18.03.2015 – 07:06

LifeWatch AG

EQS-Adhoc: LifeWatch achieves turnaround in 2014: Turnover increased by 8.1% with positive Operating Results

EQS Group-Ad-hoc: LifeWatch AG / Key word(s): Final Results
LifeWatch achieves turnaround in 2014: Turnover increased by 8.1% with
positive Operating Results

18.03.2015 / 07:00
Release of an ad hoc announcement pursuant to Art. 53 KR.
The issuer is solely responsible for the content of this announcement.

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Press Release

LifeWatch achieves turnaround in 2014: Turnover increased by 8.1% with
positive Operating Results

Neuhausen am Rheinfall, Switzerland, March 18, 2015 - LifeWatch AG (SIX
Swiss Exchange: LIFE), a market leader in the development and sale of
digital health solutions primarily for remote cardiac monitoring and sleep
apnea diagnostics, realized a turnover of USD 98.47 million for the
business year 2014, 8.1% more than in the previous year (2013: USD 91.06
million). In particular, the second half year saw a significant reduction
in costs, which offsets the operative losses from the first half year. The
EBIT for the second semester amounted to USD 4.43 million following the
negative result in the first six months of USD 4.13 million. In total the
EBIT for the business year 2014 amounted to USD 0.30 million (2013: -2.089
million). The positive business development in the second half of the year
resulted in an EBITDA of USD 7.47 million for this period which more than
offset the negative first half year numbers. The net loss of USD 2.73
million (2013: net profit USD 2.92 million) resulted primarily from a tax
charge of USD 2.54 million, in comparison to a tax credit of over USD 5
million which was recorded in the previous year. Please note that the above
mentioned figures for 2014 are unaudited.

LifeWatch will publish the detailed audited annual results and the annual
report 2014 on March 31, 2015.

For Questions:
LifeWatch AG
c/o Dynamics Group, Philippe Blangey / Doris Rudischhauser
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) in Switzerland, is a leading provider of digital
health systems and wireless telemetry monitoring services. The LifeWatch
services deliver important information to doctors for appropriate treatment
of their patients and better treatment results.  LifeWatch has operative
subsidiaries in the USA, Switzerland, Macedonia and Israel and is the
parent concern for LifeWatch Services, Inc. and LifeWatch Technologies,
Ltd.  LifeWatch Services, Inc. is a leading US provider of cardiac
monitoring services as well as sleep analysis for the diagnosis of
obstructive sleep apnoea syndromes (OSAS).  LifeWatch Technologies, Ltd. in
Israel is a leading developer and producer of digital health products.  For
further information, see www.lifewatch.com.

E-Mail Alert: In order to receive regular information and updates on
LifeWatch, please register at:
http://www.irlifewatch.com/alert-service.aspx.

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.

In case of doubt, the English Press Release is the original.

End of ad hoc announcement

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18.03.2015 News transmitted by EQS Schweiz AG. www.eqs.com - news
archive: http://switzerland.eqs.com/de/News

The issuer is responsible for the contents of the release.

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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
Internet: www.lifewatch.com
ISIN:        CH0012815459
Valor:       811189
Listed:      Regulated Unofficial Market in Berlin, Stuttgart; Open
             Market in Frankfurt ; SIX


End of News    EQS Group News-Service
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