SHL Telemedicine German subsidiary wins 8 years contract valued at 16 to 20 million euros with health insurance company Barmer GEK in Germany

TEL AVIV, Israel and ZURICH, Feb. 4, 2015 /PRNewswire/ -- SHL Telemedicine Ltd. (SIX Swiss Exchange: SHLTN), a leading provider and developer of advanced personal telemedicine solutions, today announced that its German subsidiary almeda won a multi-year contract with Barmer GEK health insurance company. Barmer GEK is a long term client, for which almeda is providing telehealth services. almeda now won this public tender to continue and provide telehealth services to Barmer GEK.

Erez Alroy, Co-CEO of SHL, commented: "We are delighted to have won this tender and that we can continue the partnership with Barmer GEK for many years. This is testimony of customer loyalty and the high quality of our service offering."

About SHL Telemedicine

SHL Telemedicine is engaged in developing and marketing personal telemedicine systems and the provision of medical call center services, with a focus on cardiovascular and related diseases, to end users and to the healthcare community. SHL Telemedicine offers its services and personal telemedicine devices to subscribers utilizing telephonic and Internet communication technology. The Company operates in Israel, Germany, India and the United States in one business segment, Telemedicine services. SHL is listed on the SIX Swiss Exchange (SHLTN, ISIN: IL0010855885, Security No.: 1128957) and has an ADR program listed over-the counter; Symbol: SMDCY. For more information please visit our web site at www.shl-telemedicine.com.

Some of the information contained in this press release contains forward-looking statements. Readers are cautioned that any such forward-looking statements are not guarantees of future performance and involve risks and uncertainties, and that actual results may differ materially from those in the forward-looking statements as a result of various factors. SHL Telemedicine undertakes no obligation to publicly update or revise any forward-looking statements.

SOURCE SHL Telemedicine Ltd.

Related Links

http://www.shl-telemedicine.com

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