SHS Informationssysteme AG: Successful first quarter 2006

SHS Informationssysteme AG / Quarter ResultsCorporate-announcement transmitted by DGAP - a company of EquityStory AG.The issuer is solely responsible for the content of this announcement.----------------------------------------------------------------------Munich, May 11, 2006 – The SHS Informationssysteme AG, Martinsried /Munich,looks back at a successful first quarter 2006. Within this period the SHSGroup was able to increase its output by 15.4% from EUR 9.69 million to EUR11.18 million. The decisive factor for this positive development was theimproved operations of the SHS Group. As of October 2005 and February 2006,SHS Systech Software GmbH and Viveon AG respectively also belong to the SHSGroup. A significant increase in EBITDA to EUR 0.43 million was achievedcompared to EUR 0.27 million in the prior year period in 2005. Especiallydue to high expenses for goodwill amortisation as a result of takeovers,the first quarter 2006 resulted in a net loss of minus EUR 0.51 million (1.quarter 2005: EUR -0.06 million). This corresponds to earnings per share ofminus EUR 0.05.'With the results of the first quarter we are heading in the rightdirection. In the short and medium term we want to benefit even more fromthe current market opportunities through our extended service portfolio”,commented Chief Executive Officer Dirk Roesing and adds: “Our newcustomers, won in the first quarter 2006, among them DaimlerChryslerFinancial Services AG, affirm our market knowledge and our optimizedIT-solutions as a result of the acquisitions.In the course of the acquisitions, the balance sheet and liquidity ratioschanged only minimally. Resulting from the capital increase in March 2006,the equity ratio increased only slightly to 46.5% on the quarter closingdate (December 31, 2005: 44.2%). In consequence of consolidation, cash andcash equivalents rose to EUR 2.49 million compared to EUR 1.67 million atthe end of fiscal year 2005.The target for the current fiscal year, next to the continuous advancementof operations, is the successful integration of the acquired companies.With this the SHS Group creates the requisites to bundle the strengths ofthe company. The objective is to increase the customer base and thus toenforce the growth of the company in Germany and Western Europe.Due to the current preparation of a prospectus in connection with recentcapital increases the detailed quarterly report will be published on May 18instead of May 11, 2006.MSHS Informationssysteme AG, based in Martinsried/ Munich, is listed on thePrime Standard segment of the Frankfurt Stock Exchange and operates asubsidiary in Spain and Switzerland. The IT services provider focuses onoffering customer management and credit risk management solutions tocompanies with a broad customer base. In 2005, the company recordedrevenues of EUR 41 million. The customers of SHS Informationssysteme AGinclude BMW Financial Services, Toyota Kreditbank, Ingram Micro, CréditAgricole, T-Mobile, T-Online, SüdLeasing, Telefónica, amena, Barclaycardand other international companies in the automobile, information andfinancial services sector.For more information, see www.shs.deSHS Informationssysteme AGInvestor RelationsTel.: +49 – 89 – 747257-37e-mail: investor.relations@shs.de cometis AGUlrich WiehleTel: +49 – 611 – 205855-11e-mail: wiehle@cometis.deDGAP 11.05.2006 ---------------------------------------------------------------------- Language:     EnglishIssuer:       SHS Informationssysteme AG              Fraunhoferstraße 12              82152 Martinsried bei München DeutschlandPhone:        +49-(0)89-747-257-0Fax:          +49-(0)89-747-257-10email:        investor.relations@shs.deWWW:          www.shs.deISIN:         DE0005072409WKN:          507240indices:      Listed:       Geregelter Markt in Frankfurt (Prime Standard); Freiverkehr              in Berlin-Bremen, Stuttgart, München, Hamburg, Düsseldorf End of News                                     DGAP News-Service ---------------------------------------------------------------------------