OSI Systems Receives Approximately $11 Million in Orders for Cargo and Baggage Inspection Systems

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 security division, Rapiscan Systems, has been awarded contracts for approximately $11 million to provide state of the art parcel, cargo and vehicle inspection systems for international customers. Two of the platforms being delivered are the Rapiscan Eagle® P60 portal and Eagle M60 mobile X-ray inspection systems which will be utilized to scan for a comprehensive range of threats in cargo. In addition, the 638XR and 620DV series, our advanced checkpoint screening solutions for cargo and baggage, are also being provided to fulfill these orders.

The Eagle P60 achieves fast, accurate and efficient cargo screening by automatically scanning trucks as they drive through the system. Eagle portal scanners, like the Eagle P60, deliver high scanning throughput along with superior X-ray imaging quality, which enables inspectors to find contraband in cargo. The Eagle M60 is the most powerful cargo inspection system available in a mobile configuration capable of driving on public roads. With the Eagle M60, customers are able to quickly respond to operational requirements for cargo screening at locations, such as seaports, borders and checkpoints.

OSI Systems' CEO, Deepak Chopra, stated, "Our broad product offering allows us flexibility in configuring the most comprehensive solution to meet our customer's threat detection requirements. We look forward to these deployments which will increase our customers' operational effectiveness."

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 which, unlike other inspection technologies, is able to penetrate well beyond the surface of a container or vehicle to provide comprehensive detection of threats. Over 150 Eagle cargo and vehicle inspection systems have been deployed worldwide by customers including the US government, UK Customs, Abu Dhabi Customs and the European Union, among others.

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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