LifeWatch(TM) Appoints Andrew Moore as Chief Financial Officer

PR63654

ZUG, Switzerland, Mar. 3, 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, announces a change in its Executive Management Team.

    Following a recommendation by the Chief Executive Officer, the Board of

Directors has appointed Andrew Moore as Chief Financial Officer of the

LifeWatch group effective April 1, 2016. Andrew Moore, who has been Chief of

Staff at LifeWatch since 2014, has Swiss/British dual nationality and brings a

wealth of financial experience to the position. Andrew Moore has previously

held various positions as Chief Financial Officer, including a company quoted

on the AIM in London, as well as positions in investment banking, private

banking and venture capital. Andrew Moore commenced his career with Price

Waterhouse (now PriceWaterhouseCoopers) in the UK. Andrew Moore is a qualified

English Chartered Accountant (FCA), qualified English Tax Advisor (CTA) and a

certified European Financial Analyst (CEFA). The Board welcomes Andrew Moore to

the Executive Management Team and wishes him every success for the future.

    The company would like to thank Michael Turchi for his efforts as Chief

Financial Officer over the last two years. Michael Turchi will ensure a smooth

transition and remain with the company in a senior management function within

the global finance department.

    About LifeWatch AG:

LifeWatch AG, headquartered in Zug and listed on SIX Swiss Exchange (LIFE),

Switzerland, is a leading healthcare technology and solutions 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.

    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 FROM

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.

        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