OSI Systems Receives Multimillion Dollar Cargo and Vehicle Inspection Contract from Middle East Customer

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, was awarded a multimillion dollar contract from a Middle East customer to provide multiple units of its Eagle® T-10 cargo and vehicle inspection solution.

The Eagle T-10 is a towable, ruggedized and highly mobile cargo and vehicle inspection system that is designed for rapid deployment. It features Rapiscan's proprietary 1 MeV X-ray scanner which can detect potential threats in even densely packed cargo.

OSI Systems CEO, Deepak Chopra, commented, "We are proud of this award from our customer in the Middle East. The Eagle T-10, a mobile cargo and vehicle inspection solution, can be rapidly deployed to a new checkpoint location and inspect the vehicle and its cargo for contraband, such as explosives, weapons and narcotics. The T-10 is another example of how our security products play a key role in helping protect critical infrastructure, industrial complexes, and commerce centers in a region that is critical to the global economy."

Eagle® Cargo and Vehicle Inspection Systems

OSI System's line of Eagle® 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 that, unlike other inspection technologies, is able to penetrate well beyond the surface of a container or vehicle to provide comprehensive detection of threats.

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
Vice President, Business Development
310-349-2237
avashishat@osi-systems.com

Source: OSI Systems, Inc.

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