Sep 15, 2010

OSI Systems Receives $1.6 Million Contract from Indian Government for Anesthesia Work Stations

OSI Systems Receives $1.6 Million Contract from Indian Government for Anesthesia Work Stations 11.1 KB

HAWTHORNE, Calif., Sep 15, 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 the Spacelabs Healthcare division has received a contract valued at $1.6 million from the Indian Government to provide advanced anesthesia work stations.

Deepak Chopra, President and CEO of OSI Systems, stated, "We are proud to be selected by the Government of India to provide an advanced anesthesia solution which integrates our Ultraview patient monitoring and Blease ventilator technologies. This win is the latest example of our exciting progress in a country that has a growing need for cost effective healthcare solutions."

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 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.

SOURCE: OSI Systems Inc.

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