Mar 28, 2011

OSI Systems Receives $2.3 Million in Orders for Patient Monitoring & Connectivity Solutions from Lexington Medical Center

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 received orders totaling $2.3 million from Lexington Medical Center. The progressive South Carolina hospital has chosen to upgrade to Spacelabs patient monitoring & connectivity solutions throughout the enterprise. Spacelabs products include the Ultraview SL portable, bedside and central monitors; Tru-Link supplies and accessories; and ICS G2 software applications designed to improve the efficiency, functionality and flow of clinical information.

Deepak Chopra, President and CEO of OSI Systems, stated, "We are very pleased that Lexington Medical Center has chosen Spacelabs solutions to help them deliver the very best patient care. As hospitals recognize the value of ICS G2 software applications in helping to lower costs, reduce lengths of stay, and improve outcomes, Spacelabs Healthcare will strive to stand out as the vendor of choice."

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.

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

Source: OSI Systems, Inc.

News Provided by Acquire Media