Servision PLC Regulatory News (SEV)

25 November 2010

SERVISION PLC

("SerVision" or "the Company")

New Distribution Agreement

SerVision (AIM: SEV), the AIM listed leading developer and manufacturer of digital security systems, is pleased to announce that it has entered into a distribution agreement with SYM Servicios Integrales S.A. de C.V. ("SYM") a provider of security alarm and monitoring systems in the Republic of Mexico (the "Agreement").

Under the terms of the Agreement, which is for an initial duration of 13 months, SYM has committed to an order schedule comprising a total of 2,000 units, spread over four purchase orders of 500 units each. SYM has committed to the purchase of the total of 2,000 units by 31 December 2011. SerVision received an initial order valued at $27,000 that, upon signing will count toward the first scheduled purchase order which is valued at $300,000 and must be submitted by SYM by 1 April 2011. On subsequent orders payment terms will be 50% in advance and 50% within thirty days from shipment of the products.

The products being supplied to SYM by SerVision fall across its entire range of Video Gateway solutions, including fixed and mobile commercial systems (SVG, UVG and MVG), home security (HVG) and body worn camera systems (CVG and CVG-M).

SerVision will provide SYM with limited exclusive distribution rights for its CVG-M and MVG 400 products in the Republic of Mexico. This period of limited exclusivity will remain in effect only until 1 April 2011 or until 500 products have been ordered. SYM has the option to extend the Agreement until 31 December 2012 if SYM increases its annual purchase commitment to SerVision by 25%.

Gidon Tahan, Chairman and CEO of SerVision, commented, "This is a very significant distribution agreement for SerVision as it consolidates our presence in Mexico where many Mexican cities are looking to improve security systems within their public and private transport infrastructure, as well as in the commercial property market. Our broad range of systems, particularly our robust mobile camera systems are amongst the most technologically advanced on the market due to our patented compression technology, which allows high quality, real-time video to be streamed across the mobile networks. This means they are suitable for a range of circumstances in helping to increase security and reduce crime."

-ends-

For further information: