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 the Spacelabs
Healthcare division has received an order for approximately $3 million
from Swedish Medical Center to provide advanced patient monitoring
solutions, which will be utilized at the non-profit health system's new
hospital in Issaquah, WA.
"Swedish and Spacelabs have come together on the delivery of healthcare
in the Seattle area and beyond. We are committed to improving the way
care is delivered and our partnership supports this goal. I congratulate
Spacelabs on their technology, which is designed to meet the dynamic
challenges of healthcare," said Cal Knight, President and COO of Swedish.
Deepak Chopra, President and CEO of OSI Systems, stated, "We are excited
about this effort with Swedish. OSI has a broad array of patient
monitoring solutions that can be well matched to the unique needs of
each hospital."
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.
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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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