SHS VIVEON AG’s earnings up substantially in H1 2007

SHS VIVEON AG / Half Year 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 output up 13% - total output up 29%o Operative result (EBITDA) up 49%o Pretax result (EBT) totals EUR 2.4 million Martinsried, August 16, 2007 – SHS VIVEON AG successfully continued itsgrowth in the first six months of 2007. Compared to the previous year, thegroup's total output increased by 29% to EUR 28.9 million (previous year:EUR 22.4 million). In its core segment for software solutions andconsulting services for customer value and risk management, the grouprecorded a total output of EUR 20.6 million. This is up 13% year-on-year.In the non-strategic hardware sales business, SHS VIVEON doubled itsrevenues to EUR 8.5 million (previous year: EUR 4.2 million).EBITDA from continued operations totaled EUR 1.1 million. This is up 49%compared to EBITDA in H1 2006 (EUR 0.7 million). Furthermore, these resultsfrom the first six months of 2007 have already exceeded the EBITDA for thefull fiscal year 2006 (EUR 1.0 million). Moreover, SHS VIVEON AG recordedother operating income totaling EUR 1.1 million from the sale of its'Interactive' division, bringing EBITDA to a grand total of around EUR 2.2million.The financial result totaled EUR 2.5 million (previous year: EUR  0.4million) and includes positive effects on earnings from the reversal of aloan from IKB Deutsche Industriebank AG in the amount of EUR 3.0 million.Pre-tax earnings (EBT) totaled EUR 2.4 million (previous year: EUR -1.5million). The group recorded consolidated earnings for the first six monthstotaling EUR 2.6 million (previous year: EUR -1.1 million). Of this total,around EUR 1.2million  are due to the sale of the 'Interactive' division.Earnings per share thus totaled EUR 0.19 (previous year: EUR -0.09). At thesame time, the equity ratio again improved from 47% at the end of fiscalyear 2006 to 55%. This means that SHS VIVEON AG now has very solidfinancial structure after a successful restructuring.CEO Dirk Roesig is very pleased with the H1 results: 'Our end-to-endrestructuring and integration activities have already borne fruit in thefirst six months of 2007. Our acquisition of new customers includingCapital One de Bankinter in Spain and the Czech Hypoworld emphasize that weare on the right track.'Martinsried-based SHS VIVEON AG is listed on the Prime Standard segment ofthe Frankfurt Stock Exchange and operates subsidiaries in Spain andSwitzerland. The IT services provider focuses on offering customermanagement and credit risk management solutions to companies with a broadcustomer base. In 2006, the company recorded revenues of 43 million EUR.The customers of SHS VIVEON AG include Financial Services, Crédit Agricole,DAB Bank, Danone, E-Plus, Ingram Micro, KQIS, O2, Orange, SüdLeasing,Telefónica, Toyota Kreditbank, T-Mobile, T-Online and other internationalcompanies in the automobile, information and financial services sector. Formore information, see www.SHS-VIVEON.com.DGAP 16.08.2007 ---------------------------------------------------------------------- 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.comInternet:     www.shs-viveon.comISIN:         DE0005072409WKN:          507240Indices:      Listed:       Geregelter Markt in Frankfurt (Prime Standard); Freiverkehr              in Berlin, Stuttgart, München, Hamburg, Düsseldorf End of News                                     DGAP News-Service ---------------------------------------------------------------------------