SVR.L Regulatory News (SVR)

29 August 2012

ServicePower Technologies Plc

("ServicePower" or the "Company")

E.ON £1.2m Two-Year Contract Extension

ServiceScheduling & ServiceManagement enable complete managed service solution

to the Property Services division of E.ON

ServicePower (AIM: SVR), a market leader for outsourced service and field management, is pleased to announce a two-year extension worth £1.2m to its major contract with E.ON UK, one of the UK's leading integrated power and gas companies.

Under the agreement, ServicePower's ServiceScheduling and ServiceManagement solutions incorporating Solar Vista, Capita and SAGE will continue to provide the Property Services division of E.ON UK with a complete managed service solution for its Home Energy Services business. This E.ON UK division offers inspection, maintenance and repair of domestic heating systems.

ServicePower will work with these and other 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.

The original contract with E.ON UK was awarded in March 2009.

Mark Duffin, CEO of ServicePower, added: "We are delighted that E.ON UK has extended its contract for a complete managed service solution for its Home Energy Services business for a further two years. It is a testament to the quality of service and technology that ServicePower provides and our ability to work with several partners to deliver a successful turnkey solution, proving that we continue to be leaders in our field."

For further information, please contact:

About ServicePower

ServicePower Technologies Plc is the only company that can provide a complete, global field management platform that controls all elements of the service lifecycle from offering an appointment, assigning resource and dispatching work through to tracking resources, processing claims and providing business intelligence and analytical reports. With advanced intelligence-based scheduling, dispatch and open market auction software, as well as access to a global network of 86,000 repair and installation technicians, we enable companies to control and schedule work using a mixed resource pool of employees and independent contractors. ServicePower provides solutions that cross all industries. Current customers include Assurant Solutions, Mitsubishi, Farmers Insurance, and Pitney Bowes.

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