EANS-Adhoc: Card Guard to announce results of Q1 2009 on May 18, 2009
Preliminary 1Q09 results demonstrated sixth consecutive quarter of strong financial performance
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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.
quaterly report
22.04.2009
Neuhausen am Rheinfall / Switzerland - Card Guard AG (SIX Swiss Exchange: CARDG) will host an analyst and media conference to announce first quarter 2009 results in Zürich in the morning of May 18, 2009. Please reserve the date; a detailed schedule and venue will be provided in a future press release.
Significant revenue growth continued Based on preliminary figures, Card Guard recorded a strong increase in revenues compared with Q1 2008 results, marking the sixth consecutive quarter of year- over-year growth. In the first quarter, the company experienced strong sequential growth at its U.S. subsidiary, LifeWatch Services, primarily driven by the continued market adoption of the company's ACT offering for wireless cardiac monitoring services. Card Guard believes that the positive trends shown in the first quarter of 2009 will continue throughout the year.
About Card Guard AG Card Guard AG, headquartered in Neuhausen am Rheinfall, Switzerland, is a leading healthcare technology and solution company, specializing in advanced telehealth systems and wireless cardiac monitoring services. Card Guard services treat high-risk and chronically ill patients, health conscious consumers and wellness programs. Card Guard has subsidiaries in the United States, the Netherlands, Japan, the United Kingdom, Switzerland and Israel. Card Guard 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.cardguard.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, 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. Card Guard 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 Card Guard AG at the time of the issue of this press release. Card Guard 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 CARD GUARD AG OR ANY OF ITS SUBSIDIARIES FOR SALE IN THE UNITED STATES OR AN INVITATION TO SUBSCRIBE FOR OR PURCHASE ANY SECURITIES OF CARD GUARD AG OR ITS SUBSIDIARIES IN THE UNITED STATES. IN ADDITION, THE SECURITIES OF CARD GUARD 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 CARD GUARD 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
Further inquiry note:
Kobi Ben Efraim
Chief Financial Officer
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 cardguard@sensus.ch
Branche: Healthcare Providers
ISIN: CH0012815459
WKN: 1281545
Index: SPI, SPIEX
Börsen: Börse Berlin / free trade/entry standard
Börse Frankfurt / Open Market / XETRA
SWX Swiss Exchange / Hauptsegment