21/03/2006 Corporate News EN
Christian Steiner

SHS Informationssysteme AG successfully completes right issue

SHS Informationssysteme AG / Issue of Equity

Corporate-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 Prime
Standard segment of the Frankfurt Stock Exchange (WKN 507240), has
successfully completed the rights issue announced on 20th February 2006. In
total, 2,494,987 bearer shares were issued at an issue price of 2.95 Euro
per share. Shares not subscribed for by existing shareholders, were placed
with institutional investors in a private placement. Due to the high demand
the capital increase was well oversubscribed. The company raised gross
proceeds of 7.4 million Euro in cash. These funds will primarily be used to
finance the cash component of the acquisition of VIVEON AG, Munich, which
was announced on 9th February 2006, as well as transaction costs.

Wolfgang Brand, CFO of SHS Informationssysteme AG: “The acquisition of
VIVEON AG is another milestone in the consequent execution of our strategy,
to become Europe’s leading solution provider for Credit Risk & Customer
Value Management. SHS group has substantially enhanced its strength with
respect to its service offering and earnings 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 2004,
the company recorded revenues of EUR 32 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 21.03.2006

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

End of News DGAP News-Service