SVR.L Regulatory News (SVR)

1 July 2015

ServicePower Technologies Plc

("ServicePower" or the "Company")

ServicePower announces Contract Extension

North American Fire and Security Company expands contract to support its commercial installation business

ServicePower Technologies Plc (AIM: SVR), a market leader in field service management technology, is pleased to announce that it has extended its contract with a leading North American Fire and Security company to provide ServiceScheduling to its commercial installation business.

Recognizing the improvements in productivity and efficiency that ServicePower field service management software provides to their repair business, our client has extended its license to support approximately 1000 commercial installation technicians in the North American market. ServiceScheduling will provide intelligent, intra-day routing optimization technology to the commercial installation group in support of its expanding market share. The ServicePower workforce management platform also positions the client to support its line of smart, connected products, through future integration of ServicePower's M2M Connected Services.

Marne Martin, CEO, ServicePower, "This client recognized that its field based installation team can benefit from the same best in class routing optimization that they'd used for years within its residential and commercial repair business. ServiceScheduling not only improves the efficiency and productivity of its installation technicians, it also improves customer satisfaction through real time appointment booking and improved schedule compliance."

"We are pleased to support this new line of business. Our field service management platform has been developed to support any industry and any job type. As we continue to drive innovation within our products, with improved optimization in ServiceScheduling, new dynamically presented forms in ServiceMobility, and continued focus on creating new alliances with technology partners, ServicePower is truly the best field service management product on the market, both for today, and for the future."

For further information, please contact:

About ServicePower

ServicePower, the acknowledged leader in Optimization Technology, provides an innovative global, fully mobilized field service management software platform used by field service organizations such as Mitsubishi, Farmers Insurance, AIG Warranty and Pitney Bowes to improve productivity and efficiency, intelligently schedule appointments, SLA and complex jobs, as well as parts. Our platform focuses on solving fundamental field service problems with patented routing optimization, M2M connected services, 3rd party dispatch and warranty claim payments, cutting edge mobile technology, robust business intelligence and asset tracking.

ServicePower is listed on the AIM market of the London Stock Exchange with the ticker SVR.L. For more information please visit www.servicepower.com