SVR.L Regulatory News (SVR)

16 Mar 2009 07:00

16 March 2009

ServicePower Technologies PLC

("ServicePower" or the "Company")

ServicePower signs significant managed service contract with E.ON UK

ServicePower to Energise E.ON UK's Property Services Organisation

ServicePower (AIM: SVR), a market leader for outsourced service and field management, is pleased to announce a major contract with E.ON UK, one of the UK's leading integrated power and gas companies. E.ON UK Property Services, a division of E.ON UK, has contracted ServicePower to provide a complete managed service solution for its Home Energy Services business which offers inspection, maintenance and repair of domestic heating systems using a team of over 200 engineers. This is the largest such implementation to be managed by ServicePower with the project expected to be worth over £4 million in revenues over three years.

ServicePower will be working with key industry partners to deliver and manage E.ON's information and communications systems, which comprise a complete end-to-end solution including call centre and help desk technology systems, scheduling, dispatch, hosting, and mobile field solutions such as GPS and mobile communications.

"What was most attractive to us was that through ServicePower we could contract with a single partner for the delivery of a turnkey information and communications technology solution," commented Adrian Harvey, Managing Director of E.ON UK Property Services.

Mark Duffin, CEO of ServicePower, said "This is a significant project for us and we have succeeded in drawing together all of our partners' expertise to deliver a great service solution to E.ON. Implementation has already started and we aim to provide a fully live system in April 2009. This is an excellent indication of the growing demand in the market for complete managed service solutions, and our ability to be the leaders in that field."

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About ServicePower

ServicePower, currently publicly traded on the AIM market operated by the London Stock Exchange (AIM:SVR), allows companies to locate their employed field resources in the right geography, ensure they have the right mix of skills, and outside this geography create a network of independent, authorised service contractors whose costs are efficiently managed by our sophisticated warranty management software. The schedules and routes for both the employed field resources and the independent servicers are optimised by ServicePower's technology to ensure the right balance between the cost of operations and ensuring customers receive a superior service experience. Clients include GE, Avaya and Argos. 

For more information, please visit www.servicepower.com