SVR.L Regulatory News (SVR)

3 November 2014

ServicePower Technologies plc

("ServicePower" or the "Company")

Global contract extension with Data Management Company

ServicePower (AIM: SVR), a market leader in field management software, is pleased to announce it has signed an extended contract with a leading data management company. The contract extension is worth approximately $4.5 million over 5 years, and expands ServicePower's engagement with the customer from its initial deployment in the US into an additional 20 countries.

The client, a direct mail, transactional mail, call centre communications and digital messaging technology solution provider, extended its contract with ServicePower for the deployment of ServiceScheduling as its global solution for localised routing optimisation. The solution will be deployed from the cloud and hosted on Amazon Web Services.

ServiceScheduling is integrated into the ServiceMax software suite which enhances its optimisation capabilities providing the client with a single, unified, field management solution based on Force.com technology.

Marne Martin, CEO of ServicePower, commented "This contract is with a long term, valued client that is seeking to gain the benefits from ServiceScheduling throughout their global business. I'm delighted with their continued confidence in ServicePower. Recent extended localisation of our product set positions us well to support growth of services around the world. The opportunity to deploy our products within the Force.com ecosystem enables us to provide a single vendor solution, as well as extend our footprint within the global Force.com community. We likewise look forward to supporting the client's future field service requirements with the continuing innovations we're making in our product platform."

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About ServicePower

ServicePower, the acknowledged leader in Optimisation Technology, provides an innovative global, fully mobilised field service management software platform used by field service organisations such as Assurant Solutions, 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 optimisation, 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