Distribution Agreement

27 Oct 2008 15:31

SerVision plc (' SerVision ' or 'The Company')

Distribution Agreement

SerVision (AIM:SEV) is pleased to announce that it has signed a distribution agreement with Plenna Especialidades ('Plenna') a company based in Sao Paulo, Brazil. The agreement provides Plenna with the exclusive rights to distribute SerVision products in Brazil.

The agreement is for an initial term of six months, which may progress into a further twelve month contract at the agreement of both SerVision and Plenna. 

Gidon Tahan, Chairman and CEO, commented:

"This is another major territory to add to list of territories in which SerVision products are sold. We are delighted that Plenna have seen the benefits our technologies can bring, and we hope this will be the start of a profitable relationship."

For more information see www.servision.net 

- Ends -

Further enquiries:

SerVision plc +972 2535 0015

Eitan Yanuv, Finance Director

HB Corporate 020 7510 8598

Imran Ahmad/Rory Creedon

Threadneedle Communications 020 7936 9605

Graham Herring / Alex White