Serviced Office Grp (SVO) - Formation of strategic IT services relationship RNS Number : 5494K Serviced Office Group PLC 23 August 2012 Serviced Office Group plc (AIM: SVO) SVO forms strategic IT services relationship with SymVolli Serviced Office Group plc ("SVO" or the "Group") is an AIM-listed provider of flexible office space and IT solutions, which operates 23 business centres, predominantly in London and the South East The Group is pleased to announce that its IT services division, Streamwire, has agreed a three-year contract to deliver and support the SymVolli suite of offerings as a cloud-based service. SymVolli is a leading sales management and business optimisation system that helps organisations establish predictability, increase productivity, and maximize profitability within their business and sales activities to drive sustainable growth. Streamwire is a division of SVO, which was established to supply IT and technology services to both clients of the Group's business centres and to third party customers. Last month Streamwire won a major contract from Costain plc to provide IT support in connection with Costain's London Bridge Enhancement Programme, as part of the Thameslink upgrade programme. Anne Stokes, Strategy Director of Serviced Office Group commented: "We are delighted that SymVolli has chosen Streamwire as its infrastructure and deployment partner. This followed a detailed review of our capabilities, our approach to relationship management, and was on the basis of our reputation for providing pragmatic and affordable IT solutions." George Petri, Managing Director of SymVolli added: "Interest and demand for SymVolli, as a cloud-based system, has led us to an extensive review of the market to find the right infrastructure partner. Streamwire was able to demonstrate that it is a robust organisation able to deliver what we are looking to achieve at the right price, and with a personal touch which made us feel confident of their ability to deliver. During the time that we were testing the system with Streamwire, their team has proved receptive and responsive to what we were doing. This gave us confidence in deciding to put delivery of our system in their hands." 23 August 2012 ENQUIRIES: Serviced Office Group plc Tel: 020 7550 5500 Michael Kingshott, Managing Director Anne Stokes (firstname.lastname@example.org) Cubitt Consulting Tel: 020 7367 5100 Gareth David This information is provided by RNS The company news service from the London Stock Exchange END NRAGCGDIIDDBGDD -0- Aug/23/2012 06:02 GMT
Serviced Office Grp SVO Formation of strategic IT services relationship
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