LifeWatch AG

EANS-Adhoc: LifeWatch AG/ plans a par value reduction, returning the means thus made available to the shareholders in February 2011

-------------------------------------------------------------------------------- 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. -------------------------------------------------------------------------------- 18.10.2010 LifeWatch AG plans a par value reduction, returning the means thus made available to the shareholders in February 2011 * Extraordinary General Shareholders´ Meeting on November 11, 2010 in Zurich * Planned par value reduction from CHF 2.00 to CHF 1.30 per registered share * Paying back a total of CHF 9.1 to CHF 10.2 million to shareholders Neuhausen am Rheinfall / Switzerland - The Board of Directors of LifeWatch AG (SIX Swiss Exchange: LIFE), the leading wireless remote cardiac and medical patient monitoring service provider in the U.S., will propose to the shareholders at an Extraordinary Shareholders´ Meeting scheduled for November 11, 2010 in Zurich a par value reduction. The par value of each registered share is to be reduced from CHF 2.00 to CHF 1.30 and the proceeds are to be returned to the shareholders. LifeWatch AG plans to reduce the par value of its registered shares, from CHF 2.00 today to CHF 1.30, in the middle of February 2011. At a date yet to be defined, each shareholder of LifeWatch AG will receive CHF 0.70 for each registered share. In contrast to dividend payments, a par value reduction is not subject to any withholding tax. After approval of the Board´s motion by the Extraordinary Shareholders´ Meeting scheduled for November 11, 2010, a total amount of CHF 9.1 to CHF 10.2 million can thus be returned to the shareholders. Based on the current share price of CHF 10.50 this equals a yield of approximately 6.67%. The detailed invitation to the Extraordinary General Shareholders´ Meeting will be published in the Swiss Official Gazette of Commerce (SOGC/SHAB) of October 21, 2010, on the company´s website, and will be sent by letter to the registered shareholders. 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 remote patient monitoring services. LifeWatch services cater to individuals, ranging from high-risk and chronically ill patients, to consumers of health and wellness products. 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 manufacturer of telecardiology products. LifeWatch is also introducing a new program for Home SleepTesting of Obstructive Sleep Apnea (OSA) patients under the brand name NiteWatch. For additional information, please visit Sign-up for customized E-mail alerts and documentation requests is available at 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 -------------------------------------------------------------------------------- ots Originaltext: LifeWatch AG Im Internet recherchierbar: Further inquiry note: Sensus Investor and Public Relations, Zürich: Tel +41 43 366 55 11 | Fax +41 43 366 55 12 | E-mail Branche: Healthcare Providers ISIN: CH0012815459 WKN: 1281545 Index: SPI, SPIEX Börsen: Frankfurt / Open Market / XETRA Berlin / free trade SIX Swiss Exchange / Main Standard

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