DJ EANS-Adhoc: Card Guard to announce results of Q1 2009 on May 18, 2009Preliminary 1Q09 results demonstrated sixth consecutive quarter of strong financial performance
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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.
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22.04.2009
Neuhausen am Rheinfall / Switzerland - Card Guard
AG (SIX Swiss Exchange:
CARDG) will host an analyst and media conference to announce first quarter 2009
results in Zürich in the morning of May 18, 2009. Please reserve the date; a
detailed schedule and venue will
be provided in a future press release.
Significant revenue growth continued
Based on preliminary figures, Card Guard recorded a strong increase in revenues
compared with Q1 2008 results, marking the sixth consecutive quarter of year-
over-year growth. In the first quarter, the company experienced strong
sequential growth at its U.S. subsidiary, LifeWatch Services, primarily driven
by the continued market adoption of the company's ACT offering for wireless
cardiac monitoring services. Card Guard believes that the positive trends shown
in the first quarter of 2009 will continue throughout the year.
About Card Guard
AG Card Guard
AG, headquartered in Neuhausen am Rheinfall, Switzerland, is a
leading healthcare technology and solution company, specializing in advanced
telehealth systems and wireless cardiac monitoring services. Card Guard
services treat high-risk and chronically ill patients, health conscious
consumers and wellness programs. Card Guard has subsidiaries in the United
States, the Netherlands, Japan, the United Kingdom, Switzerland and Israel.
Card Guard
AG is the parent company of LifeWatch Services Inc., a leading US-
based cardiac monitoring service provider, and LifeWatch Technologies Inc., a
US-based manufacturer of telecardiology products. www.cardguard.com
Sign-up for customized E-mail alerts and documentation requests is available at
http://www.cardguard.com/newsite/inner.asp?cat=38&type=2&lang=1&mal=yes
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. Card Guard
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 Card Guard
AG at the time of the issue of this press release. Card
Guard
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 CARD GUARD
AG OR ANY OF ITS SUBSIDIARIES
FOR SALE IN THE UNITED STATES OR AN INVITATION TO SUBSCRIBE FOR OR PURCHASE ANY
SECURITIES OF CARD GUARD
AG OR ITS SUBSIDIARIES IN THE UNITED STATES. IN
ADDITION, THE SECURITIES OF CARD GUARD
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 CARD GUARD
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
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(END) Dow Jones Newswires
April 22, 2009 01:16 ET (05:16 GMT)
