Service Power Technologies issues profit warning

Shares of aim listed outsourcing software developer ServicePower Technologies sank 22 per cent after it warned it will not achieve market forecasts for the year ending December 31st 2012.

Shares of aim listed outsourcing software developer ServicePower Technologies sank 22 per cent after it warned it will not achieve market forecasts for the year ending December 31st 2012.

The warning comes after 'protracted negotiations in several significant contracts' in the wake of client restructuring.

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