SVR.L Regulatory News (SVR)

10 July 2015

ServicePower Technologies Plc

("ServicePower" or the "Company")

ServicePower Partners with Chilean Reseller Semit IT Solutions

New partnership will provide optimized workforce management solutions to customers in Chile and the Latin American Market

ServicePower Technologies Plc (AIM: SVR), a market leader in workforce management software, today announced that it has signed a strategic partnership with Semit IT Solutions, a leading IT business services company in Chile.

Semit IT Solutions provides technology solutions to companies in the Latin American market, including ERP implementation services, software development and testing, project management, and outsourced IT services. Through its new partnership with ServicePower, Semit will provide sales and implementation services for its Connected Field Services platform including ServiceScheduling and its mobile workforce product, ServiceMobility. Previously designated as a reseller by another field service management vendor, Semit's domain expertise is well suited to bring ServicePower's industry acknowledged, best-in-class optimization engine to the Latin American marketplace.

José Luis López Aspee, CEO, Semit IT Solutions stated, "Having worked with other FSM products over the years, we sought a new partner that could provide innovative optimization and cross-platform mobile dispatch products to our customers. The partner needed to continuously enhance its products to take advantage of the new technologies like IoT, M2M, wearables and even NFC tags. We needed a long-term partner whom we could confidently take into our client base with the promise of creating a solution that evolved with their businesses, providing a solution for today and tomorrow. ServicePower is that partner."

Marne Martin, CEO, ServicePower, stated "Semit is an exciting partnership for ServicePower. We've long recognized the need for our workforce management software in Latin America. Semit positions ServicePower to take advantage of growth in the Chilean and Latin American marketplaces, while providing field service organizations there with the cutting edge technology they require to compete on a global stage. Semit reinforces our continued commitment to a robust, global partner ecosystem, which will enable ServicePower to achieve growth through strategic technology and geographical partners, in addition to our own organic sales."

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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 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