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OSI Systems Receives $4 Million Order for Service and Maintenance of Inspection Systems

^{Published on 2011-05-10 05:15:34 - Market Wire}
 

HAWTHORNE, Calif.--([ BUSINESS WIRE ])--[ OSI Systems, Inc ]. (NASDAQ: OSIS), a vertically-integrated provider of specialized electronics and services, today announced that its Security division, Rapiscan Systems, received an order in excess of $4 million for field service and maintenance of Rapiscan inspection systems, including Secure 1000 personnel screeners. This contract is in support of U.S. Government security and defense programs.

"We look forward to servicing our installed base with this customer. Rapiscan is increasingly relied upon to provide comprehensive service and on site support for its wide range of inspection platforms."

OSI Systems President and CEO, Deepak Chopra stated: aWe look forward to servicing our installed base with this customer. Rapiscan is increasingly relied upon to provide comprehensive service and on site support for its wide range of inspection platforms.a

Rapiscan Systems operates a 24x7 global service and support team that provides expert support to customers, from pre-installation operations analysis, to operator training, to installation and on-going maintenance.

About OSI Systems, Inc.

OSI Systems, Inc. is a vertically integrated designer and manufacturer of specialized electronic systems and components for critical applications in the homeland security, healthcare, defense and aerospace industries. We combine more than 30 years of electronics engineering and manufacturing experience with offices and production facilities in more than a dozen countries to implement a strategy of expansion into selective end product markets. For more information on OSI Systems Inc. or any of its subsidiary companies, visit [ www.osi-systems.com ]. News Filter: OSIS-G

This press release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. Such statements include information regarding the company's expectations, goals or intentions about the future, including the Company's contracts to provide solutions to the Security industry.The actual results may differ materially from those described in or implied by any forward-looking statement.