LifeWatch(TM) Receives FDA Clearance for Its Continuous Vital Signs Monitoring Service

PR63363

ZUG, Switzerland, Feb. 9, 2016 /PRNewswire=KYODO JBN/ --

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

of medical solutions and remote diagnostic monitoring services in the digital

health market, is pleased to announce that it has received FDA clearance for

its continuous Vital Signs Monitoring Service.

    The wireless, patch-based vital signs monitoring system makes vital signs

monitoring faster, easier and more convenient for both, patients and medical

staff. It will allow for early detection of vital sign changes thereby enabling

faster interventions as well as increased nursing efficiency and higher

patient satisfaction.

    The Vital Signs Patch is an easy-to-use cable-free sensor worn on a

patient's upper chest. It is intended to be used on adult patients in a

clinical environment for the continuous, non-invasive monitoring of ECG, heart

rate, respiration rate, surface temperature, arterial blood oxygen saturation

and body position. It will be available in two versions (with and without ECG)

and is connected with an easy-to-use wireless supporting system, which provides

medical information and alerts remotely to medical staff. Although the system

will initially be used in a medical facility (hospital, nursing home, etc.),

the even larger ambulatory market should follow once the technology has been

proven in the clinical environment.

    Dr. Stephan Rietiker, CEO of LifeWatch, stated: "This clearance represents

another significant technological breakthrough for LifeWatch and further

strengthens our position as an innovational leader in digital health. I am

highly excited at the tremendous market potential for the easy-to-use Vital

Signs Patch, both in the clinical and ambulatory settings worldwide.

Furthermore, the cost benefits will allow vital signs monitoring to be utilized

for a much broader patient population. However, providing service in a clinical

environment is a new market for LifeWatch and will therefore require both time

and additional resources in order to ensure a successful market launch."

    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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    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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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