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.

This looks to be solid growth for Service Power!

ServicePower Technologies PLC
07 April 2004



SERVICEPOWER TECHNOLOGIES PLC

('SERVICEPOWER' OR THE 'COMPANY')

Contract Award

ServicePower, the recognised market leader in artificial intelligence based,
field service scheduling solutions, today announced it has signed contracts with
US Digital Television Inc. (USDTV) and with eWest Advantage Inc. (eWest) to
provide installation services for USDTV digital television set-top boxes. This
follows the announcement on 17 March 2004 that a Memorandum of Understanding had
been signed. The contract is the third significant contract in the last three
months to be signed by the newly formed ServicePower Field Service Solutions
division.

eWest will provide call centre infrastructure and support operations whilst
ServicePower will provide installation services and dealer sales thereby
providing USDTV with a total delivery service. USDTV is a new company set-up to
fill a gap in the market priced below the cable and satellite providers. USDTV
is well funded, having recently raised $8.0 million. The Company has engaged a
major securities firm to lead its next round of financing where it plans to
raise over $40 million from broadcasting and technology partners. Hisense, its
China-based manufacturing partner, has agreed to extend USDTV $60 million of
financing to facilitate the purchase of set-top boxes.

All United States over-the-air broadcast television stations are converting to a
new digital format. Congress has set a goal for all US television broadcasts to
be digital by the end of 2006 and plan to switch off analogue broadcasting when
85% of all homes can receive digital signals; this is expected to be completed
by 2009. Several companies now provide set-top boxes capable of receiving
digital signals including Fujitsu, Sony etc. The USDTV set-top box, which costs
$99.95, provides high definition television picture quality (HDTV) for existing
terrestrial channels plus, for a $19.95 monthly service fee, will deliver 12
quality satellite channels including Disney, ESPN sports, Discovery and the TLC
film channel.

It is thought that in excess of 10 million homes will need to buy a new
television with an in-built HDTV receiver or buy a set-top box. The USDTV
business plan expects its unique package of additional channels will attract
more than 3 million new customers to buy its set-top box and to take up its
service. The service was launched in Salt Lake City on a trial basis in December
2003. The success gave the USDTV management confidence to hold a Press Launch in
New York on 16th March at which they announced a nationwide rollout. The service
is now available in Albuquerque and shortly in Las Vegas and the plan has one
new city being added on a two-weekly basis throughout 2004. This plan is
supported by Wal-Mart who will have the set-top boxes available for sale in
every local store ahead of the rollout of the service. The set-top box is
planned to have, by the end of 2004, a TiVo-like receiver and built-in hard
drive giving additional desirability.

The Agreement appoints ServicePower the exclusive installation administrator for
this nationwide product launch for subscription based sales and fees are earned
on a transaction basis, based on the number of set-top box installations
completed each month. ServicePower is responsible for finding, recruiting,
despatching jobs and paying the installer $65 per installation. ServicePower
will earn a guaranteed minimum gross margin on top of the installation and will
earn a share in the monthly subscription contract for the life of the service
contract, for each USDTV subscription contract sold by our authorised-installer
network.

ServicePower has begun installations in Albuquerque and is pleased to report
that the rate of rollout and margins are in line with forecast. The contract
will be for three years, and annually extendable thereafter. The value of the
deal is subject to the success of the USDTV set-top box sales, and the number of
these that then require an installation. The pilot in Salt Lake City indicates
that between 25% and 50% will require an installation service carried out but,
as this is a new business there is no historical model upon which to base future
volumes. As stated on 17 March 2004, the Directors are confident this deal will
turn out to be the largest contract signed in the company's history.

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

7th April 2004


--------------------------------------------------------------------------------



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

Rise in share price today on close @ 46.5p will trigger a stop loss limit from a low (support) 5 days ago @ 41p (now up 15.85%) indicating to close any short positions and trade long as MACD & RSI have generated strong buy signals AND there is very positive contract news. DYOR & LOL

Share price now looks to be extremely cheap with this news!

ServicePower Technologies says 2004 starts well
AFX


LONDON (AFX) - ServicePower Technologies PLC said 2004 has begun extremely well for the company, with the new business unit, Field Service Solutions, having already signed new contracts with General Electric, Whirlpool and

USDTV.

'The GE and Whirlpool out-of-service jobs have begun to deliver revenue,

but we are still at an early stage,' chairman Barry Welck said at the company AGM.

'The set-top box rollout to Salt Lake City, Albuquerque and Las Vegas is running well ahead of USDTV management expectations and the number of these requiring installation by ServicePower is also much higher than we expected. 'The rollout is planned for the next four new markets in July, these include the major metropolitan areas of Los Angeles and Phoenix. I believe we will need to monitor weekly volumes through into the summer months before any reliable trends become apparent, but the early signs are very promising.'

He added: 'The SERVICEPower software business continues to operate to expectations, with the number of prospects growing and the proof of concept projects progressing satisfactorily toward software licence sales.'

bam

Legins,

Great AGM statement. v. bullish.

running ahead of USDTV management's expectations....further roll-out in July.

proof of concepts progressing.

from the other side.

looking good for Monday

http://business.timesonline.co.uk/article/0,,8211-1181970,00.html

Service Power Technologies hardened 1p to 36p amid word that the developer of scheduling software is set to issue an
upbeat trading statement. There were also suggestions that it had secured a large contract with a US retailer, possibly
Home Depot, the operator of DIY superstores.

Like it greasepaint, thanks, let's hope for the good news, this stock is worth a lot more and if it doesn't rise tomorrow will be topping up!

Interesting article greasepaint, many thanks. I would hope to see the share price rerated. However it seems for the past six months or so that MM's have hardened their outlook to contract rumour, speculation, press news reports or even actual RNS news with software companies and despite even the bullish news in may with SVR the price has continued to fall since January just like many other stocks in Software.

Good results will be promising!? Definitely is worth adding to my holding while still this cheap to buy in!

seems one way traiffic until some of this good news feeds into results

interims expected 8 Sept

new shares issued at 47p

"ServicePower, the established market leader in artificial intelligence based
field service scheduling applications, is pleased to announce that an
application has recently been made to the UK Listing Authority and the London
Stock Exchange for 729,016 ordinary shares of 10p each ("Ordinary Shares") to be
admitted to the Official List.

The Ordinary Shares are being issued to Keyprestige, Inc. for cash, at a price
of 47 pence per Ordinary Share."

Greasepaint,

you should have acknoledged that the interim date was posted by Ian on Advfn.

unless you are him

Service Power have been ticking up steadily over the last week or so on quite low voulmes, looking at the posts above, results should be out soon, must be quite favourable. Chart and MACD looking Bullish and the downtrend has been reversed.



regards

PTH

Interim results for SVR to be announced 23/9/2004.

Packman7, Im no longer in this one but still interested. Any ideas on what to expect from the results?.

cheers Gf.

Nothing seen since update at agm in May, which was positive. Have to guess what
results will be like on sparse info. Believe there was a write up in the F.S.L
last month which i have not read. Price up about 5% today, although more sellers
than buyers.

SERVICEPOWER INTERNATIONAL (SVR): ServicePower will

announce interim results on September 23rd. The shares

are starting to come to life. BUY

from Red hot penny shares yesterday........they had target price of 80p

whats going on down a third since 'postive' results

where too now ?

up 10% today - hope this is the start of the long awaited push north!

two directors purchase stock this week. CE 100,000 at 32p, and NEC 70,000 at 34p. one to follow??