EQS-Adhoc: LifeWatch AG: Suit Brought Against LifeWatch Services, Inc. by Acacia Subsidiary Dismissed
EQS Group-Ad-hoc: LifeWatch AG / Key word(s): Legal Matter
LifeWatch AG: Suit Brought Against LifeWatch Services, Inc. by Acacia
Subsidiary Dismissed
02.03.2015 / 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 AG: Suit Brought Against LifeWatch Services, Inc. by Acacia
Subsidiary Dismissed
Neuhausen am Rheinfall/Switzerland, March 2, 2015 - LifeWatch AG (SIX Swiss
Exchange: LIFE), a leading provider of medical solutions in remote cardiac
monitoring, announces that a patent case brought against the company by
Body Science, LLC, a subsidiary of Acacia Research Corp. ("Acacia"), has
been dismissed with prejudice by the District of Massachusetts court.
LifeWatch CEO, Dr. Stephan Rietiker, commented, "The Body Science, LLC case
ended as expected. We have in the past, and will continue in the future, to
vigorously defend the Company against patent trolls such as Acacia and its
subsidiaries."
For further questions:
LifeWatch AG
c/o Dynamics Group, Philippe Blangey / Doris Rudischhauser
Phone: +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 a leading healthcare technology and
solution company,specializing in advanced telehealth systems and wireless
remote 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
www.lifewatch.com.
Sign up for customized e-mail alerts and documentation requests 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 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.
End of ad hoc announcement
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02.03.2015 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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328239 02.03.2015
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