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This song is from their second album Palais Schaumberg, which was released in 1981. Palais Schaumburg was an early 80’s Neue Deutche Welle (German New Wave) band from Hamburg, Germany. The band was co-founded in 1980 by Holger Hiller and Thomas Fehlmann, who met each other at the HFBK.
Listen to more here.
Further Reading:
Art-Magazin interview of Hoger Hiller in German (2013)
Article in Electronic Beats
A Guide to Neue Deutche Welle