SHS Viveon AG

Capital/Financing Update • Jan 19, 2005

News Details

Corporate | 19 January 2005 08:00

First Data opts for credit risk software from SHS:

Corporate-news announcement sent by DGAP. The sender is solely responsible for the contents of this announcement. —————————————————————————— First Data opts for credit risk software from SHS: Cooperation in the credit card business Munich, January 19, 2005 – Munich-based IT service provider SHS Informationssysteme AG today announced its cooperation with First Data International. First Data will be using “GUARDEAN”, the credit risk software solution from SHS, for credit decisioning with new customers. First Data is one of the world’s leading credit card settlement service providers. In Germany, the company’s subsidiary TeleCash is one of the leading providers of cashless payment systems. GUARDEAN checks the customer’s credit standing within just a few moments. In doing so, the system enables access to almost 40 credit reference agencies throughout Europe. The benefits for First Data are twofold: applications can be processed faster and credit losses are reduced. Jason Van Hulse, Director Credit Systems at First Data Corporation, comments: “The efficiency of the SHS software in terms of cost and time reduction is second to none in the market.” The GUARDEAN system will initially be used in Germany for checking the credit standing of new Postbank POS transact credit card customers. Plans are to expand the collaboration between First Data and SHS to further markets in Europe and possibly beyond. “GUARDEAN is ideal for us because we can use the software on an international scale as well,” says Jason Van Hulse. “The solution can also be integrated seamlessly into our system, which makes many things easier and saves money.” “We look forward to cooperating with First Data,” says Dirk Roesing, chief executive officer of SHS AG. “After BMW Bank and BARCLAYCARD, First Data is yet another internationally operating group that has been impressed by the advantages offered by our GUARDEAN software.” 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 2003, the company recorded revenues of EUR 29.8 million. The customers of SHS AG include T-Mobile, O2, Telefónica, Barclaycard and other internationally active 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- 0 E-Mail: wolfgang.brand@shs.de HOSCHKE & CONSORTEN Grit Muschelknautz Tel: +49 – 40 – 369050-41 E-Mail: g.muschelknautz@hoschke.de end of message, (c)DGAP 19.01.2005 —————————————————————————— WKN: 507240; ISIN: DE0005072409; Index: Listed: Geregelter Markt in Frankfurt (Prime Standard); Freiverkehr in Berlin- Bremen, Düsseldorf, Hamburg, Hannover, München und Stuttgart 190800 Jän 05