Revenue slowdowns associated with year-2000 problems might be old news to some, but not to Fundtech Ltd.

The Jersey City, N.J.-based payments software vendor said Wednesday that its third-quarter revenues would be down a whopping 30% from Wall Street's expectations, to around $7 million. Per-share profits are expected to decrease by 10 cents, to 21 cents. Official results will be released within two weeks, executives said.

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