EANS-Adhoc: LifeWatch AG - Capital reduction recorded into commercial register. Repayment of par value reduction to shareholders will take place on February 11, 2011 via their depository banks. (wi

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Company Information/Capital reduction

02.02.2011

Neuhausen am Rheinfall / Switzerland - LifeWatch AG (SIX Swiss
Exchange: LIFE), the leading provider of wireless telemedicine, today
announced that the capital reduction by means of a par value
repayment, which was approved by the Extraordinary Shareholders
Meeting on November 11, 2010, has been recorded into the commercial
register on January 31, 2011. The par value repayment will be
effected via the depositary banks of the shareholders on February 11,
2011.

You will find a PDF version of this press release at the end of this
message.

At the Extraordinary Shareholders Meeting of LifeWatch AG held on
November 11, 2010, shareholders approved the motion of the Board of
Directors to reduce the company´s share capital by means of a par
value repayment to shareholders. The ordinary share capital is to be
reduced by a par value reduction (from CHF 2.00 to CHF 1.30) from CHF
26,205,296.00 (as per November 10, 2010) to CHF 16,926,638.30. The
reduced amount of CHF 0.70 per registered share will be paid out to
the shareholders. The special audit report pursuant to Art. 732 of
the Swiss Code of Obligations confirmed that all creditor claims will
be fully covered following the capital reduction.

On November 18, 19 and 22, 2010 the Company published the required
public creditor calls in the Swiss Official Gazette of Commerce.
After a two-months waiting period during which creditors could file
their claims for security expired on January 24, 2011, no securing
demands from creditors were recorded by the Company. Consequently,
all conditions for a record in the commercial register have been
fulfilled and a notarized official record was entered on January 31,
2011.

Effective February 8, 2011 ("ex-day"), LifeWatch AG shares will begin
trading on SIX Swiss Exchange with the new par value. On February 11,
2011 the par value repayment will take place to all individual and
legal persons that were shareholders of the company on the day prior
to the ex-day (i.e. February 7, 2011). The payment to the
shareholders will happen automatically via their depositary banks and
is not subject to withholding tax and, for private residents in
Switzerland, not subject to income tax.

About LifeWatch AG:

LifeWatch AG, headquartered in Neuhausen am Rheinfall and listed on
SIX Swiss Exchange (LIFE), Switzerland, is the leading healthcare
technology and solutions company specializing in advanced
telemedicine 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 wireless remote telemedicine provider. LifeWatch
services include Home Sleep Testing for Obstructive Sleep Apnea (OSA)
patients under the brand name NiteWatch. For additional information,
please visit www.lifewatch.com.

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.

Attachments with Announcement:
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http://resources.euroadhoc.com/us/YEZTY3lZ

end of announcement euro adhoc
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ots Originaltext: LifeWatch AG
Im Internet recherchierbar: http://www.presseportal.de

Further inquiry note:

Sensus Investor & Public Relations, Zürich:
Tel +41 43 366 55 11 | Fax +41 43 366 55 12 | E-mail lifewatch@sensus.ch

Sign-up for customized E-mail alerts and documentation requests is available at
http://production.investis.com/lifewatch/alert-service/

Branche: Healthcare Providers
ISIN: CH0012815459
WKN: 1281545
Index: SPI, SPIEX
Börsen: Frankfurt / Open Market / XETRA
Berlin / free trade
SIX Swiss Exchange / Main Standard