Serviced Office Group plc(AIM: SVO)

Launch of integrated property management software package

Serviced Office Group plc ("SVO" or the "Group") is an AIM-listed provider of flexible office space and IT solutions, which operates 23 business centres, predominantly in London and the South East. Its IT division, Streamwire, offers end-to-end infrastructure and technology solutions to SMEs

A user-friendly scalable and secure software programme developed in-house by Streamwire for management of the Group's serviced office portfolio is being launched commercially under the name "Academy" and is being marketed at all organisations involved in the process of property utilisation and management.

Academy was developed by Streamwire after a Group review of available software failed to find one which offered a single simple solution for the "Lean" end-to-end management of the business. Traditional software applications were time consuming for staff to use, expensive to licence and were difficult and expensive to integrate with existing IT and Business systems.

Last month SVO announced the appointment of Anne Stokes as Managing Director of Streamwire. Anne has many years' IT experience, having worked at senior level for a number of major international IT services organisations, and has a remit to expand the range of services provided by Streamwire to Group clients and to other SMEs.

Michael Kingshott, Managing Director of Serviced Office Group, commented:

"When we failed to find a single software programme that could give us all we needed to run our business efficiently, we set out to create our own. Anne Stokes and her team at Streamwire have done an excellent job in designing a package that meets all our needs and is likely to prove a popular choice for other property stakeholders.

"In Academy we now have an integrated system that is easy to use for first time users, is completely customizable, can quickly create and automatically generate invoices, reports and business intelligence data whilst easily and simply integratingwith existing software."


9January 2013





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