May 5, 2011

OSI Systems Awarded Multimillion Dollar Contract for Installation of High Speed Rail Inspection Solution in Eastern Europe

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, has been awarded a multimillion dollar contract to provide the Eagle® R60 Rail scanner and associated installation and operator training services to an Eastern European country.

OSI Systems CEO, Deepak Chopra, stated, "We are excited to implement our high energy rail inspection system, the Eagle R60, to another Eastern European customs agency. The Eagle R60 is the only inspection system capable of screening rail cargos at speeds of up to thirty-five miles per hour. This means that our customers can achieve not only superior threat detection but also efficient throughput of cargo."

The Rapiscan Eagle R60 Rail scanner is part of Rapiscan's industry leading cargo and vehicle inspection product line. It uses Rapiscan's proprietary high-energy transmission X-ray technology and detection platform to comprehensively screen densely packed rail-borne cargos at speeds of up to thirty-five miles or fifty-six kilometers per hour.

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.

OSI Systems Inc
Ajay Vashishat, 310-349-2237
Vice President, Business Development
avashishat@osi-systems.com

Source: OSI Systems, Inc.

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