UPDATE 2-Anite profit rises, sees tough trading ahead

* Sees lower profit in the year ending April 2010

* FY09 pretax profit 18.1 mln stg vs 16.7 mln stg yr-ago

* Rev 90.1 mln stg vs 91.6 mln stg a year ago

* Ups final dividend to 0.65p/shr from 0.60p

* Shares fall as much as 8.5 pct (Adds details, comments from CEO, updates share movement)

By Purwa Naveen Raman

BANGALORE, July 1 (Reuters) - UK-based IT firm Anite Plc (AIE.L) posted a higher full-year profit on currency gains, but forecast lower profit for the current year due to more spending on a new mobile technology and loss of some key contracts in its travel business.

Anite shares were down 7.8 percent at 32.50 pence at 1110 GMT on the London Stock Exchange.

The company, which provides mobile phone software, is pinning hopes on its latest high-speed Long Term Evolution (LTE) wireless technology product and plans to spend 4 million pounds ($6.6 million) more on it.

"I expect the current trading year to be challenging, particularly in the first half, given the impact of our additional investment in LTE and the effect of customer changes in Travel," Chief Executive Christopher Humphrey said in a statement.

LTE networks are intended to replace current mobile networks and are slated to be deployed in coming years by large wireless companies including Vodafone Group Plc (VOD.L) and Verizon Communications Inc (VZ.N).

LTE products may generate a small amount of revenue this year and revenue is expected to rise next year, Humphrey said by phone.

About 65 percent of the company's revenue comes from its wireless business, with Motorola Inc (MOT.N) and Samsung (005930.KS) among its customers.

Anite, which also provides holiday booking systems, said its travel business was impacted by the acquisition of its customers First Choice and MyTravel.

"However @ComRes, which is the new reservation system, has made strong inroads, both within the existing customer base and also within Germany, and we have got some great prospects within the UK," Humphrey said.

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