SHS Viveon AG

Share Issue/Capital Change • Mar 21, 2006

News Details

Corporate | 21 March 2006 08:37

SHS Informationssysteme AG successfully completes right issue

Corporate-news transmitted by DGAP – a company of EquityStory AG. The issuer is solely responsible for the content of this announcement. —————————————————————————— Munich, 21st March 2006 – SHS Informationssysteme AG, listed in the Prime Standard segment of the Frankfurt Stock Exchange (WKN 507240), has successfully completed the rights issue announced on 20th February 2006. In total, 2,494,987 bearer shares were issued at an issue price of 2.95 Euro per share. Shares not subscribed for by existing shareholders, were placed with institutional investors in a private placement. Due to the high demand the capital increase was well oversubscribed. The company raised gross proceeds of 7.4 million Euro in cash. These funds will primarily be used to finance the cash component of the acquisition of VIVEON AG, Munich, which was announced on 9th February 2006, as well as transaction costs. Wolfgang Brand, CFO of SHS Informationssysteme AG: “The acquisition of VIVEON AG is another milestone in the consequent execution of our strategy, to become Europe’s leading solution provider for Credit Risk & Customer Value Management. SHS group has substantially enhanced its strength with respect to its service offering and earnings potential.” Munich-based SHS Informationssysteme AG is listed on the Prime Standard segment of the Frankfurt Stock Exchange and operates a subsidiary in Spain. The IT services provider focuses on offering customer management and credit risk management solutions to companies with a broad customer base. In 2004, the company recorded revenues of EUR 32 million. The customers of SHS AG include amena, Barclaycard BMW Financial Services, Crédit Agricole, E.ON, E-Plus, Ingram Micro, Karstadt-Quelle, O2, Orange, Südleasing, Telefónica, T-Mobile, T-Online and other international companies in the information and financial sectors. For more information, see www.shs.de Wolfgang Brand SHS Informationssysteme AG Tel.: +49 – 89 – 747257-0 e-mail: wolfgang.brand@shs.de Andreas Hoschke HOSCHKE & CONSORTEN Public Relations GmbH Tel.: +49 – 40 – 369050-55 e-mail: a.hoschke@hoschke.de (c)DGAP 21.03.2006 ————————————————————————— language: English emitter: SHS Informationssysteme AG Fraunhoferstraße 12 82152 Martinsried bei München Deutschland phone: +49-(0)89-747-257-0 fax: +49-(0)89-747-257-10 email: investor.relations@shs.de WWW: www.shs.de ISIN: DE0005072409 WKN: 507240 indexes: stockmarkets: Geregelter Markt in Frankfurt (Prime Standard); Freiverkehr in Berlin-Bremen, Stuttgart, München, Hamburg, Düsseldorf End of News DGAP News-Service —————————————————————————