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EANS-Adhoc: LifeWatch Services, Inc. hosts U.S. Congressman Chaka Fattah at its newly expanded Philadelphia Call Center for a Ribbon Cutting Ceremony and Town Hall Meeting on Healthcare Reform

Geschrieben am 09-07-2009


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ad-hoc disclosure transmitted by euro adhoc with the aim of a Europe-wide
distribution. The issuer is solely responsible for the content of this
announcement.
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Plant Openings

09.07.2009

Philadelphia, PA - LifeWatch Services, Inc. the leading provider of
wireless telemedicine services in the U.S. and the major subsidiary
of Swiss- based LifeWatch AG (SIX Swiss Exchange: LIFE), hosted the
Honorable US Congressman Chaka Fattah at its Philadelphia Monitoring
Center to celebrate the recent expansion of the center. Congressman
Fattah toured the facility, met with the staff, and discussed how
telemedicine technology will become a major component in healthcare
platforms in the United States.

"Technology plays a vital role in the delivery of medicine and
unfortunately healthcare has been one of the last major industries to
efficiently incorporate proven technology efficiently that ultimately
reduces cost and improves patient outcomes," said Congressman Fattah.

The visit was coordinated by John Mize, Director of the LifeWatch
Federal Business Division, as part of an overall strategy to increase
awareness in Washington of how telemedicine can transform healthcare
delivery toward a virtual healthcare delivery system that focuses on
new ways of managing chronic diseases, controlling costs, and
improving patient outcomes. The LifeWatch Federal Business Division
offers its services to U.S. government agencies, and is the only IDTF
(Independent Diagnostic Test Facility) company in the wireless
cardiac industry with the GSA Schedule (General Service
Administration) Contract that facilitates a simplified procurement of
ACT wireless monitoring services by a wide variety of U.S. government
agencies. As reported in the Q4 2008 Letter to Shareholders, the
revenues from LifeWatch's Federal Division grew from USD 460,000 in
2007 to USD 1.5 million in 2008.

"LifeWatch is committed to increasing awareness of telemedicine's
benefits with our policymakers in Washington. It was a privilege to
host Congressman Fattah at our facility and allow him to see
firsthand how technology will improve the delivery of healthcare,"
Mize said following the visit.

The LifeWatch monitoring center in Philadelphia has grown from 60
healthcare professionals in 2008 to more than 100 today, with a goal
to more than double its headcount in 2010, based on growing demand
for its services.

According to Brent Atwood, Chief Operations Officer at LifeWatch, "We
are ideally suited to support the transformation of healthcare in the
United States with our ability to create a virtual healthcare
platform that provides efficient remote management of health data,
and triaged patient care from our remote monitoring center that will
improve the quality and consistency of care provided to patients."

In May LifeWatch hosted U.S. Senator Dick Durbin the Majority Whip
and Senior Senator from Illinois at the Rosemont facility to discuss
expansion efforts and the role the company plays in President Obama's
plan for healthcare reform.

About LifeWatch AG

LifeWatch AG, headquartered in Neuhausen am Rheinfall and listed on
SIX Swiss Exchange (LIFE), Switzerland, is the leading healthcare
technology and solution company, specializing in advanced telehealth
systems and wireless cardiac monitoring services. LifeWatch services
treat high-risk and chronically ill patients, health conscious
consumers and wellness programs. LifeWatch has subsidiaries in the
United States, the Netherlands, Japan, the United Kingdom,
Switzerland and Israel. LifeWatch AG is the parent company of
LifeWatch Services Inc., a leading US-based cardiac monitoring
service provider, and LifeWatch Technologies Inc., a US-based
manufacturer of telecardiology products. www.lifewatch.com

Sign-up for customized E-mail alerts and documentation requests is
available at http://production.investis.com/lifewatch/alert-service/

end of ad-hoc-announcement ==========================================
====================================== 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, 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.

THIS PRESS RELEASE IS NOT BEING ISSUED IN THE UNITED STATES OF
AMERICA AND SHOULD NOT BE DISTRIBUTED TO UNITED STATES PERSONS OR
PUBLICATIONS WITH A GENERAL CIRCULATION IN THE UNITED STATES. THIS
PRESS RELEASE DOES NOT CONSTITUTE AN OFFER OF SECURITIES OF LIFEWATCH
AG OR ANY OF ITS SUBSIDIARIES FOR SALE IN THE UNITED STATES OR AN
INVITATION TO SUBSCRIBE FOR OR PURCHASE ANY SECURITIES OF LIFEWATCH
AG OR ITS SUBSIDIARIES IN THE UNITED STATES. IN ADDITION, THE
SECURITIES OF LIFEWATCH AG AND ITS SUBSIDIARIES HAVE NOT BEEN
REGISTERED UNDER THE UNITED STATES SECURITIES LAWS AND MAY NOT BE
OFFERED, SOLD OR DELIVERED WITHIN THE UNITED STATES OR TO U.S.
PERSONS ABSENT REGISTRATION UNDER OR AN APPLICABLE EXEMPTION FROM THE
REGISTRATION REQUIREMENTS OF THE UNITED STATES SECURITIES LAWS. ANY
PUBLIC OFFERING OF SECURITIES TO BE MADE IN THE UNITED STATES WILL BE
MADE BY MEANS OF A PROSPECTUS THAT MAY BE OBTAINED FROM LIFEWATCH AG
OR ITS SUBSIDIARIES, AS APPLICABLE, AND WILL CONTAIN DETAILED
INFORMATION ABOUT THE ISSUER AND ITS MANAGEMENT AS WELL AS FINANCIAL
STATEMENTS OF THE ISSUER.


end of announcement euro adhoc
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ots Originaltext: LifeWatch AG
Im Internet recherchierbar: http://www.presseportal.de

Further inquiry note:

Kobi Ben Efraim, Chief Financial Officer, LifeWatch AG

Tel +41 52 632 00 50 | Fax +41 52 632 00 51 | Email kobibe@cardguard.com



Sensus Investor and Public Relations GmbH, Zürich:

Tel +41 43 366 55 11 | Fax +41 43 366 55 12 | Email lifewatch@sensus.ch

Branche: Healthcare Providers
ISIN: CH0012815459
WKN: 1281545
Index: SPI, SPIEX
Börsen: Frankfurt / Open Market / XETRA
SIX Swiss Exchange / Hauptsegment
Berlin / free trade


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