SHS Informationssysteme AG becomes SHS VIVEON AG

SHS Informationssysteme AG / Miscellaneous



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Change in company name is an important step during integration of the
subsidiaries


Martinsried, August 4th, 2006 – SHS Informationssysteme AG has taken an
important step for the integration of the subsidiaries SHS Systech Software
GmbH and VIVEON AG, both acquired in recent months. With the registration
in the Commercial Registry on August 3rd, 2006 the company now operates
under the name SHS VIVEON AG. With this, the integration of the acquired
subsidiaries, which is running at full steam, also becomes visible for the
outside. As of now, the solution, product and consulting competencies in
the field of customer risk and customer value management will be bundled
under the parent company SHS VIVEON AG. “The integration of each single
subsidiary is the logical consequence of the take-overs. Herewith we can
advise our customers from one source throughout the entire value chain.
Further, we are creating the base for the realization of inter-company
synergies”, explains CEO Dirk Roesing the latest actions. “Our future
company structure is adapted to market requirements. Thereby, we can even
better deliver outstanding product and consulting services in the area of
customer management.”

Part of the integration measures is also the rebranding of the entire
company group. In future, besides a new company appearance and new company
logo, the products will be marketed under a unified umbrella brand name. At
the same time the processes and responsibilities within the group will be
redefined and decision processes will be shortened. The brand change of the
existing subsidiaries, expected in the coming weeks, supports a unified
appearance towards the customers. The management has estimated approx. 0.2
mill € for the integration measures, which should be successfully completed
by the end of the year. Thus, the SHS VIVEON AG will be able to benefit to
the fullest from the market opportunities in the area of the customer risk
and customer value management.


Martinsried-based SHS VIVEON AG is listed on the Prime Standard segment of
the Frankfurt Stock Exchange and operates subsidiaries in Spain and
Switzerland. 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 Informationssysteme AG include BMW Financial Services,
Toyota Kreditbank, Ingram Micro, Crédit Agricole, T-Mobile, T-Online,
SüdLeasing, Telefónica, amena, Barclaycard and other international
companies in the automobile, information and financial services sector. For
more information, see www.shs.de.


SHS VIVEON AG
Investor Relations
Tel.: +49 – 89 – 747257-37
e-mail: Investor.relations@shs.de

cometis AG
Ulrich Wiehle
Tel: +49 – 611 – 205855-11
e-mail: wiehle@cometis.de


DGAP 04.08.2006 
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Language:     English
Issuer:       SHS Informationssysteme AG
              Fraunhoferstraße 12
              82152 Martinsried bei München Deutschland
Phone:        +49-(0)89-747-257-0
Fax:          +49-(0)89-747-257-10
E-mail:       investor.relations@shs.de
WWW:          www.shs.de
ISIN:         DE0005072409
WKN:          507240
Indices:      
Listed:       Geregelter Markt in Frankfurt (Prime Standard); Freiverkehr
              in Berlin-Bremen, Stuttgart, München, Hamburg, Düsseldorf
 
End of News                                     DGAP News-Service
 
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