Well I have been alerted to this company by a great Investment pal of mine and I have to say as usual it looks like hes come up with the goods as per norm.

Not wishing to steal his thunder here is his summing up of the company.



SVR, Servicepower, is a stock that could be worth a dabble. The shares have done well recently and the company has a range of bluse chip clients including UK banks and Siemens. Floated at 1.16p three years ago, they fell to 5p but are now 32p. They recently issued a host of warrants to none other than one of the biggest companies in the world, General Electric. They make solutions software for field engineers, so they can arrange their daily schedules on the move. If a Sky repair man turns up on time, it is because he has used the SVR system. (and if he doesn't.........)
The balance sheet is not strong, but the company has signed several customers this year and I understand there may be two contract announcements imminent, one of which i have heard put at 5 million over about four years. They have also been conducting field tests with at least five international companies and further orders seem certain. i saw a broker's note (can't remember which) saying they should make 4.2p next year against a share price of 32p. Much depends on the number of contracts signed, but still with a niche and little competition, and the possibility of a takeover from the US in for free, the shares are a good punt. A line of stock of 2 million cleared an overhang last week and i understand may have found a US home. And someone was buying above the spread today, albeit only 24,000 shares. They were hard to get online so the mms may be short.
I bought today and hope to add.
One for the brave.ENDS.

I have great faith in this guy and have done reseearch on all he says, and find the company to be in a strong position.

Best to get in before the crowds but please DYOR.

GF.

ps, more research to come.

Yup gordon just when you think its going to break away. Still news flow should push it along later.

cheers Gf.

thanks Gf.hopefully there about to go up again

Up she goes

not a bad end to the week. plenty of trades from private investors judging by the size.

mm

GF didnt i hear rumour somewhere of either a rights issue or placing
did you ???

Greenbaum associates to resell SERVICEPower in Germany, Austria, and Switzerland
ServicePower increases presence in German speaking countries

Stockport, UK, February 18, 2004 -- ServicePower (LSE: SVR), a global developer and supplier of workforce optimisation software for the Customer Relationship Management (CRM) market, today announced that greenbaum associates ag will distribute and support the SERVICEPower intelligent scheduler throughout German speaking countries. greenbaum associates, a Swiss management and IT services consultancy, will resell SERVICEPower in Germany, Switzerland, and Austria. Both ServicePower and greenbaum will continue to work with Munich based strategy consultants Barkawi Associates, announced as a ServicePower partner in 2003, who will focus their efforts on providing consultancy support services for SERVICEPower implementations in Germany.

“We are delighted that an organisation with the service experience of greenbaum has agreed to help ServicePower increase its presence in German speaking countries,” said Derek Crumpton, general manager Europe for ServicePower. “The SERVICEPower product will be tailored to meet the needs of these new markets, particularly in terms of language, and we look forward to gaining the same success in these countries as we have already experienced in the UK and U.S.”

“A number of companies in both Germany and Switzerland have expressed an interest in making their field service operations more flexible, efficient, and productive,” commented Michael Mattern, director of greenbaum. “We saw how SERVICEPower improved the productivity of service organisations in other countries and are confident we can help our clients achieve the same improvements,” he added.

About greenbaum associates

greenbaum associates are a services and solutions company based in Central Switzerland and operating throughout Europe. Committed to delivering tangible benefits, greenbaum partners with its clients to help them identify quantifiable enhancements to existing processes and applications and deliver real benefits that become visible in the client’s bottom line. Unlike other strategy and IT consulting firms, greenbaum consultants often work on the basis of clearly defined objectives and success-based fees. With deep industry expertise, a broad network of associates, and proven experience in consulting, distribution, and the deployment of software, greenbaum provide full, end-to-end business solutions. For more information, visit the Web site at: http://www.greenbaum.ch/.

cheers GF.

Excellent news that should move the share price!

ServicePower Technologies PLC
20 February 2004



SERVICEPOWER TECHNOLOGIES PLC

('SERVICEPOWER' OR THE 'COMPANY')

Contract Award

ServicePower, the recognised market leader in artificial intelligence based,
field service scheduling applications, today announced it has signed another
major agreement with a Fortune 250 appliance manufacturer. For confidentiality
and commercial reasons, the Company is not able to name the customer at this
stage. The Company confirms that the Memorandum of Understanding referred to in
the RNS released on the 7th of January has been converted into this contract.

ServicePower will soon begin managing services despatches for part of the
manufacturer's major appliance service needs. This is the same area of business
as that already announced with General Electric and has a transaction-based
pricing structure contracted for two years. The value of the deal is subject to
volume of transactions processed through the system, but based on historical job
levels, the Directors believe that it is likely to be in the region of $500,000
per year. The manufacturer has also agreed to participate in the development of
the 'Fulcrum' application actively being developed with GE.

David Brisco, CEO said 'the signing of the agreement with this manufacturer
confirms that our offering is capable of providing an industry-wide solution.
This confirms our belief that the major appliance and consumer electronics
business is seeking a company with an application capable of consolidating the
market and providing improved customer service whilst driving down costs to all
involved in the service chain. This new business opportunity reinforces the
decision, and accelerates the Company's move from being a software supplier to a
total service provider with its attendant regular monthly revenue and cash'.
Note: ServicePower refers to the company and SERVICEPower refers to the product.


Contacts:

David Brisco, Chief Executive Officer Tel: 0161 476 2277
Barry Welck, Non-executive Chairman Tel: 07831 396539
ServicePower Technologies PLC

Michael Brennan Tel: 020 7071 4300
Evolution Beeson Gregory Limited

60p here we come placing too......

why has the news not been received better in the price ???

It was to give you a buying opportunity:-)

Broker BUY note from EVO BE GREG.......

Evolution Beeson Gregory 22/02/2004

ServicePower (SVR) Buy (unchanged)

Mkt cap: 29m Net cash: 7m M&A Price/Target: 51p/60p

ServicePower raises 5.9m and signs new US contract.

SVR is raising 5.9m to fund the recently announced groundbreaking deal
with GE, the purchase of a US company, and support a new contract signed
with another Fortune 500 appliance manufacturer.

At the June 2003 interims, although it had no debt, the Group had less than
m of net current assets. This was clearly inadequate resources for the
small Stockport-based UK software business to support the contract it signed
at the end of the year to undertake the service management business of
General Electric’s consumer goods in the USA.
We are therefore placing 14.8m shares at 44p, making 5.9m available to fund
what will be a step-change in both the scale of operations and the business
model itself.

In January SVR announced its biggest ever contract; with the Consumer &
Industrial division of General Electric, the US giant with a $330bn market
cap. SVR and GEC&I are developing an innovative state-of-the-art system
for processing and managing the warranty claims on GEC&I’s products and,
more significantly for the business model, to manage the dispatching of
work to key segments of GEC&I's authorized independent servicers across
the US. It is estimated the contract will generate revenue in excess of 10m
over a 5-yr period with the revenue stream starting from February.
We highlighted at the time that the GE deal would be costly to set up and
deploy and does not in itself generate sizeable profit in the near term.
However, what it does is fund the model and infrastructure of a business
which has the opportunity to dominate the warranty service industry in the
US, an enormous market. This then begins to generate siginificant returns if
and when other major manufacturers (and potentially retailers), as well as
GEC&I, are persuaded to take up the proposition. A MoA had already been
made with another, unnamed Fortune 100 appliance manufacturer. That has
now become a signed agreement.

At present the agreement appears to relate to only a portion of the new
manufacturer’s warranty business, but it is a clear statement of intent and
confirms that the service does offer the industry-wide solution envisaged.
The acquisition of the business of KeyPrestige is the final link in the chain
which leads a UK software developer into becoming a total service supplier
in the US. Based in California, KPI is a processor of electronic warranty claim
forms on behalf of manufacturers such as GEC&I.

Resources might have constrainedgrowth.6.5m raised. The GEC&I dealModel requires other manufacturers
to sign up.

New Fortune 100 manufacturer now signs, Key Prestige provides claims
processing.

This fits in neatly with SVR’s total solution for the industry. In order to
despatch the warranty jobs electronically SVR will obtain a royalty free right
from GEC&I to use its IT system. ServicePower will enhance this IT system
by applying both its own technology and KPI’s ClaimWorks software and
will operate the entire IT system independently, under the provisional name
of 'Fulcrum'. All intellectual property developed in conjunction with GEC&I
will be jointly owned by SVR and GEC&I whilst the intellectual property
being acquired from Keyprestige and currently within SVR, will remain
within the Group.

As mentioned this is a very early stage of an enormous concept. The plan is
to put together a business which, with the backing of some of the biggest
names in appliance manufacturing in the US, will seek to dominate the
warranty industry in what is by far the largest consumer market in the
world. By its very nature this is an ambitious long-term plan, however we
are convinced that the technology, the management and the funding is now
in place to achieve this remarkable transformation for SVR. We have revised
our forecasts, both for the future, on the new business model, and the year
just gone; several expected license sales have not been progressed beyond
proof of concepts at this stage. Our revised numbers are very conservative
and simply based on what is currently signed rather than what is likely. We
recommend a BUY

cheers GF.

Well it was up but only just. Still think we have a lot to come fron this one in the future.

cheers GF.

Brought back to top because its a very good company.

cheers GF.

GF,

last couple of trades - 2 buys x 125k?

mm

drifting back again ...

yup, reckon we are n for some terbalance until all those additional shares find a nice comfy home.

Think you have to be very patient with this one.

cheers Gf.

Speculation up and down the boards of more contact deals.

cheers GF.

Which boards GF?

Catch22. Have you been able to find the boards GF was talking about, re more contract deals. post 156. Grateful for any info. Many thanks. McPaulass