SHS VIVEON AG publishes figures for Q1 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 Core business grows 22% in German-speaking region o EBITDA stable year-on-year at EUR 0.5 milliono Positive outlook for year as a wholeMartinsried, May 15, 2008 – SHS VIVEON AG, Europe’s leading provider ofcustomer management solutions, recorded a total output of EUR 12.8 millionin the first quarter of 2008. This figure is thus around the same as theprevious year’s figure of EUR 13.1 million. Core business in theGerman-speaking region enjoyed highly dynamic growth. During the firstquarter, this region recorded substantial growth – up 22% from EUR 5.3million to 6.4 million. This means that SHS VIVEON was able to furtherreinforce its position on the market in its core business. In contrastbusiness at the Spanish subsidiary SHS Polar fell. This was due to thedownturn in hardware sales, and mostly also to the further downturn in thenumber 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 Spanishsubsidiary’s output thus fell in the first quarter of 2008 from EUR 7.8million to EUR 6.4 million. On the other hand the order backlog for SHSVIVEON Group as of 31.03.2008 amounted to EUR 8.5 million and therefore wassubstantially higher than the comparable value of the previous year of EUR6.7 million.EBITDA was constant year-on-year at EUR 0.5 million. In contrast, EBITimproved to EUR 0.1 million (previous year: EUR –0.1 million). Taking thefinancial 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 2.9million: EUR –0.5 million). Earnings per share thus totaled EUR –0.01 inthe first quarter. The cash flow from operating activities recorded in thefirst quarter of 2008 totaled EUR 0.7 million – up substantiallyyear-on-year (2006: EUR –1.5 million). The equity ratio also improvedfurther to 57%.Dirk Roesing, SHS VIVEON’s CEO is optimistic about the further course ofbusiness: 'We have created very solid foundations for our further growth.In addition, at the end of the quarter we were able to implementsignificantly higher daily rates for our key account in Spain. This willhave a positive impact on output and earnings in the coming quarters. Onthe whole, we believe that the Group’s overall growth will continue in2008, and that profitability will increase. This will mostly be the resultof the further expansion of our core business in the German-speakingregion.'SHS VIVEON AG is pan-European business and IT consulting company forcustomer management solutions, specializing in generating and developingcustomer risk management products. SHS VIVEON AG is headquartered inMartinsried (by Munich) and is listed on the Frankfurt Stock Exchange'sPrime Standard. It has four subsidiaries in ten locations in three Europeancountries: SHS VIVEON GmbH (D), SHS VIVEON Schweiz AG (CH), SHS PolarSistemas Informáticos S.L. (E) and SHS VIVEON Iberia S.L. (E). SHS VIVEONis one of Europe's leading customer management providers with more than 500employees and 150 customers in 15 countries, of which 30% are Fortune 500International companies. SHS VIVEON's customers include well-knowncustomers from the financial services, industry, retail andtelecommunications sectors, including BayWa, BMW Financial Services, CreditSuisse, DaimlerChrysler, Deutsche Telekom, Ingram Micro, RaabKarcher, o2Deutschland, Orange, SüdLeasing and Telefonica. Additional information isavailable at: www.The-Customer-Management-Company.comSHS VIVEON AGWolfgang BrandTel.: +49 (0)89 - 747257-0E-mail: Investor.Relations@SHS-VIVEON.comcometis AGUlrich WiehleTel.: +49 (0)611 - 205855-11E-mail: wiehle@cometis.de15.05.2008  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, Stuttgart, München, Hamburg, Düsseldorf End of News                                     DGAP News-Service ---------------------------------------------------------------------------