SHS VIVEON AG enjoys double-digit growth in its core business in the first 9 months 2008

SHS VIVEON AG / Quarter ResultsRelease of a Corporate News, transmitted by DGAP - a company of EquityStoryAG.The issuer / publisher is solely responsible for the content of this announcement.----------------------------------------------------------------------o Output in continued operations up 16% to EUR 19.0 milliono   EBITDA in core business almost doubles to EUR 0.5 million Martinsried, November 12, 2008 – SHS VIVEON AG, one of the leadingproviders of IT solutions for customer management, again confirmed itson-track growth in its core business in the first nine months of 2008. TheMunich-based software and consulting company increased its output by 16%from EUR 16.39 million to EUR 19.01 million in the first nine months of2008. As already reported in the Half Year Financial Report, the businessthat is up for sale in Spain is carried as discontinued operations underIFRS.In its continued operations, SHS VIVEON AG recorded EBITDA of EUR 0.48million, and thus up around 79% on the same period of the previous year(EUR 0.27 million). As a result of the scheduled amortization of intangibleassets performed for the last time this year, EBIT in the continuedoperations totaled EUR -0.50 million (previous year: EUR -1.30 million).Consolidated earnings from continued operations totaled EUR -0.40 millionafter the end of the first nine months of 2008 – also a significantimprovement compared to the previous year (EUR -1.43 million). Thiscorresponds to earnings per share of EUR -0.03 (previous year: EUR -0.10).The cash flow from operating activities in the continued and discontinuedoperations totaled EUR 0.18 million (9m 2007: EUR -2.02 million). Cash andcash equivalents as of September 30, 2008 totaled EUR 1.37 million.As of September 30, 2008 discontinued operations recorded a significantloss of             EUR -13.76 million. This was due to the extraordinarywrite-down of goodwill in connection with the planned sale of SHS Polar atthe amount of EUR 11 million already performed on June 30, 2008. There wasan additional amortization of goodwill for SHS Polar in the third quarterof 2008 totaling EUR 0.90 million. As a result, SHS VIVEON AG has donejustice to the fact that the anticipated price from the sale, which has notyet been completed, is expected to be lower than expected as a result ofthe depressed situation on the market. In the first nine months of 2008 theoutput in the discontinued operations was EUR 17.5 million and thereforewas substantially lower than the output of EUR 25.7 million generated in2007. This means that the total output for SHS VIVEON Group in 2008 will belower than in the previous year.  Dirk Roesing, CEO of SHS VIVEON AG, is pleased with growth in the continuedoperations: 'We are right on track in our core business. We are workingintensely in Spain to find a good solution as early as possible.'SHS VIVEON AG's full nine month report for 2008 can be downloaded withimmediate effect from the company's Web Site www.shs-viveon.com (InvestorRelations section). SHS VIVEON AG is a pan-European business and IT consulting firm forcustomer management solutions, with a range of products specializing incustomer risk management. SHS VIVEON AG, based in Martinsried (by Munich),is listed in Frankfurt Stock Exchange’s Prime Standard and has a presencein four European countries with four subsidiaries and eight locations:GUARDEAN GmbH (D), SHS VIVEON Schweiz AG (CH), SHS Polar SistemasInformáticos S.L. (E) and SHS VIVEON Iberia S.L. (E). SHS VIVEON is one ofEurope’s leading providers for customer management with around 500employees and in excess of 150 customers in 15 countries, of which 30% areincluded in Fortune 500 International. SHS VIVEON’s customers includewell-known companies from the financial services, industrial and retail andtelecommunications segments, including BayWa, BMW Financial Services,Credit Suisse, Daimler, Deutsche Telekom, Ingram Micro, RaabKarcher,Telefónica o2, Orange and SüdLeasing. Further information on the companycan be found at:www.The-Customer-Management-Company.comFurther information:SHS VIVEON AGWolfgang BrandTel.: +49 (0)89 - 747257-0Email: Investor.Relations@SHS-VIVEON.comcometis AGUlrich WiehleTel.: +49 (0)611 - 205855-11Email: wiehle@cometis.de12.11.2008  Financial News transmitted by DGAP---------------------------------------------------------------------- Language:     EnglishIssuer:       SHS VIVEON AG              Fraunhoferstraße 12              82152 Martinsried bei München              DeutschlandPhone:        +49 (0)89 747-257-0Fax:          +49 (0)89 747-257-10E-mail:       investor.relations@shs-viveon.comInternet:     www.shs-viveon.comISIN:         DE0005072409WKN:          507240Listed:       Regulierter Markt in Frankfurt (Prime Standard); Freiverkehr              in Berlin, Hannover, München, Hamburg, Düsseldorf, Stuttgart End of News                                     DGAP News-Service ---------------------------------------------------------------------------