SHS Viveon AG

Earnings Release • Mar 30, 2006

News Details

Corporate | 30 March 2006 08:00

SHS Informationsssteme AG concludes 2005 with output and earnings growth:

Corporate-news transmitted by DGAP – a company of EquityStory AG. The issuer is solely responsible for the content of this announcement. —————————————————————————— Considerably expanded products and services portfolio Munich, March 30, 2006 – SHS Informationssysteme AG, Munich, today announced that it increased its output in the financial year 2005 by 28 percent from EUR 32 million to EUR 41 million. The company also managed to boost its adjusted EBITDA (earnings before interest, taxes, deprecation and amortization without one time effects) considerably from EUR 1 million to EUR 1.6 million in 2005 despite increased investments in sales and marketing. In comparison: In 2004, SHS reported comparable EBITDA of EUR 1 million (without one time effects). EBT (earnings before taxes without one time effects) for 2005 were EUR 0.4 million compared to minus EUR 3.9 million (without one time effects) in 2004. Total assets rose to EUR 35.6 million in 2005 (2004: EUR 28.9 million). The equity ratio improved to 44 percent (2004: 38 percent). At the end of 2005, SHS had 510 employees, 60 more than at the end of 2004. The fourth quarter of 2005 also was a highly successful one as SHS achieved an output of EUR 11.8 million. This compares to an output of EUR 9.5 million in the same period of 2004. At EUR 0.4 million, EBITDA in the fourth quarter of 2005 also was higher than last year (EUR 0.1 million). After concluding its restructuring by the end of 2004, SHS began to reposition itself successfully in the market in 2005. The new focus was on the strategic business areas customer risk management and customer value management. In this context, SHS continued the successful marketing of its GUARDEAN software solution and won renowned new customers such as DailmlerChrysler. With the strategic acquisition of Systech Software GmbH in late 2005 and Viveon AG in early 2006, SHS also expanded its portfolio of products and services considerably. Chief Executive Officer Dirk Roesing commented on the SHS strategy: ‘In the past financial year, we laid the groundwork for providing our customers with an expanded portfolio of products and services along the entire value chain from strategic consulting, integration, credit assessments to customer value analysis.’ Roesing believes that the assessment of customer value will become more and more important for businesses: ‘Leveraging strategic customer potential will become one of the most important success factors in the future. Our portfolio of products and services gives us an excellent position in this market. We have great growth 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 2005, the company recorded revenues of EUR 41 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 30.03.2006 ————————————————————————— 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 —————————————————————————