27th Oct 2005 07:00
ServicePower Technologies PLC27 October 2005 27TH OCTOBER 2005 SERVICEPOWER TECHNOLOGIES PLC ("SERVICEPOWER" OR THE "COMPANY") CONTRACT UPDATE The Company announces that one of its contracts in the US with a TV contentprovider, which had previously been announced, has not developed according toexpectations and the relationship will be ceasing. Due to confidentialityreasons the Company can say no more at this time and an update will be providedin due course. Whilst it was hoped that this may lead to significant newbusiness in the long-term, it is not expected to have a material negative impacton the company's performance in 2005 or 2006 because another new contract inthis sector has been signed and details will be released today. Contacts: David Brisco, Chief Executive Officer Tel: 0161 476 2277Barry Welck, Non-executive Chairman Tel: 07831 396539ServicePower Technologies PLC Michael Brennan Tel: 020 7071 4300Evolution Securities Limited Tom Moriarty / Archie Berens Tel: 020 7651 8688 / 07802 442486ICIS Limited This information is provided by RNS The company news service from the London Stock ExchangeRelated Shares:
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