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.

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

Mc,

Nope. Nothing on Adfvn, Sharecrazy or iii - mind you the last two are dead.

It doesn't do the share or the poster any good.

Catch 22, guys, my appologies the above post was meant for the armour group thread. I was in a big rush and have even spealt wrongly. my sincere appologies again.

cheers GF.

no probs GF, thanks for the correction.

http://www.servicepower.com/eseminar/presentation4/presentation.ram

This is an interesting E/presentation on the company lasts about 30 mins.

Might have heard it before but for those who havent it gives a good background on the company.

cheers GF.

More contract news.

ServicePower Technologies PLC
17 March 2004


SERVICEPOWER TECHNOLOGIES PLC

('SERVICEPOWER' OR THE 'COMPANY')

Strategic Partnership Announcement

ServicePower, the recognised market leader in artificial intelligence based,
field service scheduling applications, today announced it has signed a
Memorandum of Understanding with US Digital Television (USDTV) to provide
installation services for its digital television set-top boxes.

All United States over-the-air broadcast televisions stations are converting to
the new digital format. Digital television receivers featured from USDTV are
capable of receiving this new digital signal, by using either an indoor or an
outdoor antenna. The digital signal will then be displayed in either High
Definition with a HDTV, or in DVD-quality on a traditional analog television.
The requirements for the antenna depend on all kinds of factors such as line of
sight to the broadcast tower and distance. In most cases, these signals can be
received by an indoor (TV top) antenna.

The Agreement, when signed appoints ServicePower the preferred installation
administrator for this nationwide product launch. This is the same area of
business as the two recently announced contracts using transaction-based pricing
commercial models. The contract will be for three years, and annually extendable
thereafter. The value of the deal is subject to volume of transactions processed
through the system, and as this is a new business for USDTV there is no
historical model upon which to base future volumes. Discussions with USDTV
senior management suggest the contract could be worth in excess of 10 million
pounds over three years which would make it, when signed, the largest contract
for the Company.

ServicePower notes the announcement made in the US trade press yesterday and
take confidence that contractual negotiations will be completed soon.

Note: ServicePower refers to the company and SERVICEPower refers to the product.

17th March 2004

This was posted by a BBer on the ADFVN site as worth 10 million dollars.

It could be worth 10 million POUNDS YIPPPPPPPPEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEE

Yes superb news Greasepaint and a nice rise on the market aswell.

cheers GF.

DAILY MAIL
*The Chancellor's speech fails to interrupt a day at the races.
*Rate rise fear as deficit worsens.
*CBI sounds the alert over tax rises in the pipeline.
*Evolution bullish about ServicePower's (SVR.L) prospects.

cheers GF.

This makes very interesting reading.......

From The Times:

quote:
--------------------------------------------------------------------------------
March 18, 2004
Rumour of the day

SERVICE Power Technologies, the software developer, added 4p to 48p on a deal with US Digital Television, a supplier of set-top boxes, to schedule and manage the installation of TV aerials. However, dealers hear a further tie-up with Xerox is in the offing, while Whirlpool is the previously unnamed Fortune 250 appliance maker from which Service Power won work last month.

cheers Gf.

Broker note from Ev Bee Greg............

Evolution Beeson Gregory 100 Wood Street, London, EC2V 7AN 020 7071 4300
www.evbg.com 17 March 2004

ServicePower (SVR) Buy (unchanged)

Mkt cap: 25m Net cash: 6m Product update Price/Target: 60p

ServicePower moves into US TV aerial installation
ServicePower is close to an agreement to schedule and manage the
installation of any TV aerials which might be required for a new US digital
TV service.
Under 1996 legislation, US terrestrial analogue broadcasts are due to be
switched to digital, in much the same way as in the UK, in order to free up
much needed communications bandwidth. Congress has set a goal for all
U.S. television broadcasts to be digital by the end of 2006. Two-thirds of the
nation's 1,721 television stations are already broadcasting in digital,
according to the US National Association of Broadcasters. However
overriding this deadline, is the stipulation that analogue services cannot be
switched off until at least 85% of US homes can receive digital TV.
The vast majority of US homes have cable or satellite TV. This is generally
analogue and they will still have to take the expensive upgrade to digital
cable. This is not the market ServicePower will be addressing; rather there
are still some 10m lower income US homes reliant upon terrestrial analogue
broadcasts. With this switch to digital, their choice will be to subscribe for
digital cable, buy a new digitally enabled TV, or to buy a digital TV set-top
box to convert their old TV. The first two are likely to be too expensive for
these low income households, leaving the market open for digital TV
suppliers.
USDTV is but one of many digital set-top box suppliers now springing up to
fill this gap in the market. Such boxes can be bought from Fujitsu, Sony etc.
USDTV is different in that, as well as the standard terrestrial channels, its
package also includes the top-10 subscription cable channels which it
broadcasts to its customers. This should indeed make it a very popular
choice. USDTV works by collecting feeds from stations and networks at a
single digital transmission tower, which then uses bandwidth -- bought from
the stations -- to spray the signals to standard UHF/VHF antennas.
Customers must buy a $100 set-top device (sold in Wal-Mart) to decode the
channels, and then pay a monthly subscription thereafter. According to the
Washington Post, USDTV so far has about 1,000 subscribers in Salt Lake City
who pay $20 p.m. for 26 channels. ESPN, Fox News Channel, Disney and
Discovery Channel are among the 10 cable networks included in the
package. This compares favorably with the starting price of $63 p.m. for a
similar high definition digital cable service (excluding the installation
charge). It started broadcasting in Salt Lake City in December, has just
launched in Albuquerque, and plans Las Vegas later this month. USDTV
hopes to serve 30 markets by year's end and has raised $8.5 million in
funding, with an additional $12m available later.

USDTV approached ServicePower to use the infrastructure of its recently set
up warranty serving business, to schedule and manage the installation of TV
aerials where required in these homes. This installation is not a core business
for USDTV and not something it is keen to scale up for. The current estimate
is that 40-60% of its customers will require aerials. The charge will be $77.50,
and the cost will be $65.00. This price is ‘guaranteed’ by USDTV, who will
cover up to $5 of any excess costs for ServicePower.

As with many early stage businesses numbers are purely estimates. Of the
10m homes which must change, USDTV expects 2m will eventually select its
offering. If only 25% of these need aerials, over the next 5 years this contract
alone is worth $39m in revenues and c.$6m profit for ServicePower –
currently a 25m market cap. business. We emphasize that USDTV is an
early stage business in the US, however it appears to have a unique offering,
with the powerful backing of Wal-Mart, and has received plenty of publicity.
However we are not increasing our ServicePower forecasts until we have a
better idea of the take up of this service.

More importantly this is just one of an array of opportunities now opening
for ServicePower in the US. The GE deal transformed the company from a
small Stockport based software supplier into a business capable of
dominating the enormous US servicing and installation market. The value of
that opportunity is currently un-quantifiable and is limited only by the
resources available to the company. We retain our BUY recommendation.
Numbers could be huge but its too early to say


cheers GF.

Indeed they could. A class company still at over 60% below its flotation price of 116p. A classy business and the opening up of the US set top box market another exciting development.

Good call Hawick.

cheers Gf