16/08/2007 Corporate News EN
Christian Steiner

SHS VIVEON AG’s earnings up substantially in H1 2007

SHS VIVEON AG / Half Year Results

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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 its
growth in the first six months of 2007. Compared to the previous year, the
group's total output increased by 29% to EUR 28.9 million (previous year:
EUR 22.4 million). In its core segment for software solutions and
consulting services for customer value and risk management, the group
recorded 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 its
revenues 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 results
from the first six months of 2007 have already exceeded the EBITDA for the
full fiscal year 2006 (EUR 1.0 million). Moreover, SHS VIVEON AG recorded
other operating income totaling EUR 1.1 million from the sale of its
'Interactive' division, bringing EBITDA to a grand total of around EUR 2.2

The financial result totaled EUR 2.5 million (previous year: EUR 0.4
million) and includes positive effects on earnings from the reversal of a
loan 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 -1.5
million). The group recorded consolidated earnings for the first six months
totaling 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 the
same time, the equity ratio again improved from 47% at the end of fiscal
year 2006 to 55%. This means that SHS VIVEON AG now has very solid
financial structure after a successful restructuring.

CEO Dirk Roesig is very pleased with the H1 results: 'Our end-to-end
restructuring and integration activities have already borne fruit in the
first six months of 2007. Our acquisition of new customers including
Capital One de Bankinter in Spain and the Czech Hypoworld emphasize that we
are on the right track.'

Martinsried-based SHS VIVEON AG is listed on the Prime Standard segment of
the Frankfurt Stock Exchange and operates subsidiaries in Spain and
Switzerland. The IT services provider focuses on offering customer
management and credit risk management solutions to companies with a broad
customer 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 international
companies in the automobile, information and financial services sector. For
more information, see www.SHS-VIVEON.com.
DGAP 16.08.2007

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: Geregelter Markt in Frankfurt (Prime Standard); Freiverkehr
in Berlin, Stuttgart, München, Hamburg, Düsseldorf

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