LifeWatch Receives FDA Clearance for its Mobile Cardiac Telemetry 1-Lead Patch

PR63128

ZUG, Switzerland, Jan. 18 /PRNewswire=KYODO JBN/ --

    LifeWatch AG (SIX Swiss Exchange: LIFE), a leading developer and provider

of medical solutions anad remote diagnostic monitoring services to the digital

health market, is pleased to announce that it has received U.S. Food and Drug

Administration (FDA) 510k clearance for its internally-developed LifeWatch

Mobile Cardiac Telemetry (MCT) Patch, a 1-lead ECG system.

    The LifeWatch MCT 1-Lead Patch is the newest addition to LifeWatch's

cardiac diagnostic monitoring offering, and continues to build on LifeWatch's

commitment to becoming a truly global provider of remote diagnostic monitoring

devices and services.

    This latest clearance, when combined with the recently obtained CE mark,

enables LifeWatch to provide patients in many parts of the globe with a new

diagnostic monitoring patch alternative. The MCT 1-Lead Patch is capable of

watching every heartbeat for adverse cardiac events and transmitting

significant findings, in near real time, to a clinical service center for

immediate follow-up. The MCT 1-Lead Patch technology is an easy to use,

discrete and lightweight alternative to traditional recording and transmitting

devices. It is significantly more comfortable for the patient and should

therefore lead to an increase in the diagnostic yield as a result of improved

patient compliance.

    Dr. Stephan Rietiker, CEO of LifeWatch, stated: "I am very excited about

this milestone which will now allow us to introduce our patch technology to a

broader market. The FDA clearance represents yet another significant

achievement for LifeWatch and further strengthens our position as an

innovational leader in digital health."

    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 http://www.lifewatch.com.

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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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    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

    SOURCE: LifeWatch AG