Science and Technology Science and Technology
Wed, December 21, 2011

OSI Systems Receives $2.3 Million in Orders for Patient Monitoring Solutions


Published on 2011-12-21 05:06:05 - Market Wire
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HAWTHORNE, Calif.--([ ])--[ OSI Systems, Inc. ] (NASDAQ:OSIS), a vertically-integrated provider of specialized electronic products for critical applications in the Security and Healthcare industries, today announced that its Healthcare division, Spacelabs Healthcare, received orders for approximately $2.3 million from two hospitals in the Southeast region to provide new patient monitors, including Spacelabsa premier, state of the art, XPREZZONTM patient monitor.

"We look forward to providing our very top of the line XPREZZON patient monitoring system, paired up with our advanced connectivity solution, the ICS G2, easily facilitating remote and secure access to critical patient data."

Deepak Chopra, OSI Systems CEO, commented, aWe look forward to providing our very top of the line XPREZZON patient monitoring system, paired up with our advanced connectivity solution, the ICS G2, easily facilitating remote and secure access to critical patient data.a

About OSI Systems, Inc.

OSI Systems, Inc. is a vertically integrated designer and manufacturer of specialized electronic system 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 deliver a broad range of solutions to customers in the healthcare industry.The actual results may differ materially from those described in or implied by any forward-looking statement.

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