Feb 15, 2012

OSI Systems Awarded Contract from HealthTrust Purchasing Group for Patient Monitoring Solutions

HAWTHORNE, Calif.--(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 Healthcare division, Spacelabs Healthcare, has been awarded a contract to provide its patient monitoring solutions to the member facilities of HealthTrust Purchasing Group L.P., (HealthTrust), one of the largest healthcare group purchasing organizations (GPOs) in the U.S. Under this agreement, Spacelabs' patient monitors and connectivity solutions are available to HealthTrust's membership, which includes 1,400 hospitals nationwide.

Deepak Chopra, OSI Systems' CEO, commented, "We are pleased to partner with HealthTrust and look forward to offering its members our latest patient monitoring and connectivity solutions to enable the delivery of high quality care. We now have access to member hospitals and surgery centers that typically choose to only buy through the network of suppliers contracted with HealthTrust."

About HealthTrust Purchasing Group
HealthTrust Purchasing Group, L.P., headquartered in Brentwood, Tenn., is a group purchasing organization that supports nearly 1,400 not-for-profit and for-profit acute care facilities, as well as 10,600 ambulatory surgery centers, physician practices, and alternate care sites. With an annual purchasing volume by its members of more than $20 billion, HealthTrust is committed to obtaining the best price for clinically recommended products, ensuring their timely delivery, and continuously evaluating and improving its services to the patients, physicians and clinicians it serves. The website is www.healthtrustpg.com.

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.

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

Source: OSI Systems, Inc.

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