SHS VIVEON penetrates new markets in Eastern Europe

SHS VIVEON AG / MiscellaneousRelease of a Corporate News, transmitted by DGAP - a company of EquityStoryAG.The issuer / publisher is solely responsible for the content of this announcement.----------------------------------------------------------------------Martinsried, July 24, 2007 - SHS VIVEON has entered into a new strategicalliance with the Czech company Hypoworld. This strategic alliance aims tojointly develop and operate a state-of-the-art online platform for realestate credit brokers for the Czech market. SHS VIVEON won the selectionprocess for a customer risk management partner with the latest generationGUARDEAN Risk Suite 5. SHS VIVEON will participate in the success of theonline brokerage as Hypoworld's business partner.The Czech company Hypoworld A.S. is a service provider for real estatecredit brokers, and aims to become the market leader in Central EasternEurope. The company plans to achieve this ambitious target by combiningcompetent and independent advice from real estate financing specialistswith the advantages offered by the Internet. Hypoworld has decided tocooperate with the customer risk management specialist SHS VIVEON for thisproject. The two companies will jointly establish and operate one ofEurope's most modern service platforms for real estate credit brokerage.After a comprehensive selection process at Hypoworld, SHS VIVEON succeededin winning out against a large number of European competitors.As part of this strategic alliance, Hypoworld has engaged SHS VIVEON toequip the real estate credit brokerage platform with customer risksolutions. SHS VIVEON will provide application management as an ASPsolution in its data center. The platform's state-of-the-art, fullyautomated application review system is based on the latest generation ofGUARDEAN Risk Suite 5. External credit agencies and data pools will belinked via the middleware GUARDEAN Gateway.'The key factor behind our decision to go with SHS VIVEON as our newbusiness partner was its flexibility and its software solution,' commentedMilan Rocek, the founder and majority owner of Hypoworld, on the strategicalliance. 'No other provider was able to supply a comparable package ofservices.''This strategic alliance will open up new markets in Eastern Europe forus,' commented Dirk Roesing, SHS VIVEON AG's CEO, on the partnership withHypoworld. 'Growth rates for financial services markets in Eastern Europeare enormous. For example, the Czech market for real estate financing grewby 40% in 2006 alone.' SHS VIVEON AG's new GUARDEAN Risk Suite 5 and the opportunities to linkthis in with GUARDEAN process solutions (GUARDEAN DebitTEX, GUARDEANApplication Manager Finance) and special products (GUARDEAN Gateway,GUARDEAN Annual Accounts Analyzer, GUARDEAN Credit Quality Index)constitute a key milestone in realizing customized solutions for complexproblems. The modules available, such as the Visual Workflow Designer, theRules & Calculation Editor, the Data Model, Scorecard and Decision TreeDesigner, allow risk managers to automate corporate workflows according toapplications and industries.SHS VIVEON AG is an end-to-end provider of customer management solutions,and offers a portfolio of consulting, software products and solutions thatis unrivaled on the market. This portfolio spans the key topics of customerrisk, customer value and customer interaction management, customeranalytics, customer management applications and business intelligence anddata warehouse. With more than 150 customers in 15 countries and more than600 employees, SHS VIVEON is one of Europe's leading customer managementproviders. The corporate group recorded total operating revenues of EUR 43million in 2006.SHS VIVEON AG is headquartered in Martinsried (by Munich) and is listed onthe Frankfurt Stock Exchange's Prime Standard. It has three subsidiaries innine locations in three European countries: SHS VIVEON GmbH (D), SHS VIVEONSchweiz AG (CH) and SHS Polar Sistemas Informáticos S.L. (E). Its customersinclude BMW Financial Services, Crédit Agricole, DAB Bank, Danone, IngramMicro, o2, Orange, SüdLeasing, Telefónica, Toyota Kreditbank, T-Mobile,T-Online and further international groups in the telecommunications,financial services, industry and retail sectors. Additional information isavailable at: www.SHS-VIVEON.com.Further information:SHS VIVEON AGKatrin KoberFraunhoferstraße 12D-82152 Martinsried bei MünchenTel. +49 (89) -747257-34Fax +49 (89) -747257-10Katrin.Kober@SHS-VIVEON.comwww.SHS-VIVEON.com. DGAP 24.07.2007 ---------------------------------------------------------------------- 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 ---------------------------------------------------------------------------