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LifeWatch AG: Agreement with AliveCor, Inc. Montag, 11. Januar 2016 - 07:03

LifeWatch AG / Key word(s): Agreement
LifeWatch AG: Agreement with AliveCor, Inc.

11.01.2016 / 07:00
Release of an ad hoc announcement pursuant to Art. 53 KR.
The issuer is solely responsible for the content of this announcement.

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LifeWatch AG signs agreement with AliveCor, Inc.  

Zug/Switzerland, January 11, 2016 - LifeWatch AG (SIX Swiss Exchange:
LIFE), a leading developer and provider of medical solutions and remote
diagnostic monitoring services to the digital health market, is pleased to
announce the signing of an agreement with AliveCor Inc. to utilize the
AliveCor(R) Mobile ECG technology in its cardiac monitoring business. We
are working together to integrate the AliveCor Mobile ECG into LifeWatch's
cardiac monitoring product offering.

Dr. Stephan Rietiker, CEO of LifeWatch, commented, "Digital health
monitoring is revolutionizing how people interact with healthcare delivery.
The AliveCor Mobile ECG will enable LifeWatch to broaden its cardiac event
monitoring services, whilst at the same time opening the door to post-event
cardiac monitoring via a patient's own mobile device. This will provide the
patient with greater control and convenience. At the same time, physicians
will benefit from a broader range of attractive, diagnostic options.
AliveCor's technology offering complements that of LifeWatch, and
emphasizes our commitment to using the most innovative technologies
available."

"We are excited about expanding into the remote patient monitoring market,
which will allow us to have a bigger impact on people's lives and bring
healthcare into the 21st century," said Vic Gundotra, chief executive
officer of AliveCor. "Using the AliveCor Mobile ECG will keep patients in
touch with their physicians outside of the hospital and can help to
identify cardiac problems before something life-threatening occurs."

The AliveCor Mobile ECG records accurate ECGs and heart rate anywhere and
at any time. The customer simply rests the fingers on the device or places
the device to the chest to record an ECG in just 30 seconds. A first
response is provided immediately with an in-depth expert analysis available
as required.

 

For further questions:

LifeWatch AG
c/o Dynamics Group, Philippe Blangey / Doris Rudischhauser
Phone: +41 43 268 32 35 / +41 79 410 81 88
E-mail: investor-relations@lifewatch.com


About LifeWatch AG:
LifeWatch AG, headquartered in Zug and listed on SIX Swiss Exchange (LIFE),
Switzerland, is a leading healthcare technology and solution company,
specializing in advanced digital health systems and wireless remote
diagnostic patient monitoring services. LifeWatch's services provide
physicians with critical information to determine appropriate treatment and
thereby improve patient outcomes. LifeWatch AG has operative subsidiaries
in the United States, in Switzerland and in Israel, and is the parent
company of LifeWatch Services Inc., and LifeWatch Technologies, Ltd.
LifeWatch Services, Inc. is a leading U.S.-based provider of cardiac
monitoring services and home sleep testing of Obstructive Sleep Apnea
(OSA). LifeWatch Technologies Ltd., based in Israel, is a leading developer
and manufacturer of telemedicine products. For additional information,
please visit www.lifewatch.com.

About AliveCor, Inc.
AliveCor Inc., is recognized around the world for transforming cardiac
care. The FDA cleared AliveCor(R) Mobile ECG is the most clinically
validated mobile ECG monitor on the market. It is recommended by leading
cardiologists and used by people worldwide for accurate ECG recordings.
Today, we offer a simple to use mobile device and service providing instant
analysis for detecting atrial fibrillation (AFib) and normal ECG's.
AliveCor is a privately-held company headquartered in San Francisco, Calif.
For more information, please visit www.alivecor.com.

AliveCor is a trademark of AliveCor, Inc., registered in the U.S. and other
countries.

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This press release includes forward-looking statements. All statements
other than statements of historical facts contained in this press release,
including statements regarding future results of operations and financial
position, the business strategy, and plans and objectives for future
operations, are forward-looking statements. The words "believe," "may,"
"will," "estimate," "continue," "anticipate," "intend," "expect" and
similar expressions are intended to identify forward-looking statements.
LifeWatch AG has based these forward-looking statements largely on current
expectations and projections about future events and financial trends that
it believes may affect the financial condition, results of operations,
business strategy, short-term and long-term business operations and
objectives, and financial needs. These forward-looking statements are
subject to a number of risks, uncertainties and assumptions. In light of
these risks, uncertainties and assumptions, the forward-looking events and
circumstances described may not occur and actual results could differ
materially and adversely from those anticipated or implied in the
forward-looking statements. All forward-looking statements are based only
on data available to LifeWatch AG at the time of the issue of this press
release. LifeWatch AG does not undertake any obligation to update any
forward-looking statements contained in this press release as a result of
new information, future events or otherwise.

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