Mar 13, 2006
Rapiscan Systems To Provide Security Screening Equipment At The XVIII Commonwealth Games In Melbourne
Rapiscan Systems To Provide Security Screening Equipment At The XVIII Commonwealth Games In Melbourne
Rapiscan Systems To Provide Security Screening Equipment At The XVIII Commonwealth Games In Melbourne
Rapiscan Systems, a division of OSI Systems, Inc. today announced that it will be deploying multiple security inspection solutions at the Melbourne 2006 Commonwealth Games taking place in Australia from March 15th through the 26th. The equipment will be used to inspect packages, personal items, cargo shipments and vehicles at various venues throughout the games. Under the contract Rapiscan Systems will supply products from its Baggage and Parcel Inspection and Cargo and Vehicle Inspection lines.With more than one-third of the world's population living in Commonwealth countries, the 2006 Games will include 4,500 athletes from 71 countries and draw an expected global audience of 1.5 billion viewers. Additionally, Festival Melbourne 2006, the largest cultural and arts program Australia has ever hosted, will run concurrently with the sporting events.
President of Rapiscan Systems, Mr. Ajay Mehra, stated, Were very excited to be the chosen security screening equipment provider for the one of todays great sporting events. With over 1.3 million spectators expected in Melbourne and a quarter of the worlds population watching, we look forward to drawing upon our vast experience to provide the most advanced inspection systems available.
About Rapiscan Systems
Rapiscan Systems, a division of OSI Systems, Inc. is a leading supplier of high quality security inspection solutions utilizing X-ray and gamma-ray imaging, and advanced threat identification techniques such as neutron and diffraction analysis. The companys products are sold into four market segments; Baggage and Parcel Inspection, Cargo and Vehicle Inspection, Hold Baggage Screening and People Screening. The company has an installed base globally of more than 50,000 security and inspection systems. The Rapiscan Systems product line is manufactured at four locations and supported by a global support service network. For more information on Rapiscan Systems, please visit www.rapiscansystems.com.
About OSI Systems, Inc.
OSI Systems Inc. is a Hawthorne, California based diversified global developer, manufacturer and seller of security and inspection systems, medical monitoring and anesthesia products, and optoelectronic devices and value-added subsystems. The company has more than 30 years of experience in electronics engineering and manufacturing and maintains offices and production facilities located in more than a dozen countries. OSI Systems implements a strategy of expansion by leveraging its electronics and contract manufacturing capabilities into selective end product markets through organic growth and acquisitions. For more information on OSI Systems Inc. or any of its subsidiary companies, visit www.osi-systems.com.
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 our expectations, goals or intentions about the future, including, but not limited to, statements regarding the growth of our install base of large cargo inspection systems, service revenues and service contracts. The actual results may differ materially from those described in or implied by any forward-looking statement. In particular, there can be no assurance that such growth will occur either at their expected rates or at all. Other important factors are set forth in our Securities and Exchange Commission filings. All forward-looking statements speak only as of the date made, and we undertake no obligation to update these forward-looking statements.
For Further Information
OSI Systems Inc
Jeremy Norton Director of Investor Relations
12525 Chadron Ave
Hawthorne CA 90250
Tel: (310) 349 2237
E: jnorton@osi-systems.com
Amy Talley
Tel: (703) 323.8939
E: atalley@jeffersonconsulting.com