SHS Informationssysteme AG successfully completes right issue

SHS Informationssysteme AG / Issue of EquityCorporate-announcement transmitted by DGAP - a company of EquityStory AG.The issuer is solely responsible for the content of this announcement.----------------------------------------------------------------------Munich, 21st March 2006  – SHS Informationssysteme AG, listed in the PrimeStandard segment of the Frankfurt Stock Exchange (WKN 507240), hassuccessfully completed the rights issue announced on 20th February 2006. Intotal, 2,494,987 bearer shares were issued at an issue price of 2.95 Europer share. Shares not subscribed for by existing shareholders, were placedwith institutional investors in a private placement. Due to the high demandthe capital increase was well oversubscribed. The company raised grossproceeds of 7.4 million Euro in cash. These funds will primarily be used tofinance the cash component of the acquisition of VIVEON AG, Munich, whichwas announced on 9th February 2006, as well as transaction costs.Wolfgang Brand, CFO of SHS Informationssysteme AG: “The acquisition ofVIVEON AG is another milestone in the consequent execution of our strategy,to become Europe’s leading solution provider for Credit Risk & CustomerValue Management. SHS group has substantially enhanced its strength withrespect to its service offering and earnings potential.”Munich-based SHS Informationssysteme AG is listed on the Prime Standardsegment of the Frankfurt Stock Exchange and operates a subsidiary in Spain.The IT services provider focuses on offering customer management and creditrisk management solutions to companies with a broad customer base. In 2004,the company recorded revenues of EUR 32 million. The customers of SHS AGinclude 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 andfinancial sectors. For more information, see www.shs.deWolfgang BrandSHS Informationssysteme AGTel.: +49 – 89 – 747257-0e-mail: wolfgang.brand@shs.deAndreas HoschkeHOSCHKE & CONSORTEN Public Relations GmbHTel.: +49 – 40 – 369050-55e-mail: a.hoschke@hoschke.deDGAP 21.03.2006 ---------------------------------------------------------------------- language:     Englishcompany:      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:      stockmarkets: Geregelter Markt in Frankfurt (Prime Standard); Freiverkehr              in Berlin-Bremen, Stuttgart, München, Hamburg, Düsseldorf End of News                                     DGAP News-Service ---------------------------------------------------------------------------