SVR.L Regulatory News (SVR)

18 July 2016

ServicePower Technologies Plc

("ServicePower" or the "Company")

New Contract Announcement

Barron McCann executes contract for schedule and route optimization

ServicePower Technologies Plc (AIM: SVR), a market leader in mobile workforce management technology, is pleased to announce that it has signed a multi-year contract with Barron McCann to provide its ServiceScheduling route and schedule optimization for an estimated contract value in excess of £150,000.

Barron McCann is an independent IT service provider that specialises in the installation, support and disposal of distributed IT systems, across multiple platforms and environments, for large retailers, hospitality, charitable organisations, government departments, IT hardware and software companies.

In support of its mandate to consistently deliver quality service, it has selected ServicePower's mobile workforce management platform to provide route and schedule optimization for its European based field service team of installation, repair, maintenance and support personnel.

Neil Truan, Operations Director, Barron McCann: "Barron McCann is well-known and respected across the industry for the exceptional quality of service delivery provided and the professionalism we enforce at every stage of the customer journey. ServiceScheduling will not only maximize the productivity and efficiency of our staff, but will improve capacity planning and visibility throughout the entire service delivery process, ultimately enhancing the overall customer experience. ServicePower also provides Barron McCann with the ability to grow the technology with our rapidly growing and evolving business model, through the deployment of mobile dispatch, M2M connectivity and operational intelligence, when we require."

Marne Martin, CEO, ServicePower: "Barron McCann is a solid addition to the ServicePower client ecosystem. We look forward to the IT service provider realizing great benefits from our patented optimization technology, including increased productivity and reduced costs as well as improved customer satisfaction through real time appointment booking and improved schedule compliance. Our mobile workforce management software will also provide Barron McCann with the ability to deploy additional features as their business model changes or new technologies emerge. We're excited to add this new European client to our portfolio."

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About ServicePower

ServicePower, the acknowledged leader in Optimization Technology, provides an innovative global, mobile workforce management software platform used by field service organizations 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 http://www.servicepower.com/