30/03/2006 Corporate News EN
Christian Steiner

SHS Informationsssteme AG concludes 2005 with output and earnings growth:

SHS Informationssysteme AG / Final Results

Corporate-announcement 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

DGAP 30.03.2006

language: English
company: 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
stockmarkets: Geregelter Markt in Frankfurt (Prime Standard); Freiverkehr
in Berlin-Bremen, Stuttgart, München, Hamburg, Düsseldorf

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