Regulatory Filings • Apr 20, 2005
Regulatory Filings
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Corporate | 20 April 2005 08:00
SHS Informationssysteme: Ingram Micro optimizes credit risk assesment
Corporate-news announcement sent by DGAP. The sender is solely responsible for the contents of this announcement. —————————————————————————— SHS Informationssysteme: Ingram Micro optimizes credit risk assesment SHS software enables Ingram Micro to optimize credit risk assessment and leverage revenue potential more efficiently Munich, April 20, 2005 – Munich-based SHS Informationssysteme AG and Ingram Micro Distribution GmbH, Dornach/Germany, today announced that Ingram Micro will be using the GUARDEAN and Agency Gateway software solutions from SHS to optimize its processes ranging from new customer assessments to active credit limit management. By deploying the SHS software solutions, the IT distributor will also automate the previously manual process of entering prospects and new customers. Furthermore, Ingram Micro will introduce permanent credit limit calculation and monitoring in its customer management operations. The SHS software solutions enable Ingram Micro to evaluate its customers more systematically and precisely than credit reference agencies or trade credit insurers. “GUADEAN puts us in a position to remove growth barriers and to tap unexploited market potential in the long term,” says Karl-Heinz Müller, CFO of Ingram Micro Distribution GmbH. “We also expect the SHS solution to reduce loan application process costs by up to 80 percent and customer management process costs by at least 15 percent.” Ingram Micro Distribution GmbH will use SHS Agency Gateway, the only standard software that accesses data from more than 40 credit reference agencies, to complement its creditworthiness checks when entering prospective customer data. “Credit management is a core expertise of market leader Ingram Micro. We are extremely pleased that Ingram Micro has selected GUARDEAN as the system solution to further boost its competitive position”, says SHS CEO Dirk Roesing. Due to the slim margins prevalent in the trade business, bad debt losses have a severe impact on earnings. Granting credit limits reflecting existing risks is a key aspect in utilizing revenue potential and minimizing bad debt risk. This is where the SHS solution has its greatest benefit: Thanks to GUARDEAN, the management always knows exactly how much merchandise it still can ship to a customer. “GUARDEAN helps wholesalers to fully leverage previously unused revenue potential,” says Dirk Roesing. About Ingram Micro Headquartered in Dornach near Munich, Ingram Micro Distribution GmbH is the leading IT distributor in Germany. The company provides a comprehensive range of products in line with the market from more than 350 renowned IT suppliers as well as e-commerce, finance, marketing and logistics services to more than 30,000 customers. Ingram Micro Distribution GmbH is the German subsidiary of Ingram Micro Inc., Santa Ana/USA. Ingram Micro Inc. is the world’s largest distributor of technology products. The company serves 100 countries worldwide and is the only global IT distributor with operations in Asia. Ingram Micro Inc. generated $25.4 billion in revenues in fiscal year 2004. For more information, please visit us at http://www.ingrammicro.de , http://www.ingrammicro.com/corp or http://www.ingrammicro-europress.com . About SHS SHS Informationssysteme AG is listed on the Prime Standard segment of the Frankfurt Stock Exchange and operates a subsidiary in Spain, SHS Polar. 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 T-Mobile, T-Online, Südleasing, BMW Bank, Telefónica, amena, Barclaycard and other international companies in the information and financial sectors. For more information, see http://www.shs.de . Further information: SHS Informationssysteme AG Wolfgang Brand Tel.: +49-89-747257-20 E-Mail: [email protected] HOSCHKE & CONSORTEN Grit Muschelknautz Tel.:+49-40-369050-41 E-Mail: [email protected] end of message, (c)DGAP 20.04.2005 —————————————————————————— WKN: 507240; ISIN: DE0005072409; Index: Listed: Geregelter Markt in Frankfurt (Prime Standard); Freiverkehr in Berlin- Bremen, Düsseldorf, Hamburg, Hannover, München und Stuttgart 200800 Apr 05
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