SHS VIVEON AG releases figures for 2006 financial year

SHS VIVEON AG / Final ResultsRelease of a Corporate-announcement, transmitted by DGAP - a company ofEquityStory AG.The issuer is solely responsible for the content of this announcement.----------------------------------------------------------------------o Guidance from October 2006 accomplished:Total output 42.9 million EUR / EBITDA 1.0 million EURo Successful restructuring provides stable base for the futureMartinsried, March 29, 2007 – SHS VIVEON Group has increased its totaloutput from41.0 million EUR in the previous year by 5% to 42.9 million EUR. The corebusiness of SHSVIVEON Group could significantly increase its output from 26.7 million EURby 39% to37.2 million EUR. EBITDA (Earnings before interest, taxes, depreciation andamortisation)reached 1.0 million EUR (previous year: 1.45 million EUR). The lower EBITDAresults fromone-off restructuring costs in Germany as well as for the Spanishsubsidiary SHS Polar.Moreover, revenues and earnings in the non-core sale of hardware componentshavedecreased. Due to the scheduled amortisation of intangible assets activatedin course of therecent acquisitions, as well as the extraordinary amortisation of thegoodwill for SHS Polar inthe amount of 4.3 million EUR, net income amounted to minus 2.2 million EUR(previous year:minus 0.9 million EUR). This corresponds to earnings per share of minus0.17 EUR.'During the past fiscal year we have created a stable base for profitablegrowth in the comingyears', explains CEO Dirk Roesing today’s figures for the fiscal year 2006.In the future, SHSVIVEON Group will be able to realise operative synergies thanks to itssuccessfulrestructuring. Also, the company is supported by a significantly improvedcapital structure.Thanks to waivers of IKB Deutsche Industriebank AG the existing loan forSHS Polar in theamount of 8.8 million EUR will be released via a one-off compensationpayment of2.2 million EUR. Thus, in a first step net debt decreased by 4 million EURat the end of 2006.At the same time, the equity ratio improved to 47% at the balance sheetdate. Cash and cashequivalents increased from 1.7 million EUR in the previous year to 2.9million EUR. DirkRoesing is optimistic for the future: 'Due to our significantly expandedproduct and consultingportfolio for Customer Risk and Customer Value Management we now want toimprove ourmarket position and operative margins through intensified salesactivities!'The full annual report 2006 of SHS VIVEON AG is available for download onthe InvestorRelations area of the Website www.shs-viveon.com.Martinsried-based SHS VIVEON AG is listed on the Prime Standard segment ofthe Frankfurt Stock Exchange andoperates subsidiaries in Spain and Switzerland. The IT services providerfocuses on offering customermanagement and credit risk management solutions to companies with a broadcustomer base. In 2006, thecompany recorded revenues of 43 million EUR. The customers of SHS VIVEON AGinclude Financial Services,Crédit Agricole, DAB Bank, Danone, E-Plus, Ingram Micro, KQIS, O2, Orange,SüdLeasing, Telefónica, ToyotaKreditbank, T-Mobile, T-Online and other international companies in theautomobile, information and financialservices sector. For more information, see www.SHS-VIVEON.com.SHS VIVEON AGWolfgang BrandPhone: +49 – 89 – 747257-24E-mail: Investor.Relations@SHS-VIVEON.comcometis AGUlrich WiehlePhone: +49 – 611 – 205855-11E-mail: wiehle@cometis.deDGAP 29.03.2007 ---------------------------------------------------------------------- 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.comwww:          www.shs-viveon.comISIN:         DE0005072409WKN:          507240Indices:      Listed:       Geregelter Markt in Frankfurt (Prime Standard); Freiverkehr              in Berlin-Bremen, Stuttgart, München, Hamburg, Düsseldorf End of News                                     DGAP News-Service ---------------------------------------------------------------------------