SVR.L Regulatory News (SVR)

27 April 2015

ServicePower Technologies Plc

("ServicePower" or the "Company")

Three New Contract Wins

ServicePower Technologies Plc (AIM: SVR), a market leader in field service management technology, today announces that it has signed a contract with a leading US based manufacturer and marketer of automotive appearance protection products, PermaPlate Inc. ("PermaPlate"). It is also pleased to announce contract extensions with a leading UK loss adjusting and claims management company, and a global fire protection and security solutions firm.

Automotive Appearance Protection Products

PermaPlate, headquartered in Utah, manufactures and distributes appearance protection products that protect the interior and exterior surfaces of vehicles; it also underwrites vehicle appearance warranties. PermaPlate will use ServiceOperations to intelligently dispatch work to contractors in markets where service is required, as well as create robust claims payment authorisation processes for its experienced technician network. PermaPlate represents entry into a new vertical for ServicePower.

UK Loss Adjustment and Claim Management Company

A leading UK loss adjusting and claims management company, and long standing client of ServicePower, has extended its contract to include additional ServiceSchduling licenses. The addition extends the license to field based adjusters needed to support growth within its UK based business alongside the additional support and maintenance of ServiceScheduling. This client further demonstrates ServicePower's dominance in the insurance sector in the UK and North America.

Global Fire Protection and Security Solutions Company

A market leader in the global fire protection and security solutions industry also recently renewed and extended its ServiceScheduling contract with ServicePower. The renewal represents the first in an expected series of license increases needed to support new business units targeted for deployment in the second and third quarters of 2015. This client represents ServicePower's continued success in the fire and securities segment.

Marne Martin, CEO, ServicePower, stated "These three new contracts demonstrate that our connected field service management platform, is the solution of choice for organisations endeavoring to create the most efficient and scalable field service teams.

In particular, the PermaPlate contract is exciting as it represents yet another vertical for which our industry agnostic platform has been endorsed to support entirely new job types.

The other long standing clients that have placed their trust in our ability to support their organisations, also rely on ServicePower to support their growth with stable, intelligently built software. This continues to evolve creating new business opportunities for us all."

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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