Servelec Group Regulatory News (SERV)

23 December 2015

Servelec Group plc

("Servelec" or the "Company")

Servelec Healthcare awarded preferred bidder status

The Directors of Servelec Group are pleased to announce that Servelec Healthcare has been awarded preferred bidder status for the supply of an Acute PAS using our Oceano product. This is the first Acute system to be awarded to the Group under Lot 1 of the NHS Shared Business Services (NHS SBS) framework on which Servelec Healthcare is accredited on all six lots. The award is subject to contract agreement, but once the contract is finalised delivery of Oceano PAS will be in 2016/2017.

This announcement will have no impact on 2015 numbers, but will be beneficial in subsequent years.

Alan Stubbs, Chief Executive, commented:

"This is a tremendous step forward for Servelec Healthcare's journey with Oceano into the Acute Healthcare market on top of our proven success in Mental Health, Community Health and Child Health with our RiO product." 

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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 segments; Servelec Health & Social Care and Servelec Automation:

- Servelec Health & Social Care specialises in the design, development and implementation of Electronic Patient Record (EPR), Patient Administration Systems (PAS) and Patient Flow within secondary care settings and Case Management (CM) software within Adults and Childrens social care settings. Servelec is a market leader in the mental health, community health and social care sectors in England.

- Servelec Automation comprises Servelec Controls and Servelec Technologies and provides complex, mission-critical control systems to large blue-chip companies mainly in the UK, focusing on the oil & gas, power & nuclear, 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.