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iSoft affected by political uncertainty

3rd June 2010

Software firm iSoft has revised its revenues down for the full 2010 fiscal year by as much as £17.6m, citing political uncertainty in the UK for its not being paid for anticipated milestones.

The downwards revision led to a 30% fall in iSoft shares to 39 Australian Cents at the close of trading on the Australian stock exchange. It comes as iSoft saw the latest version of its Lorenzo electronic patient record system go live at University Hospitals of Morecambe Bay NHS Trust as part of the National Programme for IT in the NHS.

 

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