The Servelec Group is a UK-based technology group, with significant intellectual property, providing software, hardware and services predominantly to the UK healthcare, oil & gas, nuclear, power, utilities and broadcast sectors.


The Servelec Group’s business was founded in 1977 and, since October 2000, has been wholly-owned by CSE Global, a company whose shares are traded on the main board of the Singapore Stock Exchange. Servelec has a strong technology and engineering heritage and today employs a highly skilled and knowledgeable workforce of approximately 500 full-time staff operating predominantly from offices around the UK. The majority of these staff are based at the Group’s purpose built offices in Sheffield, one of which functions as the Group’s headquarters.

The origins of the Group’s business were in the design and manufacture of control systems for the Sheffield steel industry. Since that time, Servelec has grown both organically and by acquisition and now operates two divisions: Servelec Healthcare and Servelec Automation.

Servelec Healthcare specialises in the design, development and implementation of Electronic Patient Record ("EPR") software within secondary care settings and is a market leader in the Mental Health and Community Health sectors in England.


Servelec Automation provides complex, mission-critical control systems to large, blue-chip, companies mainly in the UK. Servelec Automation provides the whole lifecycle of services from consultancy, through to design, implementation, delivery, installation and on-going customer support and maintenance.


http://www.servelec-group.com/index.html

16 Feb Investec 400.00 Buy

Substantial orders for Servelec Technologies
RNS
RNS Number : 5379Q
Servelec Group plc
01 March 2016

1 March 2016

Servelec Group PLC



("Servelec" or the "Company")



Substantial orders for Servelec demonstrate Technologies business is on track in 2016



Servelec, the UK-based technology group, announces several major project wins for its Technologies business worth between £5 million and £10 million during the AMP6 regulatory review period. The company is benefitting from the predicted upturn in AMP6 orders and diversification into new markets. The orders are expected to positively impact Servelec Technologies' revenues in the first half of the 2016 financial year.



Southern Water has appointed Servelec to its Real Time Systems Framework under two Lots. The first Lot, on which Servelec is the single source vendor, will include the supply of up to 2,000 Remote Telemetry Units (RTUs). This contract demonstrates that the development made in Servelec Technologies' product portfolio during 2015 is now reaping rewards as pent up demand comes to market.



The second of the Lots to which Servelec is appointed includes the provision of business optimisation software to interface with the existing Servelec telemetry and SCADA systems to provide an end-to end solution to Southern Water. This appointment shows the benefit of bringing together the constituent parts of Servelec Technologies under one banner, whilst also demonstrating that the UK water market recognises the advantage of the combined offering of RTUs, SCADA and telemetry systems and business optimisation software and consultancy. Orders for RTUs are expected imminently with delivery of the business optimisation solution scheduled to commence in the first quarter and both will continue over the course of the Asset Management Plan (AMP).



Another major UK water company has placed a significant order with Servelec Technologies for hardware and software upgrades for several of its Clean Water Treatment Works. This significant order will see around five initial sites completed during 2016 and the remainder implemented on a schedule running through to 2018.



Part of Servelec Technologies' strategy to compensate for the slower than anticipated upturn in the water industry in 2015 and reducing oil prices was to accelerate diversification plans into new markets and geographical regions. The company is now seeing the benefit of increased sales activities in this area and is pleased to announce a major order in Saudi Arabia for RTUs to monitor the telemetry of cash machines (ATMs), signaling its entry into the Financial Services Technologies sector on an international scale.



Alan Stubbs, Chief Executive Officer of Servelec commented; "I am delighted to announce these significant wins in our Technologies business which provide a strong pipeline both in 2016 and beyond.



"It is reassuring to the Board that AMP6 projects are coming on line and I am confident that our expansion into new geographical areas and previously untapped market sectors strengthens our business, positioning us well to mitigate the downturn in the Oil and Gas industry."

Preliminary results

IC- Servelec's health and social care business is gathering momentum and its automation division looks poised to rally.

Servelec Technologies awarded new patent
RNS
RNS Number : 3254S
Servelec Group plc
17 March 2016

17 March 2016

Servelec Group PLC



("Servelec" or the "Group")



Servelec Technologies awarded new patent

Continuing the company's strategy to deliver ground breaking technology solutions to its customers, Servelec Technologies (part of Servelec Group) has been awarded a patent for its unique device access control methodology. The patent for the access security software is particularly relevant to remote telemetry units (RTUs) of which Servelec Technologies is a market leading designer, manufacturer and supplier.

The new device access control methodology will reduce the time spent granting access for an individual to potentially thousands of individual RTUs in geographically remote locations, translating into significant cost savings. The system will also result in greater network security in the context of ever-growing threats to infrastructure and cyber security. For example, a water company may have a high number of isolated locations with individual software security. This patent would allow the effective management of all the different security systems thereby substantially improving efficiencies and ease of use.

This successful patent application demonstrates Servelec's commitment to delivering leading edge technology to its customers and is a continuation of the company's commitment to enhancing product capabilities and the company's intellectual property.

Andy Sullivan, Managing Director of Servelec Technologies commented: "I am excited to be able to announce this successful patent award as it further demonstrates our position as a leading edge technologies business, supporting international infrastructure providers. Servelec Technologies is committed to continuously enhancing our product range in order to extend our reach and provide a better level of service to existing and new customers."

While the patented 'Device Access Control Method' was devised for RTUs it can easily be utilised as an application for other industries which require off-line access control to devices such as photo-copiers or even vehicle logging devices.

StockMarketWire.com
Servelec Group confirms that none of its systems were compromised by Friday's unprecedented ransomware attack.

"No customer data or information was lost from either a Servelec system or a Servelec hosting environment," it said.