ServicePower Tech. SVR Software Licence Agreement with Bella Solutions

  ServicePower Tech. (SVR) - Software Licence Agreement with Bella Solutions

RNS Number : 6078Q
ServicePower Technologies PLC
08 November 2012

8 November 2012


                        ServicePower Technologies Plc

                      ("ServicePower" or the "Company")


               Bella Solutions, Inc Software Licence Agreement


ServicePower (AIM:  SVR), a  market leader  for outsourced  service and  field 
management, is pleased to announce the purchase of a source code licence  from 
Bella  Solutions,  Inc.  for  its  service  management  software  for  service 

Under the licence  agreement, ServicePower will  host its own  version of  the 
software and will further develop  it to provide a hosted,  subscription-based 
service  management  application  to   its  network  of  independent   service 

The software enables  a service  provider to efficiently  manage work  orders, 
employees, subcontractors,  inventory, marketing  and finance  with  dashboard 
reporting on all these activities. A client portal provides access to  pending 
work orders and gives the ability to a client to request a work order in  real 
time. The product  is a Software-as-a-Service  (SaaS) based application  which 
can be accessed from any web-enabled desktop or handheld device

Mark Duffin, CEO of ServicePower,  added: "This software further enhances  our 
ServiceMarket  platform  by  offering  our  network  of  independent   service 
providers a comprehensive,  low cost  software application with  which to  run 
their businesses more efficiently. It creates a new recurring revenue  channel 
for ServicePower, and  our clients will  reap the benefits  of better  managed 
service providers, but, more importantly, they  will have access in real  time 
to the status of work dispatched through our platform."

For further information, please contact:

ServicePower Technologies Plc        FinnCap            Newgate Threadneedle
Tel: 0161 476 7762                   Tel: 0207 220 0500 Tel: 020 7653 9850
Mark Duffin, Chief Executive Officer Marc Young         Caroline Evans-Jones
                                     Charlotte Stranner Fiona Conroy

About ServicePower

ServicePower Technologies Plc is the only company that can provide a complete,
global field management  platform that  controls all elements  of the  service 
lifecycle from  offering an  appointment, assigning  resource and  dispatching 
work through to tracking resources,  processing claims and providing  business 
intelligence  and   analytical  reports.   With  advanced   intelligence-based 
scheduling, dispatch and open market auction software, as well as access to  a 
global network  of  86,000  repair and  installation  technicians,  we  enable 
companies to  control  and  schedule  work using  a  mixed  resource  pool  of 
employees and independent  contractors. ServicePower  provides solutions  that 
cross  all   industries.  Current   customers  include   Assurant   Solutions, 
Mitsubishi, Farmers Insurance, and Pitney Bowes.

ServicePower is listed on the AIM market of the London Stock Exchange with the
ticker SVR.L.

For more information please visit

                     This information is provided by RNS
           The company news service from the London Stock Exchange


ACQLDLLBLFFLFBX -0- Nov/08/2012 07:01 GMT
Press spacebar to pause and continue. Press esc to stop.