OSI Systems Receives $9 Million Order for Eagle(R) Cargo and Vehicle Inspection Systems from European Customs Agency

HAWTHORNE, Calif., Aug 03, 2010 (BUSINESS WIRE) -- 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 security division, Rapiscan Systems, has been awarded a $9 million contract to provide multiple Eagle^(R) transmission X-ray cargo and vehicle inspection systems to a European customs agency.

OSI Systems CEO, Deepak Chopra, stated, "Eagle transmission X-ray cargo and vehicle inspection systems are the premier non-intrusive inspection solution for customs agencies who value high-performance, high-throughput security systems. Unlike some detection technologies that have limited penetration capabilities, Eagle transmission X-ray systems can detect contraband, weapons, narcotics and other threat items even at the center of densely packed containers or vehicles." Mr. Chopra continued, "We look forward to implementing our cargo solutions for this critical security application. With the broad technology base at Rapiscan, we continue to expand our screening options available to port, border, and air cargo security customers."

Eagle^(R) Cargo and Vehicle Inspection Systems

OSI System's line of Eagle^(R) cargo and vehicle inspection systems are used by customs agencies, military organizations and homeland security worldwide because they provide outstanding image quality and threat detection, while maximizing the operational effectiveness of customers. Eagle cargo and vehicle inspection systems use proprietary transmission X-ray technology which, unlike other inspection technologies, is able to penetrate well beyond the surface of a container or vehicle to provide comprehensive detection of threats. Over 100 Eagle cargo and vehicle inspection systems have been deployed worldwide.

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.

SOURCE: OSI Systems, Inc.

OSI Systems Inc
Jeremy Norton
Vice President, Investor Relations
310-349-2372
jnorton@osi-systems.com

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