LifeWatch AG

DGAP-Adhoc: LifeWatch publishes Annual Report 2013

LifeWatch AG  / Key word(s): Final Results

30.04.2014 07:00

Release of an ad hoc announcement pursuant to Art. 53 KR
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Press Release

LifeWatch publishes Annual Report 2013

Neuhausen am Rheinfall, April 30, 2014 - LifeWatch AG (SIX Swiss Exchange:
LIFE) today published its audited 2013 Annual Report. In the year under
review, LifeWatch generated revenues of USD 90.77 million, an increase of
13.3% compared with the previous year. Monitoring services accounted for
the majority of this result with revenues of USD 89.21 million, up 12.2%
from the year 2012. After the Board of Directors conducted an in-depth
analysis of the provisional results for 2013 published on February 27,
2014, it became clear that additional provisions would be required for
2013. The provisions for legal expenses and payment defaults in particular
had to be increased, which led to higher expenses of USD 3.03 million
before tax effects. In addition, extraordinary expenses of USD 4.92 million
were incurred. The net result remained positive thanks to a tax credit of
USD 5.44 million, and a net profit of USD 2.9 million or USD 0.22 per share
was achieved.

As previously announced LifeWatch will present the results of its Company
analysis and provide detailed information on its strategy and outlook at a
press conference on May 27, 2014. The Company will also report on the
results for the first quarter of 2014 at the same time.


The 2013 Annual Report can be obtained from the LifeWatch website via the
following link:
http://www.equitystory.com/download/companies/lifewatch/Annual%20Reports/a
nnual-report-2013.pdf. Printed copies of the Annual Report can be ordered
at investor-relations@lifewatch.com.


Key dates:

May 27, 2014  Media conference in Zurich
May 28, 2014  Ordinary General Meeting in Zurich


Inquiries:
LifeWatch AG
c/o Dynamics Group, Philippe Blangey
Telephone: +41 43 268 32 35
E-mail: investor-relations@lifewatch.com


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 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. The company is planning to
introduce the LifeWatch V, an Android-based smartphone with medical sensors
and apps that uses a cloud-based service platform. For additional
information, please visit www.lifewatch.com.


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ervice.html


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.


30.04.2014 News transmitted by EQS Schweiz AG.
The issuer is responsible for the contents of the release.

EquityStory publishes regulatory releases, media releases on the capital
market and press releases.
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for over 1'300 listed companies.
The Swiss news archive can be found at www.equitystory.ch/news

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Language:               English
Company:                LifeWatch AG
                        Rundbuckstrasse 6
                        8212 Neuhausen am Rheinfall
                        Switzerland
Phone:                  +41 52 632 00 50
Fax:                    +41 52 632 00 51
E-mail:
Internet:            www.lifewatch.com
ISIN:                   CH0012815459
Valor:                  811189
Listed:                 Freiverkehr in Berlin, Stuttgart; Frankfurt in Open
                        Market ; SIX

End of Announcement                             EQS Group News-Service

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