application for the 'Device Access Control Method' will mean less time is spent granting access for an individual across potentially thousands of individual remote telemetry units in geographically remote locations, thus lowering costs.
"I am excited to be able to announce this successful patent award as it further demonstrates our position as a leading edge technologies business, supporting international infrastructure providers," Andy Sullivan, Servelec Technologies managing director said.
Shares in Servelec were up 1.8% at 353.00 pence on Thursday.
By Hannah Boland; hannahboland@alliancenews.com; @Hannaheboland
Copyright 2016 Alliance News Limited. All Rights Reserved.


(ShareCast News) - Cairn Energy: Deutsche Bank upgrades to buy with a target price of 275p. Servelec Group: Berenberg reiterates buy, 391p target. A...


(ShareCast News) - UK-based Servelec has been awarded a contract by a major UK gas supplier to provide a remote operations solution for a gas platform...


FTSE Small Cap-listed software company Servelec Group has been awarded a new project worth 1m pounds to provide an updated production control system f...


LONDON (Alliance News) - Healthcare and automation technology company Servelec Group PLC Wednesday said its controls division had won two new contract...


LONDON (Alliance News) - Servelec Group PLC said Tuesday its Servelec Healthcare division has been awarded preferred supplier status for two NHS Trust...


FTSE Small Cap-listed software group Servelec Healthcare has been awarded preferred supplier status for mental health or community health services und...


LONDON (Alliance News) - Servelec Group PLC said Wednesday that it had traded in line with market expectations across both its Healthcare and Automati...


LONDON (Alliance News) - Servelec Group PLC said Wednesday that it had been awarded preferred bidder status by two NHS Trusts. The trusts are announci...


LONDON (Alliance News) - Servelec Group PLC posted broadly flat pretax profit for 2013 in its first results since listing on the London main market, a...


Ashtead Group: Citi raises target price from 850p to 1075p keeping a buy recommendation. Barratt Developments: Goldman Sachs reduces target price fro...