11/05/2006 Corporate News EN
Christian Steiner

SHS Informationssysteme AG: Successful first quarter 2006

SHS Informationssysteme AG / Quarter Results

Corporate-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 SHS
Group was able to increase its output by 15.4% from EUR 9.69 million to EUR
11.18 million. The decisive factor for this positive development was the
improved operations of the SHS Group. As of October 2005 and February 2006,
SHS Systech Software GmbH and Viveon AG respectively also belong to the SHS
Group. A significant increase in EBITDA to EUR 0.43 million was achieved
compared to EUR 0.27 million in the prior year period in 2005. Especially
due 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 of
minus EUR 0.05.

'With the results of the first quarter we are heading in the right
direction. In the short and medium term we want to benefit even more from
the current market opportunities through our extended service portfolio”,
commented Chief Executive Officer Dirk Roesing and adds: “Our new
customers, won in the first quarter 2006, among them DaimlerChrysler
Financial Services AG, affirm our market knowledge and our optimized
IT-solutions as a result of the acquisitions.

In the course of the acquisitions, the balance sheet and liquidity ratios
changed only minimally. Resulting from the capital increase in March 2006,
the equity ratio increased only slightly to 46.5% on the quarter closing
date (December 31, 2005: 44.2%). In consequence of consolidation, cash and
cash equivalents rose to EUR 2.49 million compared to EUR 1.67 million at
the end of fiscal year 2005.

The target for the current fiscal year, next to the continuous advancement
of operations, is the successful integration of the acquired companies.
With this the SHS Group creates the requisites to bundle the strengths of
the company. The objective is to increase the customer base and thus to
enforce the growth of the company in Germany and Western Europe.

Due to the current preparation of a prospectus in connection with recent
capital increases the detailed quarterly report will be published on May 18
instead of May 11, 2006.

MSHS Informationssysteme AG, based in Martinsried/ Munich, is listed on the
Prime Standard segment of the Frankfurt Stock Exchange and operates a
subsidiary 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 Informationssysteme 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 11.05.2006

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
email: investor.relations@shs.de
WWW: www.shs.de
ISIN: DE0005072409
WKN: 507240
Listed: Geregelter Markt in Frankfurt (Prime Standard); Freiverkehr
in Berlin-Bremen, Stuttgart, München, Hamburg, Düsseldorf

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