15/05/2008 Corporate News EN
Christian Steiner

SHS VIVEON AG publishes figures for Q1 2008

SHS VIVEON AG / Quarter Results

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o Core business grows 22% in German-speaking region
o EBITDA stable year-on-year at EUR 0.5 million
o Positive outlook for year as a whole

Martinsried, May 15, 2008 – SHS VIVEON AG, Europe’s leading provider of
customer management solutions, recorded a total output of EUR 12.8 million
in the first quarter of 2008. This figure is thus around the same as the
previous year’s figure of EUR 13.1 million. Core business in the
German-speaking region enjoyed highly dynamic growth. During the first
quarter, this region recorded substantial growth – up 22% from EUR 5.3
million to 6.4 million. This means that SHS VIVEON was able to further
reinforce its position on the market in its core business. In contrast
business at the Spanish subsidiary SHS Polar fell. This was due to the
downturn in hardware sales, and mostly also to the further downturn in the
number of employees. The number of employees in Spain fell by 21%
year-on-year as a result of the continuing highly competitive labor market,
which led to a similar downturn in output. In total, the Spanish
subsidiary’s output thus fell in the first quarter of 2008 from EUR 7.8
million to EUR 6.4 million. On the other hand the order backlog for SHS
VIVEON Group as of 31.03.2008 amounted to EUR 8.5 million and therefore was
substantially higher than the comparable value of the previous year of EUR
6.7 million.

EBITDA was constant year-on-year at EUR 0.5 million. In contrast, EBIT
improved to EUR 0.1 million (previous year: EUR –0.1 million). Taking the
financial result and taxes into account, earnings after taxes totaled EUR
–0.2 million, also an improvement compared to the first quarter of 2007
(earnings after adjustment for extraordinary factors totaling EUR 2.9
million: EUR –0.5 million). Earnings per share thus totaled EUR –0.01 in
the first quarter. The cash flow from operating activities recorded in the
first quarter of 2008 totaled EUR 0.7 million – up substantially
year-on-year (2006: EUR –1.5 million). The equity ratio also improved
further to 57%.

Dirk Roesing, SHS VIVEON’s CEO is optimistic about the further course of
business: 'We have created very solid foundations for our further growth.
In addition, at the end of the quarter we were able to implement
significantly higher daily rates for our key account in Spain. This will
have a positive impact on output and earnings in the coming quarters. On
the whole, we believe that the Group’s overall growth will continue in
2008, and that profitability will increase. This will mostly be the result
of the further expansion of our core business in the German-speaking

SHS VIVEON AG is pan-European business and IT consulting company for
customer management solutions, specializing in generating and developing
customer risk management products. SHS VIVEON AG is headquartered in
Martinsried (by Munich) and is listed on the Frankfurt Stock Exchange's
Prime Standard. It has four subsidiaries in ten locations in three European
countries: SHS VIVEON GmbH (D), SHS VIVEON Schweiz AG (CH), SHS Polar
Sistemas Informáticos S.L. (E) and SHS VIVEON Iberia S.L. (E). SHS VIVEON
is one of Europe's leading customer management providers with more than 500
employees and 150 customers in 15 countries, of which 30% are Fortune 500
International companies. SHS VIVEON's customers include well-known
customers from the financial services, industry, retail and
telecommunications sectors, including BayWa, BMW Financial Services, Credit
Suisse, DaimlerChrysler, Deutsche Telekom, Ingram Micro, RaabKarcher, o2
Deutschland, Orange, SüdLeasing and Telefonica. Additional information is
available at: www.The-Customer-Management-Company.com

Wolfgang Brand
Tel.: +49 (0)89 - 747257-0
E-mail: Investor.Relations@SHS-VIVEON.com

cometis AG
Ulrich Wiehle
Tel.: +49 (0)611 - 205855-11
E-mail: wiehle@cometis.de
15.05.2008 Financial News transmitted by DGAP

Language: English
Fraunhoferstraße 12
82152 Martinsried bei München
Phone: +49 (0)89 747-257-0
Fax: +49 (0)89 747-257-10
E-mail: investor.relations@shs-viveon.com
Internet: www.shs-viveon.com
ISIN: DE0005072409
WKN: 507240
Listed: Regulierter Markt in Frankfurt (Prime Standard); Freiverkehr
in Berlin, Stuttgart, München, Hamburg, Düsseldorf

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